SUSQUEHANNA INTERNATIONAL GROUP, LLP increased its holdings of GameStop ($GME) by 158.06% in the third quarter, according to a new SEC 13F filing.
The filing showed a position of 2,576,108 shares in $GME, which is 1,577,852 more than the previous quarter. This position was worth approximately $59,070,156, per our estimates.
GameStop Hedge Fund Activity
We have seen 156 institutional investors add shares of GameStop stock to their portfolio, and 110 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 9,642,309 shares (+42.7%) to their portfolio in Q3 2024
- VANGUARD GROUP INC added 7,409,452 shares (+24.9%) to their portfolio in Q3 2024
- STATE STREET CORP added 3,070,571 shares (+38.0%) to their portfolio in Q3 2024
- GEODE CAPITAL MANAGEMENT, LLC added 1,852,088 shares (+41.8%) to their portfolio in Q3 2024
- CITADEL ADVISORS LLC added 1,830,940 shares (+2334.2%) to their portfolio in Q2 2024
- JANE STREET GROUP, LLC added 1,752,231 shares (+1519.0%) to their portfolio in Q2 2024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 1,577,852 shares (+158.1%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
GameStop Insider Trading Activity
GameStop insiders have traded $GME stock on the open market 9 times in the past 6 months. Of those trades, 1 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $GME stock by insiders over the last 6 months:
- DANIEL WILLIAM MOORE (PFO and PAO) has traded it 4 times. They made 0 purchases and 4 sales, selling 7,375 shares.
- MARK HAYMOND ROBINSON (General Counsel and Secretary) has traded it 4 times. They made 0 purchases and 4 sales, selling 18,447 shares.
- LAWRENCE CHENG purchased 4,140 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Background on $GME Stock
GameStop Corp. (GME) is a leading retail company primarily engaged in the sale of video games, gaming consoles, and related accessories. Founded in 1984 and headquartered in Grapevine, Texas, GameStop operates a network of physical stores across the United States and internationally, in addition to an online marketplace. The company has evolved from a traditional brick-and-mortar retailer to focus more on e-commerce and technology solutions in response to the changing landscape of the gaming industry. GameStop has also ventured into the collectibles market, significantly expanding its product offerings. Although it faced challenges due to the rise of digital downloads and the impact of the COVID-19 pandemic, GameStop garnered significant attention in 2021 due to its stock trading volatility, fueled by retail investor interest and online communities, leading to broader discussions about market dynamics and short selling.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
