Who owns GGAL
Which tracked institutional funds hold GGAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GGAL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
45 tracked funds added or opened GGAL while 52 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
GGAL’s largest tracked holder by dollar value, Westwood Global Investments, LLC, sizes it at 9.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GGAL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 133 tracked filers holding GGAL, 69 increased or opened the position and 85 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in GGAL between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 18
- Carrhae Capital LLP$68M
- Fourth Sail Capital LP$16M
- Fundamenta Capital S.A.$9M
- Aquatic Capital Management LLC$7M
- SPX Gestao de Recursos Ltda$4M
- ABS Investment Management LLC$3M
Full exits 26
- Gemsstock Ltd.$22M
- RWC ASSET ADVISORS (US) LLC$16M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$15M
- ALLIANCEBERNSTEIN L.P.$11M
- Alpine Global Management, LLC$8M
- Absolute Gestao de Investimentos Ltda.$8M
Largest adds
- Aquamarine Financial (Cayman) Ltd$65M
- Westwood Global Investments, LLC$27M
- Sagil Capital LLP$22M
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC.$21M
- MILLENNIUM MANAGEMENT LLC$19M
- PING CAPITAL MANAGEMENT, INC.$17M
Largest trims
- MORGAN STANLEY$21M
- UBS Group AG$21M
- Itau Unibanco Holding S.A.$19M
- TT International Asset Management LTD$18M
- PRICE T ROWE ASSOCIATES INC /MD/$10M
- CITIGROUP INC$7M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Westwood Global Investments, LLC added | 5,576,146 | $279M | 18.3% | 2026-Q2 |
| Aquamarine Financial (Cayman) Ltd added | 3,515,564 | $176M | 11.5% | 2026-Q2 |
| MAK CAPITAL ONE LLC added | 1,485,875 | $74M | 4.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,452,595 | $73M | 4.8% | 2026-Q2 |
| PointState Capital LP added | 1,399,000 | $70M | 4.6% | 2026-Q2 |
| Carrhae Capital LLP added | 1,360,220 | $68M | 4.5% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 1,117,945 | $56M | 3.7% | 2026-Q2 |
| INCA Investments LLC added | 1,065,491 | $53M | 3.5% | 2026-Q2 |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT added | 917,929 | $46M | 3.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 880,638 | $44M | 2.9% | 2026-Q2 |
| Driehaus Capital Management LLC trimmed | 860,111 | $43M | 2.8% | 2026-Q2 |
| RWC Asset Management LLP added | 853,445 | $43M | 2.8% | 2026-Q2 |
| PING CAPITAL MANAGEMENT, INC. added | 832,400 | $42M | 2.7% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 676,400 | $34M | 2.2% | 2026-Q2 |
| Sagil Capital LLP added | 658,626 | $33M | 2.2% | 2026-Q2 |
| Kora Management LP | 657,333 | $33M | 2.2% | 2026-Q2 |
| Route One Investment Company, L.P. | 579,350 | $29M | 1.9% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 497,889 | $25M | 1.6% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 472,923 | $24M | 1.6% | 2026-Q2 |
| Long Focus Capital Management, LLC trimmed | 456,000 | $23M | 1.5% | 2026-Q2 |
| TT International Asset Management LTD trimmed | 430,323 | $22M | 1.4% | 2026-Q2 |
| CITIGROUP INC trimmed | 373,624 | $19M | 1.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 330,941 | $17M | 1.1% | 2026-Q2 |
| Fourth Sail Capital LP added | 319,247 | $16M | 1.0% | 2026-Q2 |
| Moerus Capital Management LLC added | 246,487 | $12M | 0.8% | 2026-Q2 |
| UBS Group AG trimmed | 245,915 | $12M | 0.8% | 2026-Q2 |
| Itau Unibanco Holding S.A. trimmed | 236,736 | $12M | 0.8% | 2026-Q2 |
| Fiera Capital Corp | 193,921 | $10M | 0.6% | 2026-Q2 |
| USS Investment Management Ltd | 189,544 | $9M | 0.6% | 2026-Q2 |
| Fundamenta Capital S.A. new | 182,260 | $9M | 0.6% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 165,208 | $8M | 0.5% | 2026-Q2 |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC trimmed | 149,289 | $7M | 0.5% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 147,966 | $8M | 0.5% | 2026-Q2 |
| Aquatic Capital Management LLC added | 133,353 | $7M | 0.4% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 132,584 | $7M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 98,742 | $5M | 0.3% | 2026-Q2 |
| Brevan Howard Capital Management LP trimmed | 88,712 | $5M | 0.3% | 2026-Q2 |
| SPX Gestao de Recursos Ltda added | 85,000 | $4M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 83,691 | $4M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 73,105 | $4M | 0.2% | 2026-Q2 |
| ABS Direct Equity Fund LLC added | 67,845 | $3M | 0.2% | 2026-Q2 |
| ABS Investment Management LLC new | 67,845 | $3M | 0.2% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 60,000 | $3M | 0.2% | 2026-Q2 |
| Duquesne Family Office LLC trimmed | 59,500 | $3M | 0.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 51,245 | $3M | 0.2% | 2026-Q2 |
| Alphadyne Asset Management LP added | 50,674 | $3M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 48,956 | $2M | 0.2% | 2026-Q2 |
| CHESAPEAKE ASSET MANAGEMENT LLC added | 47,165 | $926K | 0.1% | 2026-Q2 |
| Systrade AG | 45,000 | $2M | 0.1% | 2026-Q2 |
| Turim 21 Investimentos Ltda. | 41,586 | $2M | 0.1% | 2026-Q2 |
| Caprock Group, LLC added | 41,060 | $2M | 0.1% | 2026-Q2 |
| Banco Santander, S.A. trimmed | 41,035 | $2M | 0.1% | 2026-Q2 |
| Banco BTG Pactual S.A. added | 40,294 | $2M | 0.1% | 2026-Q2 |
| IMC-Chicago, LLC trimmed | 33,564 | $2M | 0.1% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 30,000 | $2M | 0.1% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 29,350 | $1M | 0.1% | 2026-Q2 |
| Point Break Capital Management, LLC new | 26,950 | $1M | 0.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 26,654 | $1M | 0.1% | 2026-Q2 |
| DELTEC ASSET MANAGEMENT LLC | 25,900 | $1M | 0.1% | 2026-Q2 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. trimmed | 23,522 | $1M | 0.1% | 2026-Q2 |
| MIRABELLA FINANCIAL SERVICES LLP trimmed | 23,100 | $1M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 22,425 | $1M | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 21,134 | $1M | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd trimmed | 20,148 | $1M | 0.1% | 2026-Q2 |
| EDMOND DE ROTHSCHILD HOLDING S.A. | 18,880 | $945K | 0.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 18,799 | $941K | 0.1% | 2026-Q2 |
| Jump Financial, LLC trimmed | 18,414 | $921K | 0.1% | 2026-Q2 |
| CenterBook Partners LP new | 16,774 | $839K | 0.1% | 2026-Q2 |
| Activest Wealth Management trimmed | 15,902 | $796K | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 15,211 | $761K | 0.0% | 2026-Q2 |
| Steadtrust LLC trimmed | 14,804 | $741K | 0.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 14,470 | $724K | 0.0% | 2026-Q2 |
| ALTFEST L J & CO INC new | 13,617 | $681K | 0.0% | 2026-Q2 |
| Stelac Advisory Services LLC | 12,200 | $610K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 11,971 | $599K | 0.0% | 2026-Q2 |
| INSIGNEO ADVISORY SERVICES, LLC trimmed | 11,335 | $567K | 0.0% | 2026-Q2 |
| Jain Global LLC trimmed | 10,738 | $537K | 0.0% | 2026-Q2 |
| Freestone Grove Partners LP new | 10,280 | $514K | 0.0% | 2026-Q2 |
| PRELUDE CAPITAL MANAGEMENT, LLC added | 10,250 | $513K | 0.0% | 2026-Q2 |
| Crocodile Capital Partners GmbH | 10,000 | $500K | 0.0% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 9,113 | $456K | 0.0% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 8,870 | $444K | 0.0% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 7,890 | $395K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 7,820 | $391K | 0.0% | 2026-Q2 |
| J.Safra Asset Management Corp new | 7,634 | $382K | 0.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 7,340 | $367K | 0.0% | 2026-Q2 |
| Nuveen, LLC new | 7,335 | $367K | 0.0% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 7,273 | $364K | 0.0% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 7,087 | $355K | 0.0% | 2026-Q2 |
| GLENMEDE TRUST CO NA | 6,347 | $318K | 0.0% | 2026-Q2 |
| Mariner, LLC trimmed | 6,294 | $315K | 0.0% | 2026-Q2 |
| R Squared Ltd added | 6,294 | $315K | 0.0% | 2026-Q2 |
| NorthRock Partners, LLC trimmed | 6,066 | $303K | 0.0% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 5,692 | $285K | 0.0% | 2026-Q2 |
| Vident Advisory, LLC added | 5,579 | $279K | 0.0% | 2026-Q2 |
| Capital Asset Advisory Services LLC new | 5,341 | $267K | 0.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 4,886 | $244K | 0.0% | 2026-Q2 |
| CIBC WORLD MARKET INC. | 4,465 | $223K | 0.0% | 2026-Q2 |
| Dauntless Investment Group, LLC new | 4,220 | $211K | 0.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 4,090 | $205K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.