GRUPO FINANCIERO GALICIA S.A GGAL
SPONSORED ADR · ADR · CUSIP 399909100 · ISIN US3999091008
Argentine banking group
* 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 ($924.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.00. Options: 13 managers hold calls ($157.8m notional), 11 hold puts ($136.5m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 57 |
| Q4 2022 | 54 |
| Q1 2023 | 55 |
| Q2 2023 | 61 |
| Q3 2023 | 71 |
| Q4 2023 | 70 |
| Q1 2024 | 79 |
| Q2 2024 | 117 |
| Q3 2024 | 136 |
| Q4 2024 | 181 |
| Q1 2025 | 169 |
| Q2 2025 | 182 |
| Q3 2025 | 130 |
| Q4 2025 | 124 |
| Q1 2026 | 133 |
| Q2 2026 | 141 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 76 | 62 |
| Q4 2024 | 101 | 66 |
| Q1 2025 | 96 | 93 |
| Q2 2025 | 107 | 78 |
| Q3 2025 | 69 | 123 |
| Q4 2025 | 66 | 84 |
| Q1 2026 | 76 | 57 |
| Q2 2026 | 73 | 76 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $189.7m | $122.3m | 0.64 |
| Q4 2025 | $213.3m | $198.8m | 0.93 |
| Q1 2026 | $125.0m | $131.8m | 1.05 |
| Q2 2026 | $157.8m | $136.5m | 0.87 |
Biggest buyers
| Carrhae Capital LLP | New | +1.4m |
| Aquamarine Financial (Cayman) Ltd | Added | +1.2m |
| Sagil Capital LLP | Added | +426.7k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Added | +423.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +355.0k |
| Fourth Sail Capital LP | New | +319.2k |
| PING CAPITAL MANAGEMENT, INC. | Added | +311.9k |
| CITADEL ADVISORS LLC | Added | +255.9k |
| Lancaster Investment Management | New | +210.1k |
| Fundamenta Capital S.A. | New | +182.3k |
Biggest sellers
| MORGAN STANLEY | Reduced | -520.7k |
| Gemsstock Ltd. | Sold out | -473.4k |
| UBS Group AG | Reduced | -456.4k |
| TT International Asset Management LTD | Reduced | -411.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -314.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -314.6k |
| Itau Unibanco Holding S.A. | Reduced | -313.7k |
| Driehaus Capital Management LLC | Reduced | -207.1k |
| ALLIANCEBERNSTEIN L.P. | Sold out | -200.8k |
| CITIGROUP INC | Reduced | -184.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $43.3m865.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $42.4m847.7k shares |
| GROUP ONE TRADING LLC | Added | $19.2m384.0k shares |
| JANE STREET GROUP, LLC | Added | $16.8m335.7k shares |
| Caption Management, LLC | Unchanged | $12.3m245.0k shares |
| Walleye Trading LLC | Added | $8.5m169.3k shares |
| SIMPLEX TRADING, LLC | Added | $3.8m75.8k shares |
| PEAK6 LLC | Added | $3.3m65.2k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.6m51.9k shares |
| IMC-Chicago, LLC | Added | $2.4m48.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $37.4m748.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $36.8m734.9k shares |
| JANE STREET GROUP, LLC | Reduced | $22.5m450.0k shares |
| GROUP ONE TRADING LLC | Reduced | $11.8m235.5k shares |
| IMC-Chicago, LLC | Reduced | $8.7m174.4k shares |
| Walleye Trading LLC | Added | $7.3m146.3k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $4.9m97.1k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $3.8m75.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m32.3k shares |
| Point72 Asset Management, L.P. | Added | $1.3m25.8k 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 since 1 Apr 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 1 | — | 0 | — | — |
| Q3 2026 | 1 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-08 | Moret Silvestre Vila Director | Bought | —224.0k shares |
| 2026-07-07 | Moret Silvestre Vila Director | Bought | —176 shares |
| 2026-07-07 | Moret Silvestre Vila Director | Bought | —175.8k shares |
| 2026-07-01 | Moret Silvestre Vila Director | Bought | —100.0k shares |
| 2026-06-30 | Moret Silvestre Vila Director | Bought | —167.8k shares |
| 2026-06-29 | Moret Silvestre Vila Director | Bought | —10.0k shares |
| 2026-06-26 | Moret Silvestre Vila Director | Bought | —125.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Westwood Global Investments, LLC 9.80% of their portfolio | 5.6m $279.0m | Added +173.1k |
