Global Industrial
90 hedge funds and large institutions have $193M invested in Global Industrial in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 15 closing their positions.
25% more call options, than puts
Call options by funds: $10K | Put options by funds: $8K
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.7% less ownership
Funds ownership: 29.51% → 28.8% (-0.7%)
5% less funds holding
Funds holding: 95 → 90 (-5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
31% less capital invested
Capital invested by funds: $279M → $193M (-$85.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.11M |
| 2 |
Renaissance Technologies
New York
|
+$1.41M |
| 3 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$1.18M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.17M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$3.1M |
| 2 |
Morgan Stanley
New York
|
-$2.17M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.43M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.26M |
| 5 |
Jane Street
New York
|
-$1.25M |
GIC Hedge Fund Activity: Q1 2020 in Review
90 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Global Industrial (GIC) for Q1 2020, worth a combined $193M — down 31% from $279M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of GIC and 11 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 34 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $3.11M. The largest seller was Venator Capital Management, exiting entirely with an estimated $3.1M sold.
- 90 institutional investors held Global Industrial (GIC) as of Q1 2020, down from 95 in Q4 2019.
- Funds reported $193M of Global Industrial stock for Q1 2020, down 31% quarter-over-quarter.
- 11 funds opened new Global Industrial positions in Q1 2020 and 15 closed out, a net change of -4 holders.
- The largest Global Industrial buyer in Q1 2020 was Assenagon Asset Management, an estimated $3.11M added.
- The largest Global Industrial seller in Q1 2020 was Venator Capital Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2020.