Global Industrial
130 hedge funds and large institutions have $565M invested in Global Industrial in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 49 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
20% more capital invested
Capital invested by funds: $470M → $565M (+$94.9M)
10% more funds holding
Funds holding: 118 → 130 (+12)
1.29% more ownership
Funds ownership: 31.74% → 33.03% (+1.3%)
13% less call options, than puts
Call options by funds: $242K | Put options by funds: $277K
16% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 49
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.31M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$3.64M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$41.6M |
| 2 |
Morgan Stanley
New York
|
-$8.57M |
| 3 |
Millennium Management
New York
|
-$5.15M |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$4.44M |
| 5 |
BlackRock
New York
|
-$2.11M |
GIC Hedge Fund Activity: Q1 2024 in Review
130 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global Industrial (GIC) for Q1 2024, worth a combined $565M — up 20% from $470M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GIC positions and 11 closed out — a net gain of 12 holders — while 41 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $53.4M. The largest seller was Prescott General Partners, exiting entirely with an estimated $41.6M sold.
- 130 institutional investors held Global Industrial (GIC) as of Q1 2024, up from 118 in Q4 2023.
- Funds reported $565M of Global Industrial stock for Q1 2024, up 20% quarter-over-quarter.
- 23 funds opened new Global Industrial positions in Q1 2024 and 11 closed out, a net change of +12 holders.
- The largest Global Industrial buyer in Q1 2024 was Fidelity Investments, an estimated $53.4M added.
- The largest Global Industrial seller in Q1 2024 was Prescott General Partners, an estimated $41.6M sold.
Based on aggregated 13F filings for Q1 2024.