CGI
280 hedge funds and large institutions have $10.7B invested in CGI in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 88 increasing their positions, 112 reducing their positions, and 14 closing their positions.
179% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 14
55% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $7.45M
17% more capital invested
Capital invested by funds: $9.16B → $10.7B (+$1.58B)
7% more funds holding
Funds holding: 261 → 280 (+19)
1.08% more ownership
Funds ownership: 56.94% → 58.02% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
21% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$170M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.9M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$27.1M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$19.7M |
| 5 |
Morgan Stanley
New York
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$39.8M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$36.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$31.8M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$28.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$22.7M |
GIB Hedge Fund Activity: Q4 2022 in Review
280 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q4 2022, worth a combined $10.7B — up 17% from $9.16B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GIB positions and 14 closed out — a net gain of 25 holders — while 88 added to existing stakes and 112 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $170M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $39.8M.
- 280 institutional investors held CGI (GIB) as of Q4 2022, up from 261 in Q3 2022.
- Funds reported $10.7B of CGI stock for Q4 2022, up 17% quarter-over-quarter.
- 39 funds opened new CGI positions in Q4 2022 and 14 closed out, a net change of +25 holders.
- The largest CGI buyer in Q4 2022 was National Bank of Canada, an estimated $170M added.
- The largest CGI seller in Q4 2022 was Manulife (Manufacturers Life Insurance), an estimated $39.8M sold.
Based on aggregated 13F filings for Q4 2022.