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338 hedge funds and large institutions have $13.6B invested in CGI in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 131 increasing their positions, 120 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

234% more call options, than puts

Call options by funds: $23M | Put options by funds: $6.89M

63% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 24

44% more funds holding in top 10

Funds holding in top 10: 913 (+4)

14% more capital invested

Capital invested by funds: $11.9B → $13.6B (+$1.66B)

3% more funds holding

Funds holding: 327338 (+11)

9% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 120

0.05% less ownership

Funds ownership: 57.89%57.83% (-0.05%)

Holders
338
Holders Change
+11
Holders Change %
+3.36%
% of All Funds
4.85%
Holding in Top 10
13
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+44.44%
% of All Funds
0.19%
New
39
Increased
131
Reduced
120
Closed
24
Calls
$23M
Puts
$6.89M
Net Calls
+$16.1M
Net Calls Change
+$74K
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
$1.88B +$25.1M +230,000 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$899M +$12.1M +111,192 +1%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$869M +$41.9M +383,340 +5%
Fidelity International
4
Fidelity International
Bermuda
$577M -$39.5M -361,410 -7%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$563M -$29.3M -268,055 -5%
JFL
6
Jarislowsky, Fraser Ltd
Quebec, Canada
$521M -$9.47M -86,726 -2%
National Bank of Canada
7
National Bank of Canada
Quebec, Canada
$519M +$94.1M +861,771 +24%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$510M -$125M -1,144,410 -21%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$505M +$12.5M +114,864 +3%
FDCDDQ
10
Federation des caisses Desjardins du Quebec
Quebec, Canada
$466M +$14.5M +133,123 +3%
BGC
11
Beutel, Goodman & Co
Ontario, Canada
$437M +$124M +1,133,803 +43%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$374M +$11.4M +104,300 +3%
Norges Bank
13
Norges Bank
Norway
$299M +$830K +7,602 +0.3%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$266M +$65.6M +600,595 +35%
TD Asset Management
15
TD Asset Management
Ontario, Canada
$264M +$10.8M +99,102 +4%
Invesco
16
Invesco
Georgia
$247M -$23.2M -212,084 -9%
Massachusetts Financial Services
17
Massachusetts Financial Services
Massachusetts
$230M -$124M -1,134,057 -36%
CIBC World Market
18
CIBC World Market
Ontario, Canada
$223M +$14.7M +134,626 +7%
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$176M +$17.6M +161,011 +12%
Legal & General Group
20
Legal & General Group
United Kingdom
$161M -$4.75M -43,476 -3%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$157M +$60.6M +555,017 +68%
Bank of Nova Scotia
22
Bank of Nova Scotia
Ontario, Canada
$134M +$872K +7,984 +0.7%
AIMCA
23
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$123M -$8.86M -81,138 -7%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$116M +$8.67M +79,362 +9%
DekaBank Deutsche Girozentrale
25
DekaBank Deutsche Girozentrale
Germany
$105M -$549K -5,021 -0.5%

GIB Hedge Fund Activity: Q3 2024 in Review

338 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q3 2024, worth a combined $13.6B — up 14% from $11.9B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new GIB positions and 24 closed out — a net gain of 15 holders — while 131 added to existing stakes and 120 trimmed.

The largest buyer was Beutel, Goodman & Co, adding an estimated $124M. The largest seller was Fidelity Investments, cutting an estimated $250M.

  • 338 institutional investors held CGI (GIB) as of Q3 2024, up from 327 in Q2 2024.
  • Funds reported $13.6B of CGI stock for Q3 2024, up 14% quarter-over-quarter.
  • 39 funds opened new CGI positions in Q3 2024 and 24 closed out, a net change of +15 holders.
  • The largest CGI buyer in Q3 2024 was Beutel, Goodman & Co, an estimated $124M added.
  • The largest CGI seller in Q3 2024 was Fidelity Investments, an estimated $250M sold.

Based on aggregated 13F filings for Q3 2024.