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248 hedge funds and large institutions have $11.9B invested in CGI in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 119 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,901% more call options, than puts

Call options by funds: $14.5M | Put options by funds: $484K

7% more capital invested

Capital invested by funds: $11.2B → $11.9B (+$739M)

2% less funds holding

Funds holding: 253248 (-5)

2.51% less ownership

Funds ownership: 65.75%63.24% (-2.5%)

14% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 29

29% less funds holding in top 10

Funds holding in top 10: 1410 (-4)

39% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 119

Holders
248
Holders Change
-5
Holders Change %
-1.98%
% of All Funds
5.39%
Holding in Top 10
10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-28.57%
% of All Funds
0.22%
New
25
Increased
73
Reduced
119
Closed
29
Calls
$14.5M
Puts
$484K
Net Calls
+$14M
Net Calls Change
-$611K
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
1
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.88B -$375M -5,158,362 -12%
Fidelity International
2
Fidelity International
Bermuda
$878M -$101M -1,391,459 -11%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$665M +$10.8M +148,821 +2%
Invesco
4
Invesco
Georgia
$644M -$13.7M -189,071 -2%
JFL
5
Jarislowsky, Fraser Ltd
Quebec, Canada
$575M -$14.3M -197,242 -3%
Vanguard Group
6
Vanguard Group
Pennsylvania
$519M +$13.3M +182,536 +3%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$420M -$16.5M -226,780 -4%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$240M +$227M +3,118,892 New
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$234M +$148M +2,030,802 +201%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$224M -$25.8M -355,490 -11%
Norges Bank
11
Norges Bank
Norway
$200M
Canada Life
12
Canada Life
Manitoba, Canada
$195M -$14.9M -205,113 -7%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$185M -$26.2M -360,326 -13%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$183M -$5.07M -69,758 -3%
AIMCA
15
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$173M -$269K -3,700 -0.2%
APG Asset Management
16
APG Asset Management
Netherlands
$153M +$70.6M +970,800 +75%
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$147M +$22.2M +305,451 +19%
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$146M -$6.52M -89,756 -5%
QI
19
QV Investors
Alberta, Canada
$142M -$22.7M -312,875 -18%
Mackenzie Financial
20
Mackenzie Financial
Ontario, Canada
$141M -$22.2M -304,901 -14%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$135M -$5.49M -75,553 -4%
Franklin Resources
22
Franklin Resources
California
$134M -$38.4M -527,848 -23%
GCC
23
Guardian Capital (Canada)
Ontario, Canada
$121M -$43.6M -599,600 -28%
NSCM
24
New South Capital Management
Tennessee
$117M -$5.65M -77,762 -5%
Legal & General Group
25
Legal & General Group
United Kingdom
$108M -$3.33M -45,854 -3%

GIB Hedge Fund Activity: Q2 2019 in Review

248 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q2 2019, worth a combined $11.9B — up 6.6% from $11.2B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of GIB and 25 opened new positions — a net loss of 4 holders — while 119 trimmed existing stakes and 73 added.

The largest buyer was TD Asset Management, opening a new position worth an estimated $227M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $375M.

  • 248 institutional investors held CGI (GIB) as of Q2 2019, down from 253 in Q1 2019.
  • Funds reported $11.9B of CGI stock for Q2 2019, up 6.6% quarter-over-quarter.
  • 25 funds opened new CGI positions in Q2 2019 and 29 closed out, a net change of -4 holders.
  • The largest CGI buyer in Q2 2019 was TD Asset Management, an estimated $227M added.
  • The largest CGI seller in Q2 2019 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $375M sold.

Based on aggregated 13F filings for Q2 2019.