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Garrett Motion

390 hedge funds and large institutions have $624M invested in Garrett Motion in 2019 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 67 increasing their positions, 173 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more call options, than puts

Call options by funds: $5.46M | Put options by funds: $3.11M

9% less funds holding

Funds holding: 429390 (-39)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

37% less capital invested

Capital invested by funds: $988M → $624M (-$364M)

50% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 70

61% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 173

Holders
390
Holders Change
-39
Holders Change %
-9.09%
% of All Funds
8.55%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
35
Increased
67
Reduced
173
Closed
70
Calls
$5.46M
Puts
$3.11M
Net Calls
+$2.35M
Net Calls Change
+$3.94M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$4.12M -$3.95M -321,540 -44%
Ameriprise
27
Ameriprise
Minnesota
$4M -$247K -20,096 -5%
AAMU
28
Amundi Asset Management US
Massachusetts
$2.99M +$3.63M +295,230 +6,189%
Barclays
29
Barclays
United Kingdom
$2.83M -$183K -14,905 -5%
TAM
30
Tocqueville Asset Management
New York
$2.82M -$55K -4,477 -2%
Hudson Bay Capital Management
31
Hudson Bay Capital Management
Connecticut
$2.68M +$3.31M +269,436 New
PPA
32
Parametric Portfolio Associates
Washington
$2.65M -$777K -63,216 -19%
Fidelity Investments
33
Fidelity Investments
Massachusetts
$2.59M -$26.8K -2,181 -0.8%
HA
34
H2O AM
United Kingdom
$2.49M +$3.07M +250,000 New
Northern Trust
35
Northern Trust
Illinois
$2.43M -$1.8M -146,362 -37%
Invesco
36
Invesco
Georgia
$2.43M -$904K -73,573 -23%
Renaissance Technologies
37
Renaissance Technologies
New York
$2.3M -$4.26M -347,051 -60%
Bank of America
38
Bank of America
North Carolina
$2.24M -$500K -40,666 -15%
GF
39
Gabelli Funds
New York
$2.2M -$64K -5,211 -2%
Legal & General Group
40
Legal & General Group
United Kingdom
$2.08M -$209K -16,997 -8%
SO
41
STRS Ohio
Ohio
$2M +$25 +2 +0%
Public Sector Pension Investment Board (PSP Investments)
42
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.9M +$320K +26,036 +16%
First Trust Advisors
43
First Trust Advisors
Illinois
$1.79M -$548K -44,568 -20%
Prudential Financial
44
Prudential Financial
New Jersey
$1.48M +$337K +27,450 +23%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$1.41M +$286K +23,273 +20%
Swiss National Bank
46
Swiss National Bank
Switzerland
$1.4M +$29.5K +2,400 +2%
New York State Teachers Retirement System (NYSTRS)
47
New York State Teachers Retirement System (NYSTRS)
New York
$1.36M
JP Morgan Chase
48
JP Morgan Chase
New York
$1.32M +$586K +47,662 +56%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$1.22M +$67.9K +5,528 +5%
AII
50
AGF Investments Inc
Ontario, Canada
$1.21M -$122K -9,954 -8%

GTX Hedge Fund Activity: Q3 2019 in Review

390 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Garrett Motion (GTX) for Q3 2019, worth a combined $624M — down 37% from $988M a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of GTX and 35 opened new positions — a net loss of 35 holders — while 173 trimmed existing stakes and 67 added.

The largest buyer was Dynamo Internacional Gestao de Recursos, adding an estimated $22.5M. The largest seller was Capital World Investors, exiting entirely with an estimated $66.7M sold.

  • 390 institutional investors held Garrett Motion (GTX) as of Q3 2019, down from 429 in Q2 2019.
  • Funds reported $624M of Garrett Motion stock for Q3 2019, down 37% quarter-over-quarter.
  • 35 funds opened new Garrett Motion positions in Q3 2019 and 70 closed out, a net change of -35 holders.
  • The largest Garrett Motion buyer in Q3 2019 was Dynamo Internacional Gestao de Recursos, an estimated $22.5M added.
  • The largest Garrett Motion seller in Q3 2019 was Capital World Investors, an estimated $66.7M sold.

Based on aggregated 13F filings for Q3 2019.