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.
76% more call options, than puts
Call options by funds: $5.46M | Put options by funds: $3.11M
9% less funds holding
Funds holding: 429 → 390 (-39)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$22.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$16.6M |
| 3 |
DVI
Deccan Value Investors
Greenwich,
Connecticut
|
+$14.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$8.35M |
| 5 |
NM
Newtyn Management
New York
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$66.7M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$17.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$9.14M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.09M |
| 5 |
Renaissance Technologies
New York
|
-$4.26M |
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.