Vault-13

GRUPO FINANCIERO GALICIA S.A GGAL

SPONSORED ADR · ADR · CUSIP 399909100 · ISIN US3999091008

Argentine banking group

61 institutional holders +6 vs Q1 2023
11,460,04511.5m shares reported held*
$197.1mreported value*
15 new 18 added 23 reduced 9 sold out net sold ≈ $26.9m (-1.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.19. Options: 13 managers hold calls ($38.6m notional), 10 hold puts ($16.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 57Q4 22: 54Q1 23: 55Q2 23: 6161Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202257
Q4 202254
Q1 202355
Q2 202361

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 29 bought or addedQ4 22: 31 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 23 cut or sold outQ1 23Q2 23: 33 bought or addedQ2 23: 32 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222931
Q1 20233523
Q2 20233332

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $8.2mQ3 22 puts: $4.9mQ3 22P/C 0.60Q4 22 calls: $11.3mQ4 22 puts: $6.8mQ4 22P/C 0.60Q1 23 calls: $16.6mQ1 23 puts: $8.9mQ1 23P/C 0.53Q2 23 calls: $38.6mQ2 23 puts: $16.1mQ2 23P/C 0.42
Numbers
QuarterCallsPutsP/C
Q3 2022$8.2m$4.9m0.60
Q4 2022$11.3m$6.8m0.60
Q1 2023$16.6m$8.9m0.53
Q2 2023$38.6m$16.1m0.42

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +506,003+506.0k
JANE STREET GROUP, LLC Added +198,922+198.9k
PICTET ASSET MANAGEMENT SA New +196,543+196.5k
CITADEL ADVISORS LLC Added +167,113+167.1k
Mirae Asset Global Investments Co., Ltd. Added +156,789+156.8k
D. E. Shaw & Co., Inc. Added +133,265+133.3k
Assenagon Asset Management S.A. Added +130,580+130.6k
GOLDMAN SACHS GROUP INC Added +116,816+116.8k
RWC Asset Management LLP Added +75,580+75.6k
WOLVERINE TRADING, LLC Added +44,421+44.4k

Biggest sellers

DISCOVERY CAPITAL MANAGEMENT, LLC / CT Reduced -1,277,218-1.3m
INCA Investments LLC Reduced -563,358-563.4k
Driehaus Capital Management LLC Reduced -427,451-427.5k
Long Focus Capital Management, LLC Reduced -274,238-274.2k
GROUP ONE TRADING LLC Reduced -217,940-217.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -138,234-138.2k
HSBC HOLDINGS PLC Reduced -112,478-112.5k
WELLINGTON MANAGEMENT GROUP LLP Sold out -74,520-74.5k
Quadrature Capital Ltd Reduced -63,910-63.9k
Trium Capital LLP Reduced -55,836-55.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.5m671.0k shares
GROUP ONE TRADING LLC Added $7.7m448.2k shares
PEAK6 Investments LLC Reduced $7.4m428.6k shares
SIMPLEX TRADING, LLC Reduced $5.5m318.6k shares
CITADEL ADVISORS LLC Reduced $2.9m168.5k shares
Walleye Trading LLC Reduced $1.2m72.1k shares
JANE STREET GROUP, LLC Added $1.2m67.3k shares
WOLVERINE TRADING, LLC Added $729.3k42.3k shares
Belvedere Trading LLC Added $230.5k13.4k shares
Cubist Systematic Strategies, LLC Reduced $177.2k10.3k shares

