Gildan
245 hedge funds and large institutions have $4.26B invested in Gildan in 2019 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 81 increasing their positions, 101 reducing their positions, and 66 closing their positions.
1.78% more ownership
Funds ownership: 68.58% → 70.36% (+1.8%)
12% less funds holding
Funds holding: 277 → 245 (-32)
14% less capital invested
Capital invested by funds: $4.96B → $4.26B (-$706M)
20% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 101
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
38% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 66
44% less call options, than puts
Call options by funds: $4M | Put options by funds: $7.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$142M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$138M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$116M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$84.9M |
| 5 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$46.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$158M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$107M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$40.4M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$38.6M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
-$33.8M |
GIL Hedge Fund Activity: Q4 2019 in Review
245 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Gildan (GIL) for Q4 2019, worth a combined $4.26B — down 14% from $4.96B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of GIL and 41 opened new positions — a net loss of 25 holders — while 101 trimmed existing stakes and 81 added.
The largest buyer was Pzena Investment Management, adding an estimated $142M. The largest seller was Causeway Capital Management, cutting an estimated $158M.
- 245 institutional investors held Gildan (GIL) as of Q4 2019, down from 277 in Q3 2019.
- Funds reported $4.26B of Gildan stock for Q4 2019, down 14% quarter-over-quarter.
- 41 funds opened new Gildan positions in Q4 2019 and 66 closed out, a net change of -25 holders.
- The largest Gildan buyer in Q4 2019 was Pzena Investment Management, an estimated $142M added.
- The largest Gildan seller in Q4 2019 was Causeway Capital Management, an estimated $158M sold.
Based on aggregated 13F filings for Q4 2019.