Garrett Motion
353 hedge funds and large institutions have $175M invested in Garrett Motion in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 82 increasing their positions, 132 reducing their positions, and 91 closing their positions.
399% more call options, than puts
Call options by funds: $3.11M | Put options by funds: $624K
15% less funds holding
Funds holding: 416 → 353 (-63)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 132
63% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 91
71% less capital invested
Capital invested by funds: $598M → $175M (-$423M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
+$14.6M |
| 2 |
NM
Newtyn Management
New York
|
+$14.1M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$8.51M |
| 4 |
Morgan Stanley
New York
|
+$7.26M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$16M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$12M |
| 3 |
Millennium Management
New York
|
-$4.95M |
| 4 |
Goldman Sachs
New York
|
-$3.97M |
| 5 |
ICM
Intrepid Capital Management
Jacksonville Beach,
Florida
|
-$3.77M |
GTX Hedge Fund Activity: Q1 2020 in Review
353 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Garrett Motion (GTX) for Q1 2020, worth a combined $175M — down 71% from $598M a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of GTX and 34 opened new positions — a net loss of 57 holders — while 132 trimmed existing stakes and 82 added.
The largest buyer was Kingstown Capital Management, opening a new position worth an estimated $14.6M. The largest seller was Dynamo Internacional Gestao de Recursos, cutting an estimated $16M.
- 353 institutional investors held Garrett Motion (GTX) as of Q1 2020, down from 416 in Q4 2019.
- Funds reported $175M of Garrett Motion stock for Q1 2020, down 71% quarter-over-quarter.
- 34 funds opened new Garrett Motion positions in Q1 2020 and 91 closed out, a net change of -57 holders.
- The largest Garrett Motion buyer in Q1 2020 was Kingstown Capital Management, an estimated $14.6M added.
- The largest Garrett Motion seller in Q1 2020 was Dynamo Internacional Gestao de Recursos, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2020.