Globant
GLOB
97 hedge funds and large institutions have $911M invested in Globant in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
8% more funds holding
Funds holding: 90 → 97 (+7)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.43% less ownership
Funds ownership: 66.66% → 65.22% (-1.4%)
9% less capital invested
Capital invested by funds: $1B → $911M (-$93.5M)
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
88% less call options, than puts
Call options by funds: $1.59M | Put options by funds: $13.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$26M |
| 2 |
Morgan Stanley
New York
|
+$18.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.69M |
| 4 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$5.31M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$17.5M |
| 2 |
JP Morgan Chase
New York
|
-$11.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$8.99M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.45M |
| 5 |
CCM
Crestwood Capital Management
New York
|
-$6.57M |
GLOB Hedge Fund Activity: Q3 2017 in Review
97 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Globant (GLOB) for Q3 2017, worth a combined $911M — down 9.3% from $1B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new GLOB positions and 20 closed out — a net gain of 9 holders — while 27 added to existing stakes and 33 trimmed.
The largest buyer was Riverbridge Partners, adding an estimated $26M. The largest seller was Wasatch Advisors, cutting an estimated $17.5M.
- 97 institutional investors held Globant (GLOB) as of Q3 2017, up from 90 in Q2 2017.
- Funds reported $911M of Globant stock for Q3 2017, down 9.3% quarter-over-quarter.
- 29 funds opened new Globant positions in Q3 2017 and 20 closed out, a net change of +9 holders.
- The largest Globant buyer in Q3 2017 was Riverbridge Partners, an estimated $26M added.
- The largest Globant seller in Q3 2017 was Wasatch Advisors, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2017.