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367 hedge funds and large institutions have $12.1B invested in CGI in 2025 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 129 increasing their positions, 148 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $4.59M

100% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 23

5% more funds holding

Funds holding: 349367 (+18)

1.58% more ownership

Funds ownership: 58.1%59.68% (+1.6%)

6% less capital invested

Capital invested by funds: $12.9B → $12.1B (-$798M)

13% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 148

40% less funds holding in top 10

Funds holding in top 10: 159 (-6)

Holders
367
Holders Change
+18
Holders Change %
+5.16%
% of All Funds
4.92%
Holding in Top 10
9
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-40%
% of All Funds
0.12%
New
46
Increased
129
Reduced
148
Closed
23
Calls
$14.7M
Puts
$4.59M
Net Calls
+$10.1M
Net Calls Change
-$1.41M
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
$1.63B
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$814M +$82M +747,918 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$802M +$10.3M +94,266 +1%
FDCDDQ
4
Federation des caisses Desjardins du Quebec
Quebec, Canada
$492M +$99.5M +907,876 +23%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$475M +$4.56M +41,631 +0.9%
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$438M +$9.81M +89,458 +2%
JFL
7
Jarislowsky, Fraser Ltd
Quebec, Canada
$426M -$8.47M -77,230 -2%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$398M +$15.4M +140,753 +4%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$361M -$34.2M -312,271 -8%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$353M +$59.5M +542,784 +18%
Fidelity International
11
Fidelity International
Bermuda
$319M -$43.9M -400,159 -11%
National Bank of Canada
12
National Bank of Canada
Quebec, Canada
$310M +$7.59M +69,244 +2%
BGC
13
Beutel, Goodman & Co
Ontario, Canada
$305M -$40.2M -366,800 -11%
Norges Bank
14
Norges Bank
Norway
$261M -$1.47M -13,440 -0.5%
TD Asset Management
15
TD Asset Management
Ontario, Canada
$233M -$5.39M -49,178 -2%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$202M +$14.7M +133,750 +7%
CIBC World Market
17
CIBC World Market
Ontario, Canada
$190M -$8.31M -75,771 -4%
Invesco
18
Invesco
Georgia
$168M -$37.2M -339,325 -17%
GLF
19
Groupe la Francaise
France
$158M +$5.26M +48,000 +3%
Morgan Stanley
20
Morgan Stanley
New York
$144M +$70.4M +642,256 +80%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$143M +$15.6M +142,703 +11%
Legal & General Group
22
Legal & General Group
United Kingdom
$129M -$8.32M -75,914 -6%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$124M -$8.48M -77,310 -6%
1832 Asset Management
24
1832 Asset Management
Ontario, Canada
$107M -$38.5M -351,046 -25%
HSBC Holdings
25
HSBC Holdings
United Kingdom
$103M -$456K -4,161 -0.4%

GIB Hedge Fund Activity: Q1 2025 in Review

367 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q1 2025, worth a combined $12.1B — down 6.2% from $12.9B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new GIB positions and 23 closed out — a net gain of 23 holders — while 129 added to existing stakes and 148 trimmed.

The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $99.5M. The largest seller was British Columbia Investment Management, cutting an estimated $54.8M.

  • 367 institutional investors held CGI (GIB) as of Q1 2025, up from 349 in Q4 2024.
  • Funds reported $12.1B of CGI stock for Q1 2025, down 6.2% quarter-over-quarter.
  • 46 funds opened new CGI positions in Q1 2025 and 23 closed out, a net change of +23 holders.
  • The largest CGI buyer in Q1 2025 was Federation des caisses Desjardins du Quebec, an estimated $99.5M added.
  • The largest CGI seller in Q1 2025 was British Columbia Investment Management, an estimated $54.8M sold.

Based on aggregated 13F filings for Q1 2025.