Globant
GLOB
98 hedge funds and large institutions have $597M invested in Globant in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 24 reducing their positions, and 14 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 24
2.59% more ownership
Funds ownership: 54.29% → 56.88% (+2.6%)
1% more funds holding
Funds holding: 97 → 98 (+1)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
14% less capital invested
Capital invested by funds: $692M → $597M (-$95.5M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.6M |
| 2 |
JP Morgan Chase
New York
|
+$15.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$5.73M |
| 4 |
SR
Sloane Robinson
London,
United Kingdom
|
+$3.92M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Riverwood Capital Management
Menlo Park,
California
|
-$24.7M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.58M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$4.35M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.19M |
| 5 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$3.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
101
Timpani Capital Management
Milwaukee,
Wisconsin
| – | -$3.52M | -93,782 | Closed |
|
102
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1.22M | -32,500 | Closed |
|
|
SSWM
103
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$627K | -16,722 | Closed |
|
104
Two Sigma Advisers
New York
| – | -$578K | -15,400 | Closed |
|
105
Arrowstreet Capital
Boston,
Massachusetts
| – | -$358K | -9,548 | Closed |
|
106
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$246K | -6,553 | Closed |
|
107
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$205K | -5,457 | Closed |
|
108
BNP Paribas Financial Markets
Paris,
France
| – | -$110K | -2,936 | Closed |
|
|
QT
109
Quantbot Technologies
New York
| – | -$19K | -507 | Closed |
|
|
TRCT
110
Tower Research Capital (TRC)
New York
| – | -$18K | -467 | Closed |
|
111
Creative Planning
Overland Park,
Kansas
| – | -$4K | -100 | Closed |
|
|
HNB
112
Huntington National Bank
Columbus,
Ohio
| – | -$1K | -39 | Closed |
|
GLOB Hedge Fund Activity: Q1 2016 in Review
98 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Globant (GLOB) for Q1 2016, worth a combined $597M — down 14% from $692M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GLOB positions and 14 closed out — a net gain of 1 holder — while 47 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.6M. The largest seller was Riverwood Capital Management, exiting entirely with an estimated $24.7M sold.
- 98 institutional investors held Globant (GLOB) as of Q1 2016, up from 97 in Q4 2015.
- Funds reported $597M of Globant stock for Q1 2016, down 14% quarter-over-quarter.
- 15 funds opened new Globant positions in Q1 2016 and 14 closed out, a net change of +1 holder.
- The largest Globant buyer in Q1 2016 was Morgan Stanley, an estimated $19.6M added.
- The largest Globant seller in Q1 2016 was Riverwood Capital Management, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2016.