CGI
321 hedge funds and large institutions have $13B invested in CGI in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 107 increasing their positions, 126 reducing their positions, and 20 closing their positions.
95% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 20
74% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $7.69M
8% more capital invested
Capital invested by funds: $12B → $13B (+$989M)
6% more funds holding
Funds holding: 304 → 321 (+17)
0.67% more ownership
Funds ownership: 58.1% → 58.77% (+0.67%)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
15% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 126
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$82.9M |
| 2 |
ClearBridge Investments
New York
|
+$81.2M |
| 3 |
Morgan Stanley
New York
|
+$64.1M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$50M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$102M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$82.4M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$58.5M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$28.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$24.2M |
GIB Hedge Fund Activity: Q4 2023 in Review
321 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q4 2023, worth a combined $13B — up 8.2% from $12B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GIB positions and 20 closed out — a net gain of 19 holders — while 107 added to existing stakes and 126 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $82.9M. The largest seller was Fidelity International, cutting an estimated $102M.
- 321 institutional investors held CGI (GIB) as of Q4 2023, up from 304 in Q3 2023.
- Funds reported $13B of CGI stock for Q4 2023, up 8.2% quarter-over-quarter.
- 39 funds opened new CGI positions in Q4 2023 and 20 closed out, a net change of +19 holders.
- The largest CGI buyer in Q4 2023 was Arrowstreet Capital, an estimated $82.9M added.
- The largest CGI seller in Q4 2023 was Fidelity International, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2023.