Globe Life
521 hedge funds and large institutions have $8.65B invested in Globe Life in 2023 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 167 increasing their positions, 180 reducing their positions, and 57 closing their positions.
78% more call options, than puts
Call options by funds: $5.14M | Put options by funds: $2.88M
7% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 57
0% less funds holding
Funds holding: 523 → 521 (-2)
0.68% less ownership
Funds ownership: 83.15% → 82.47% (-0.68%)
7% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 180
10% less capital invested
Capital invested by funds: $9.6B → $8.65B (-$942M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$89.7M |
| 2 |
JP Morgan Chase
New York
|
+$48.4M |
| 3 |
Pzena Investment Management
New York
|
+$24.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.8M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$75.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$59.9M |
| 3 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
-$56.4M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$22.4M |
| 5 |
State Street
Boston,
Massachusetts
|
-$21.4M |
GL Hedge Fund Activity: Q1 2023 in Review
521 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Globe Life (GL) for Q1 2023, worth a combined $8.65B — down 9.8% from $9.6B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GL positions and 57 closed out — a net gain of 4 holders — while 167 added to existing stakes and 180 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $89.7M. The largest seller was Wellington Management Group, cutting an estimated $75.3M.
- 521 institutional investors held Globe Life (GL) as of Q1 2023, down from 523 in Q4 2022.
- Funds reported $8.65B of Globe Life stock for Q1 2023, down 9.8% quarter-over-quarter.
- 61 funds opened new Globe Life positions in Q1 2023 and 57 closed out, a net change of +4 holders.
- The largest Globe Life buyer in Q1 2023 was Envestnet Asset Management, an estimated $89.7M added.
- The largest Globe Life seller in Q1 2023 was Wellington Management Group, an estimated $75.3M sold.
Based on aggregated 13F filings for Q1 2023.