| Aquamarine Financial (Cayman) Ltd 9.71% of their portfolio | 3.5m $175.9m | Added +1.2m |
| MAK CAPITAL ONE LLC 10.41% of their portfolio | 1.5m $74.3m | Added +56.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.5m $72.7m | Reduced -314.9k |
| PointState Capital LP 1.23% of their portfolio | 1.4m $70.0m | Added +102.2k |
| Carrhae Capital LLP 4.48% of their portfolio | 1.4m $68.1m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio | 1.1m $55.9m | Added +56.7k |
| INCA Investments LLC 15.09% of their portfolio | 1.1m $53.3m | Added +125.4k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.91% of their portfolio | 917.9k $45.9m | Added +48.8k |
| MORGAN STANLEY 0.00% of their portfolio | 880.6k $44.1m | Reduced -520.7k |
| Driehaus Capital Management LLC 0.25% of their portfolio | 860.1k $43.0m | Reduced -207.1k |
| RWC Asset Management LLP 1.62% of their portfolio | 853.4k $42.7m | Added +105.6k |
| PING CAPITAL MANAGEMENT, INC. 13.52% of their portfolio | 832.4k $41.6m | Added +311.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 676.4k $33.8m | Added +355.0k |
| Sagil Capital LLP 16.10% of their portfolio | 658.6k $33.0m | Added +426.7k |
| Kora Management LP 3.90% of their portfolio | 657.3k $32.9m | Unchanged |
| Route One Investment Company, L.P. 1.20% of their portfolio | 579.4k $29.0m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 497.9k $24.9m | Added +255.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 472.9k $23.7m | Added +423.2k |
| Long Focus Capital Management, LLC 0.93% of their portfolio | 456.0k $22.8m | Reduced -50.0k |
| TT International Asset Management LTD 2.75% of their portfolio | 430.3k $21.5m | Reduced -411.5k |
| CITIGROUP INC 0.01% of their portfolio | 373.6k $18.7m | Reduced -184.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 330.9k $16.8m | Reduced -41.7k |
| Fourth Sail Capital LP 2.42% of their portfolio | 319.2k $16.0m | New |
| Moerus Capital Management LLC 5.50% of their portfolio | 246.5k $12.3m | Added +71.4k |
| UBS Group AG 0.00% of their portfolio | 245.9k $12.3m | Reduced -456.4k |
| Itau Unibanco Holding S.A. 0.23% of their portfolio | 236.7k $11.8m | Reduced -313.7k |
| Lancaster Investment Management 6.36% of their portfolio | 210.1k $10.5m | New |
| Fiera Capital Corp 0.04% of their portfolio | 193.9k $9.7m | Unchanged |
| USS Investment Management Ltd 0.04% of their portfolio | 189.5k $9.5m | Unchanged |
| Fundamenta Capital S.A. 5.29% of their portfolio | 182.3k $9.1m | New |
| Amundi 0.00% of their portfolio | 172.1k $8.6m | Added +22.4k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 165.2k $8.3m | Reduced -364 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 148.0k $7.5m | Reduced -24.7k |
| Aquatic Capital Management LLC 0.23% of their portfolio | 133.4k $6.7m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 132.6k $6.6m | Added +22.7k |
| NWI MANAGEMENT LP 0.32% of their portfolio | 99.3k $5.0m | Reduced -99.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 98.7k $4.9m | Reduced -129.7k |
| Brevan Howard Capital Management LP 0.06% of their portfolio | 88.7k $4.6m | Reduced -163.9k |
| SPX Gestao de Recursos Ltda 0.47% of their portfolio | 85.0k $4.3m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 83.7k $4.2m | Reduced -35.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 73.1k $3.7m | Added +64.2k |
| ABS Investment Management LLC 2.20% of their portfolio | 67.8k $3.4m | First filing |
| ABS Direct Equity Fund LLC 2.15% of their portfolio | 67.8k $3.4m | New |
| Verition Fund Management LLC 0.02% of their portfolio | 60.0k $3.0m | Reduced -159.2k |
| Duquesne Family Office LLC 0.07% of their portfolio | 59.5k $3.0m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 51.2k $2.6m | Added +336 |
| Alphadyne Asset Management LP 0.11% of their portfolio | 50.7k $2.5m | Added +626 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 49.0k $2.4m | Added +29.0k |
