Garrett Motion
265 hedge funds and large institutions have $1.68B invested in Garrett Motion in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 75 increasing their positions, 59 reducing their positions, and 38 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
31% more call options, than puts
Call options by funds: $8.19M | Put options by funds: $6.25M
27% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 59
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
2% more funds holding
Funds holding: 259 → 265 (+6)
2% less capital invested
Capital invested by funds: $1.72B → $1.68B (-$35.9M)
2.99% less ownership
Funds ownership: 85.6% → 82.61% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$16.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.2M |
| 3 |
BlackRock
New York
|
+$12.5M |
| 4 |
6CM
683 Capital Management
New York
|
+$10.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$155M |
| 2 |
CCP
Cyrus Capital Partners
New York
|
-$26.8M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$13.2M |
| 4 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$4.01M |
| 5 |
KCP
Keyframe Capital Partners
New York
|
-$3.96M |
GTX Hedge Fund Activity: Q3 2023 in Review
265 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Garrett Motion (GTX) for Q3 2023, worth a combined $1.68B — down 2.1% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new GTX positions and 38 closed out — a net gain of 9 holders — while 75 added to existing stakes and 59 trimmed.
The largest buyer was GMT Capital, opening a new position worth an estimated $16.5M. The largest seller was Baupost Group, cutting an estimated $155M.
- 265 institutional investors held Garrett Motion (GTX) as of Q3 2023, up from 259 in Q2 2023.
- Funds reported $1.68B of Garrett Motion stock for Q3 2023, down 2.1% quarter-over-quarter.
- 47 funds opened new Garrett Motion positions in Q3 2023 and 38 closed out, a net change of +9 holders.
- The largest Garrett Motion buyer in Q3 2023 was GMT Capital, an estimated $16.5M added.
- The largest Garrett Motion seller in Q3 2023 was Baupost Group, an estimated $155M sold.
Based on aggregated 13F filings for Q3 2023.