Globant
GLOB
90 hedge funds and large institutions have $1B invested in Globant in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 22 reducing their positions, and 36 closing their positions.
305% more call options, than puts
Call options by funds: $9.57M | Put options by funds: $2.36M
73% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 22
23% more capital invested
Capital invested by funds: $816M → $1B (+$188M)
1.84% more ownership
Funds ownership: 64.81% → 66.66% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less funds holding
Funds holding: 108 → 90 (-18)
44% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$38.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.4M |
| 3 |
JP Morgan Chase
New York
|
+$11.5M |
| 4 |
Morgan Stanley
New York
|
+$11.5M |
| 5 |
Millennium Management
New York
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$57.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$15.7M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$7.58M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.97M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.06M |
GLOB Hedge Fund Activity: Q2 2017 in Review
90 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Globant (GLOB) for Q2 2017, worth a combined $1B — up 23% from $816M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GLOB and 20 opened new positions — a net loss of 16 holders — while 22 trimmed existing stakes and 38 added.
The largest buyer was Riverbridge Partners, opening a new position worth an estimated $38.4M. The largest seller was BlackRock, cutting an estimated $57.4M.
- 90 institutional investors held Globant (GLOB) as of Q2 2017, down from 108 in Q1 2017.
- Funds reported $1B of Globant stock for Q2 2017, up 23% quarter-over-quarter.
- 20 funds opened new Globant positions in Q2 2017 and 36 closed out, a net change of -16 holders.
- The largest Globant buyer in Q2 2017 was Riverbridge Partners, an estimated $38.4M added.
- The largest Globant seller in Q2 2017 was BlackRock, an estimated $57.4M sold.
Based on aggregated 13F filings for Q2 2017.