| CHESAPEAKE ASSET MANAGEMENT LLC 0.71% of their portfolio | 47.2k $926.1k | Added +1.6k |
| Systrade AG 1.41% of their portfolio | 45.0k $2.3m | Unchanged |
| Turim 21 Investimentos Ltda. 0.34% of their portfolio | 41.6k $2.1m | Unchanged |
| Caprock Group, LLC 0.04% of their portfolio | 41.1k $2.1m | Added +35 |
| Banco Santander, S.A. 0.01% of their portfolio | 41.0k $2.1m | Reduced -37.0k |
| Banco BTG Pactual S.A. 0.27% of their portfolio | 40.3k $2.0m | Added +35.1k |
| IMC-Chicago, LLC 0.02% of their portfolio | 33.6k $1.7m | Reduced -16.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 30.0k $1.5m | Added +10.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 29.4k $1.5m | Reduced -3.0k |
| Point Break Capital Management, LLC 1.47% of their portfolio | 26.9k $1.3m | New |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 26.7k $1.3m | Reduced -11 |
| DELTEC ASSET MANAGEMENT LLC 0.19% of their portfolio | 25.9k $1.3m | Unchanged |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.01% of their portfolio | 23.5k $1.2m | New |
| MIRABELLA FINANCIAL SERVICES LLP 0.11% of their portfolio | 23.1k $1.2m | New |
| BARCLAYS PLC 0.00% of their portfolio | 22.4k $1.1m | Added +9.6k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 21.1k $1.1m | New |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 20.1k $1.0m | New |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.01% of their portfolio | 18.9k $944.6k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 18.8k $940.5k | Added +5.8k |
| Jump Financial, LLC 0.01% of their portfolio | 18.4k $921.3k | New |
| CenterBook Partners LP 0.04% of their portfolio | 16.8k $839.2k | New |
| Activest Wealth Management 0.15% of their portfolio | 15.9k $795.6k | Reduced -14.7k |
| Invesco Ltd. 0.00% of their portfolio | 15.2k $761.0k | Reduced -3.9k |
| Steadtrust LLC 0.37% of their portfolio | 14.8k $740.6k | Reduced -400 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 14.5k $723.9k | Added +847 |
| ALTFEST L J & CO INC 0.07% of their portfolio | 13.6k $681.3k | New |
| Stelac Advisory Services LLC 0.11% of their portfolio | 12.2k $610.4k | Unchanged |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 12.0k $598.9k | Reduced -11.7k |
| INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio | 11.3k $567.1k | Reduced -7.2k |
| Jain Global LLC 0.01% of their portfolio | 10.7k $537.2k | New |
| Freestone Grove Partners LP 0.00% of their portfolio | 10.3k $514.3k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 10.2k $512.8k | Added +2.2k |
| Crocodile Capital Partners GmbH 0.34% of their portfolio | 10.0k $500.3k | Unchanged |
| Quantitative Investment Management, LLC 0.05% of their portfolio | 9.8k $490.0k | New |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 9.1k $455.9k | Reduced -49.9k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 8.9k $443.8k | Reduced -2.4k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 8.2k $412.0k | New |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 7.9k $394.7k | Added +802 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.8k $391.2k | Reduced -20.2k |
| J.Safra Asset Management Corp 0.02% of their portfolio | 7.6k $381.9k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 7.3k $367.2k | Reduced -33.6k |
| Nuveen, LLC 0.00% of their portfolio | 7.3k $367.0k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 7.3k $363.9k | New |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 7.1k $354.6k | Reduced -4.9k |
| GLENMEDE TRUST CO NA 0.00% of their portfolio | 6.3k $317.5k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 6.3k $314.9k | Reduced -608 |
| R Squared Ltd 0.17% of their portfolio | 6.3k $314.9k | New |
| NorthRock Partners, LLC 0.00% of their portfolio | 6.1k $303.5k | Reduced -20 |
| Squarepoint Ops LLC 0.00% of their portfolio | 5.7k $284.8k | New |
| Vident Advisory, LLC 0.00% of their portfolio | 5.6k $279.1k | New |
| Capital Asset Advisory Services LLC 0.01% of their portfolio | 5.3k $267.2k | New |