Global Industrial
102 hedge funds and large institutions have $295M invested in Global Industrial in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 10 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 35
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% more funds holding
Funds holding: 101 → 102 (+1)
0.3% more ownership
Funds ownership: 27.53% → 27.83% (+0.3%)
13% less capital invested
Capital invested by funds: $339M → $295M (-$44.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.83M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.04M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.73M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$5.95M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.88M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$2.81M |
| 4 |
GCM
GoodHaven Capital Management
Millburn,
New Jersey
|
-$2.15M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
BIM
102
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$2.04M | -61,422 | Closed |
|
103
Ameriprise
Minneapolis,
Minnesota
| – | -$1.72M | -51,817 | Closed |
|
|
PCM
104
Perritt Capital Management
Chicago,
Illinois
| – | -$832K | -25,000 | Closed |
|
105
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$435K | -13,080 | Closed |
|
|
GCP
106
GSA Capital Partners
London,
United Kingdom
| – | -$395K | -11,887 | Closed |
|
|
II
107
Ibex Investors
Denver,
Colorado
| – | -$264K | -7,837 | Closed |
|
108
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$219K | -6,572 | Closed |
|
109
Walleye Trading
New York
| – | -$121 | -3,634 | Closed |
|
|
DCM
110
Delpha Capital Management
New York
| – | -$11K | -340 | Closed |
|
|
FMA
111
FNY Managed Accounts
New York
| – | -$3K | -100 | Closed |
|
GIC Hedge Fund Activity: Q1 2018 in Review
102 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Global Industrial (GIC) for Q1 2018, worth a combined $295M — down 13% from $339M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GIC positions and 10 closed out — a net gain of 1 holder — while 40 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $4.3M. The largest seller was Luther King Capital Management (LKCM), cutting an estimated $5.95M.
- 102 institutional investors held Global Industrial (GIC) as of Q1 2018, up from 101 in Q4 2017.
- Funds reported $295M of Global Industrial stock for Q1 2018, down 13% quarter-over-quarter.
- 11 funds opened new Global Industrial positions in Q1 2018 and 10 closed out, a net change of +1 holder.
- The largest Global Industrial buyer in Q1 2018 was BlackRock, an estimated $4.3M added.
- The largest Global Industrial seller in Q1 2018 was Luther King Capital Management (LKCM), an estimated $5.95M sold.
Based on aggregated 13F filings for Q1 2018.