Biggest puts

PEAK6 Investments LLC Reduced $5.8m338.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.5m203.7k shares
GROUP ONE TRADING LLC Added $2.8m161.6k shares
CITADEL ADVISORS LLC Reduced $2.2m127.4k shares
SIMPLEX TRADING, LLC Reduced $679.0k39.5k shares
JANE STREET GROUP, LLC Added $479.9k27.9k shares
WOLVERINE TRADING, LLC Added $436.2k25.3k shares
Belvedere Trading LLC New $172.0k10.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $0100 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 INCA Investments LLC 15.91% of their portfolio MIAMI, FL 2,645,3582.6m $45.5m $45.5m 15.91% Reduced -563.4k -563,358
2 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 1,000,4261.0m $17.2m $17.2m 0.02% Reduced -53.8k -53,792
3 Driehaus Capital Management LLC 0.20% of their portfolio Chicago, IL 903,610903.6k $15.5m $15.5m 0.20% Reduced -427.5k -427,451
4 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 690,467690.5k $11.9m $11.9m 0.01% Added +167.1k +167,113
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 667,769667.8k $11.5m $11.5m 0.02% Added +506.0k +506,003
6 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 636,073636.1k $10.9m $10.9m 0.02% Added +133.3k +133,265
7 BlackRock Inc. 0.00% of their portfolio New York, NY 493,036493.0k $8.5m $8.5m 0.00% Unchanged
8 Itau Unibanco Holding S.A. 0.35% of their portfolio SAO PAULO, D5 438,774438.8k $7.5m $7.5m 0.35% Unchanged
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 395,293395.3k $6.8m $6.8m 0.00% Reduced -15.7k -15,718
10 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 343,694343.7k $5.9m $5.9m 0.01% Added +156.8k +156,789
11 Autonomy Capital (Jersey) L.P. 4.71% of their portfolio ST. HELIER, Y9 300,028300.0k $5.2m $5.2m 4.71% Reduced -40.0k -40,000
12 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 290,047290.0k $5.0m $5.0m 0.01% Added +198.9k +198,922
13 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 252,552252.6k $4.3m $4.3m 0.00% Reduced -112.5k -112,478
14 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 240,532240.5k $4.1m $4.1m 0.00% Reduced -17.0k -17,011
15 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 196,543196.5k $3.4m $3.4m 0.00% New
16 RWC Asset Management LLP 0.15% of their portfolio LONDON, X0 185,826185.8k $3.2m $3.2m 0.15% Added +75.6k +75,580
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 169,537169.5k $2.9m $2.9m 0.00% Added +116.8k +116,816
18 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 143,418143.4k $2.5m $2.5m 0.01% Added +130.6k +130,580
19 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 137,302137.3k $2.4m $2.4m 0.01% Added +864 +864
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 129,529129.5k $2.2m $2.2m 0.00% Added +14.7k +14,655
21 GROUP ONE TRADING LLC 0.10% of their portfolio CHICAGO, IL 129,344129.3k $2.2m $2.2m 0.10% Reduced -217.9k -217,940
22 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 117,254117.3k $2.0m $2.0m 0.02% Reduced -25.9k -25,865
23 CHESAPEAKE ASSET MANAGEMENT LLC 1.49% of their portfolio NEW YORK, NY 95,68095.7k $1.6m $1.6m 1.49% Added +32.1k +32,100
24 Jump Financial, LLC 0.06% of their portfolio Chicago, IL 93,10293.1k $1.6m $1.6m 0.06% Added +602 +602
25 WOLVERINE TRADING, LLC 0.02% of their portfolio CHICAGO, IL 89,83889.8k $1.5m $1.5m 0.02% Added +44.4k +44,421
26 Long Focus Capital Management, LLC 0.19% of their portfolio SAN JUAN, PR 74,00074.0k $1.3m $1.3m 0.19% Reduced -274.2k -274,238
27 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 71,61771.6k $1.2m $1.2m 0.01% Reduced -12.7k -12,680
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 62,83462.8k $1.1m $1.1m 0.00% Reduced -21.1k -21,073
29 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.10% of their portfolio SOUTH NORWALK, CT 49,45849.5k $850.7k $850.7k 0.10% Reduced -1.3m -1,277,218
30 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 37,44137.4k $644.0k $644.0k 0.00% Added +21.5k +21,469
31 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 30,91430.9k $531.7k $531.7k 0.00% Added +1.6k +1,626
32 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 30,33530.3k $522.0k $522.0k 0.00% New
33 Praetorian PR LLC 0.26% of their portfolio RINCON, PR 25,00025.0k $430.0k $430.0k 0.26% New
34 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 24,58624.6k $422.9k $422.9k 0.02% New
35 INSIGNEO ADVISORY SERVICES, LLC 0.08% of their portfolio MIAMI, FL 23,59623.6k $405.9k $405.9k 0.08% New
36 Pekin Hardy Strauss, Inc. 0.06% of their portfolio CHICAGO, IL 23,26023.3k $400.1k $400.1k 0.06% New
37 WINTON GROUP Ltd 0.03% of their portfolio LONDON, X0 21,42621.4k $368.5k $368.5k 0.03% Reduced -3.5k -3,531
38 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 19,16619.2k $330.0k $330.0k 0.00% Reduced -138.2k -138,234
39 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 19,04319.0k $327.5k $327.5k 0.01% Reduced -26.2k -26,243
40 Bayesian Capital Management, LP 0.03% of their portfolio Brooklyn, NY 18,80018.8k $323.4k $323.4k 0.03% New
41 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 18,68418.7k $321.4k $321.4k 0.02% Added +7.1k +7,088
42 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 17,45617.5k $300.1k $300.1k 0.01% Reduced -63.9k -63,910
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 17,44717.4k $300.1k $300.1k 0.00% Reduced -23.1k -23,080
44 FOX RUN MANAGEMENT, L.L.C. 0.08% of their portfolio GREENWICH, CT 16,99017.0k $292.2k $292.2k 0.08% New
45 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 15,44415.4k $260.0k $260.0k 0.00% Reduced -3.7k -3,742
46 Stelac Advisory Services LLC 0.09% of their portfolio NEW YORK, NY 12,20012.2k $209.8k $209.8k 0.09% Unchanged
47 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 8,7898.8k $151.2k $151.2k 0.00% Reduced -3.5k -3,497
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,6868.7k $149.4k $149.4k 0.00% Reduced -692 -692
49 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 8,4658.5k $145.6k $145.6k 0.00% Added +2.3k +2,307
50 Turim 21 Investimentos Ltda. 0.07% of their portfolio RIO DE JANEIRO, D5 7,6897.7k $132.3k $132.3k 0.07% New
51 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,0004.0k $68.8k $68.8k 0.00% New
52 EARNEST PARTNERS LLC 0.00% of their portfolio ATLANTA, GA 3,0073.0k $51.7k $51.7k 0.00% Unchanged
53 Belvedere Trading LLC 0.01% of their portfolio CHICAGO, IL 1,5371.5k $26.4k $26.4k 0.01% New
54 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,3621.4k $23.4k $23.4k 0.00% Reduced -218 -218
55 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 626626 $7.1k $7.1k 0.00% Added +17 +17
56 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 450450 $7.7k $7.7k 0.00% New
57 Trium Capital LLP 0.00% of their portfolio LONDON, X0 360360 $6.0k $6.0k 0.00% Reduced -55.8k -55,836
58 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 325325 $5.6k $5.6k 0.00% New
59 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 1919 $0 $0 0.00% New
60 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $17 $17 0.00% New
61 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged