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Institutional Ownership · SEC Form 13F

Who owns GGAL (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-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

138
Institutional holders
30,137,444
Shares held (tracked funds)

How the tape is positioned

34 tracked funds added or opened GGAL while 55 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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 9.4% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 9.3pp 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 2025-Q4 and 2026-Q1, across 138 tracked filers holding GGAL, 78 increased or opened the position and 61 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 2025-Q4 and 2026-Q1 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 21

  • Route One Investment Company, L.P.$27M
  • Gemsstock Ltd.$22M
  • Sagil Capital LLP$11M
  • Moerus Capital Management LLC$8M
  • Absolute Gestao de Investimentos Ltda.$8M
  • SAMLYN CAPITAL, LLC$6M

Full exits 13

  • GQG Partners LLC$166M
  • Carrhae Capital LLP$43M
  • Fourth Sail Capital LP$17M
  • Handelsbanken Fonder AB$6M
  • Balyasny Asset Management L.P.$3M
  • Aquatic Capital Management LLC$3M

Largest adds

  • Westwood Global Investments, LLC$89M
  • CITIGROUP INC$16M
  • MILLENNIUM MANAGEMENT LLC$8M
  • DISCOVERY CAPITAL MANAGEMENT, LLC / CT$6M
  • Brevan Howard Capital Management LP$6M
  • XTX Topco Ltd$2M

Largest trims

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$55M
  • PRICE T ROWE ASSOCIATES INC /MD/$32M
  • PointState Capital LP$25M
  • Driehaus Capital Management LLC$17M
  • Verition Fund Management LLC$16M
  • RWC ASSET ADVISORS (US) LLC$15M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
Westwood Global Investments, LLC added5,403,035$252M12.1%2026-Q1
Aquamarine Financial (Cayman) Ltd added2,360,982$111M5.3%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed1,767,452$83M4.0%2026-Q1
MAK CAPITAL ONE LLC added1,429,075$67M3.2%2026-Q1
MORGAN STANLEY added1,401,368$65M3.1%2026-Q1
PointState Capital LP trimmed1,296,753$61M2.9%2026-Q1
Driehaus Capital Management LLC trimmed1,067,209$50M2.4%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added1,061,234$50M2.4%2026-Q1
INCA Investments LLC940,056$44M2.1%2026-Q1
DISCOVERY CAPITAL MANAGEMENT, LLC / CT added869,129$41M1.9%2026-Q1
TT International Asset Management LTD trimmed841,858$39M1.9%2026-Q1
RWC Asset Management LLP trimmed747,876$35M1.7%2026-Q1
UBS Group AG trimmed702,334$33M1.6%2026-Q1
Kora Management LP added657,333$31M1.5%2026-Q1
Itau Unibanco Holding S.A.564,437$30M1.5%2026-Q1
Route One Investment Company, L.P. new579,350$27M1.3%2026-Q1
CITIGROUP INC added558,218$26M1.3%2026-Q1
PING CAPITAL MANAGEMENT, INC. added520,500$24M1.2%2026-Q1
Long Focus Capital Management, LLC506,000$24M1.1%2026-Q1
Gemsstock Ltd. added473,448$22M1.1%2026-Q1
JPMORGAN CHASE & CO trimmed372,616$16M0.8%2026-Q1
RWC ASSET ADVISORS (US) LLC trimmed339,966$16M0.8%2026-Q1
MILLENNIUM MANAGEMENT LLC added321,359$15M0.7%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed314,583$15M0.7%2026-Q1
CITADEL ADVISORS LLC added241,955$11M0.5%2026-Q1
Brevan Howard Capital Management LP added252,650$11M0.5%2026-Q1
Sagil Capital LLP added231,958$11M0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. added200,833$11M0.5%2026-Q1
GOLDMAN SACHS GROUP INC added228,468$11M0.5%2026-Q1
Verition Fund Management LLC trimmed219,183$10M0.5%2026-Q1
Fiera Capital Corp added193,921$9M0.4%2026-Q1
USS Investment Management Ltd189,544$9M0.4%2026-Q1
Moerus Capital Management LLC added175,098$8M0.4%2026-Q1
Alpine Global Management, LLC170,000$8M0.4%2026-Q1
Absolute Gestao de Investimentos Ltda. added168,677$8M0.4%2026-Q1
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC trimmed167,353$8M0.4%2026-Q1
HSBC HOLDINGS PLC trimmed172,686$8M0.4%2026-Q1
LAZARD ASSET MANAGEMENT LLC added165,572$8M0.4%2026-Q1
Amundi added149,789$7M0.3%2026-Q1
SAMLYN CAPITAL, LLC trimmed133,715$6M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added118,862$6M0.3%2026-Q1
Russell Investments Group, Ltd. trimmed109,841$5M0.2%2026-Q1
NWI MANAGEMENT LP99,312$5M0.2%2026-Q1
Banco Santander, S.A. added78,064$4M0.2%2026-Q1
Ramirez Asset Management, Inc. added80,887$4M0.2%2026-Q1
GROUP ONE TRADING LLC trimmed58,980$3M0.1%2026-Q1
XTX Topco Ltd added57,736$3M0.1%2026-Q1
D. E. Shaw & Co., Inc. trimmed51,900$2M0.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed50,909$2M0.1%2026-Q1
Alphadyne Asset Management LP50,048$2M0.1%2026-Q1
IMC-Chicago, LLC added49,787$2M0.1%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added49,723$2M0.1%2026-Q1
JANE STREET GROUP, LLC added47,700$2M0.1%2026-Q1
CHESAPEAKE ASSET MANAGEMENT LLC added45,583$2M0.1%2026-Q1
Systrade AG45,000$2M0.1%2026-Q1
ROYAL BANK OF CANADA added44,531$2M0.1%2026-Q1
Turim 21 Investimentos Ltda. added41,586$2M0.1%2026-Q1
Caprock Group, LLC41,025$2M0.1%2026-Q1
Schonfeld Strategic Advisors LLC added40,959$2M0.1%2026-Q1
Atom Investors LP trimmed37,116$2M0.1%2026-Q1
GQG Partners LLC trimmed3,075,544$166M8.0%2025-Q4 stale
AXIOM INVESTORS LLC /DE trimmed1,442,719$73M3.5%2025-Q2 stale
Capital World Investors added1,099,332$55M2.7%2025-Q2 stale
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed1,066,605$54M2.6%2025-Q2 stale
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed1,028,488$52M2.5%2025-Q2 stale
Carrhae Capital LLP added795,204$43M2.1%2025-Q4 stale
CI INVESTMENTS INC. added760,319$38M1.8%2025-Q2 stale
JENNISON ASSOCIATES LLC trimmed683,645$34M1.7%2025-Q2 stale
Fourth Sail Capital LP trimmed308,728$17M0.8%2025-Q4 stale
Rokos Capital Management LLP added489,593$13M0.6%2025-Q3 stale
AGF MANAGEMENT LTD new251,275$13M0.6%2025-Q2 stale
Duquesne Family Office LLC trimmed231,481$12M0.6%2025-Q2 stale
SOROS FUND MANAGEMENT LLC new228,252$12M0.6%2025-Q2 stale
DEPRINCE RACE & ZOLLO INC added204,907$10M0.5%2025-Q2 stale
SEI INVESTMENTS CO trimmed201,141$10M0.5%2025-Q2 stale
NS Partners Ltd new192,900$10M0.5%2025-Q2 stale
WELLINGTON MANAGEMENT GROUP LLP trimmed253,389$7M0.3%2025-Q3 stale
Qube Research & Technologies Ltd added252,551$7M0.3%2025-Q3 stale
Jump Financial, LLC trimmed126,724$7M0.3%2025-Q1 stale
FRANKLIN RESOURCES INC added122,335$7M0.3%2025-Q1 stale
Handelsbanken Fonder AB added113,479$6M0.3%2025-Q4 stale
CAPITAL FUND MANAGEMENT S.A. added105,216$6M0.3%2025-Q1 stale
Burkehill Global Management, LP200,000$6M0.3%2025-Q3 stale
SEVEN GRAND MANAGERS, LLC200,000$6M0.3%2025-Q3 stale
Carmignac Gestion trimmed77,070$4M0.2%2025-Q2 stale
NEUBERGER BERMAN GROUP LLC new73,896$4M0.2%2025-Q2 stale
STATE STREET CORP added66,562$4M0.2%2025-Q1 stale
SCHRODER INVESTMENT MANAGEMENT GROUP added65,752$4M0.2%2025-Q1 stale
Moneda S.A. Administradora General de Fondos added66,660$3M0.2%2025-Q2 stale
Cubist Systematic Strategies, LLC trimmed118,446$3M0.2%2025-Q3 stale
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed115,321$3M0.2%2025-Q3 stale
PEAK6 LLC new55,714$3M0.1%2025-Q1 stale
Balyasny Asset Management L.P. trimmed53,667$3M0.1%2025-Q4 stale
Dorsey Wright & Associates trimmed53,980$3M0.1%2025-Q2 stale
Aquatic Capital Management LLC added48,460$3M0.1%2025-Q4 stale
ENVESTNET ASSET MANAGEMENT INC trimmed47,137$3M0.1%2025-Q1 stale
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. new43,295$2M0.1%2025-Q4 stale
SELDON CAPITAL LP trimmed45,636$2M0.1%2025-Q2 stale
AdvisorShares Investments LLC added37,253$2M0.1%2025-Q2 stale
MIRABELLA FINANCIAL SERVICES LLP added33,659$2M0.1%2025-Q1 stale

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.

HoldersTotal shares

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.

Learn how to read institutional ownership