CGI
350 hedge funds and large institutions have $12.9B invested in CGI in 2024 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 117 increasing their positions, 127 reducing their positions, and 25 closing their positions.
360% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $3.19M
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
3% more funds holding
Funds holding: 339 → 350 (+11)
0.27% more ownership
Funds ownership: 57.83% → 58.1% (+0.27%)
5% less capital invested
Capital invested by funds: $13.6B → $12.9B (-$642M)
8% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
+$97M |
| 2 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$87.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$76.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$63.8M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$165M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$160M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$58M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$43M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$41.3M |
GIB Hedge Fund Activity: Q4 2024 in Review
350 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q4 2024, worth a combined $12.9B — down 4.7% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new GIB positions and 25 closed out — a net gain of 17 holders — while 117 added to existing stakes and 127 trimmed.
The largest buyer was Canoe Financial, opening a new position worth an estimated $97M. The largest seller was National Bank of Canada, cutting an estimated $165M.
- 350 institutional investors held CGI (GIB) as of Q4 2024, up from 339 in Q3 2024.
- Funds reported $12.9B of CGI stock for Q4 2024, down 4.7% quarter-over-quarter.
- 42 funds opened new CGI positions in Q4 2024 and 25 closed out, a net change of +17 holders.
- The largest CGI buyer in Q4 2024 was Canoe Financial, an estimated $97M added.
- The largest CGI seller in Q4 2024 was National Bank of Canada, an estimated $165M sold.
Based on aggregated 13F filings for Q4 2024.