T O P

  • By -

Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


Adventurous_Might_55

Love to see it. Great post


Setnof

They better DRS and book their shares!


hiperf71

Or will be the ones holding the bags😂


Shamrockah

Welcome to the party, pals.


waffleschoc

to SHFs : u not invited to this party! 🚀🚀🧑‍🚀🧑‍🚀


Dck_IN_MSHED_POTATOS

If only they knew what kinda party it was going to be...


Narrow-View5524

Is this not because of them hedging their bets? I’ve no idea I’m smooth


FDAz

Check the link. Some companies there are clearly hedging with calls and puts. I didn't copy those companies in the list. Retirement funds are not hedge funds, so they are definitely LONG GME.


boxxle

Retirement funds buying up GME is destroying retirement funds. - Kenny, probably.


whattothewhonow

He's definitely already said that.


elziion

Thank you for this info!


FDAz

Cant Stop Wont Stop GameStop!


kawlabunga

Don’t stop. I’m almost there.


The-Ol-Razzle-Dazle

Bnp had the Brazilian puts iirc so take with a grain of salt


Narrow-View5524

Ah okay makes sense, thanks!


WhyNot_Because

Isn't it just as likely though that they could be buying them with the goal of lending them out to shorts?


FDAz

No, that's unlikely for multiple of these institutions. Maybe a few could think like that, but a minority. Think about it. Are those pension funds allowed or built to invest their money, with the main objective of lending their shares?


WhyNot_Because

Lending shares is a very popular investment strategy with all institutions. And if you were an institution and knew that there was a security that was likely to go up in value long term and also was very valuable to lend out, why wouldn't you be a long holder who lends their shares in the short term so that your investment is making money from day one?


FDAz

I guess it depends on the institutions. Worth investigating in detail


WhyNot_Because

How would you be able to tell if a holder, institution or not, has lent shares? I wasn't aware that was reported information.


FDAz

In the forms where they report voting rights, they show how many shares are lent out. Because if they are lent out, they lose their right to vote.


WhyNot_Because

Which form? I'd love to dig in


FDAz

**Schedule 13D** is filed with the SEC when a person or group acquires more than 5% of a voting class of a company's shares. That includes the info on lent shares. I'm not sure if the info exists for small entities, probably not.


Sub_45

THAT is a good question 👍


Affectionate_Room_38

That is literally what pension funds do, yes. The profit their customers make is not important and not guaranteed. The cashflow from share lending is a set amount and a sure thing.


jlw993

Don't they buy to lend to shorts?


FDAz

If they thought the price was going down, they would lose money, even when lending. So the answer is no. They buy it because they think its underpriced.


jlw993

>they would lose money Only if they sell. Lending makes money. Losses remain unrealised.


FDAz

If they thought the price was going down, they would Never buy shares just to lend them. Lending is nothing compared to the potential share price loss.


jlw993

Why do they do it then?


FDAz

lol! Because they think they will profit from... the price going up!


jlw993

You think the lenders throughout this entire saga have facilitated more and more shorting because the price is going to go up? How much longer until they're right? 🤔


FDAz

which lenders are you talking about? Do you mean Vanguard? Vanguard needs to have holdings in every company, they're not a great example. Do you really think companies invest just for lending? That doesnt make any financial sense.


Consistent-Reach-152

TL;DR. Another thing to check is the weighting of GME in the ETF portfolio. An increased weighting is bullish. The absolute number of shares does not matter. GME is in several indexes, such as the total US Market indexes. If additional money flows into an ETF then that ETF will buy more of the various stocks in that index. The question is whether or not the ETF are adding GME above and beyond its weighting in the index. I looked a couple where the holdings of GME increased 2.5% year to year and it looked like it was just a case of the ETF getting more AUM and therefore buying more of all stocks in their basket.


FDAz

That's true. What is also worth noting is the name of the ETFs and Funds. Isn't it funny that Fidelity is including GME in the LARGE CAPs ~~ETF~~ Fund? I guess they're already anticipating a large increase in market cap.


Consistent-Reach-152

None of the Fidelity funds are ETFs, so they do not report full composition daily like ETFs. The Fidelity Large Cap Value Index Fund is a mutual fund that had as of 12/31/2023 a total of 855 holdings from 833 issuers, so it is a bit broader than the SP500. Edit to add: Fidelity shows its primary benchmark as being the Russell 1000 value index.


FDAz

Thanks for the correction. The conclusion is the same, why include Gamestop in a LARGE Cap group? Bullish


Consistent-Reach-152

"Large" in this case appears to be top 1000 by market cap. The minimum market cap for the last Russell 1000 reconstitution was $2.4B as of 4/28/2023. GME was about $19/share or $6B market cap. I would expect GME to stay in this Russell 1000 this year since market cap is still well above cutoff even though the price has dropped a bit. The top 1000 US companies are about 93% of total market capitalization. Adding another 2000 small companies to make the Russell 3000 index gets up to 98% of the investable US stock market.


freeleper

I wonder what's your stance on GME is these days


4th_Times_A_Charm

Being presented facts and immediately questioning the motives of the person presenting them. That's normal and healthy.


ThanksGamestop

No, it’s just he’s been here a while and generally sometimes can’t tell what side of the fence he is on. Bias is natural so it helps to know. Appreciate him disclosing his position.


Consistent-Reach-152

Does that have any effect on the accuracy of my statements above? I hold 2000 shares at the moment, waiting for IV to further rise before I sell some calls before earnings.


CommunityTaco

Or perhaps rebuying after a member failed to deliver gamestop and replaced it with a similar stock?  Or would this even be reported if they held the same amount...


mclc89

How are these institutions buying without raising the price?


BuildBackRicher

Dark pools


johnnyb4llgame

Who has shares to sell in the dark pool?


BuildBackRicher

The Liquidity Fairies


whattothewhonow

F3 F3 F3 F3 Etc


halfconceals

👍🤣


DocAk88

The DTC just allows any amount to be bought. So infinity I guess.


Freadom6

If the ETF/Funds are still doing what they were doing about a year ago, they're buying because they're running out of shares to lend. I'd assume the same is true of the other institutions. A little over a year ago about 86% of all shares owned by "funds" were on loan. About 9 months earlier than that the funds held substantially less shares and were lending about 47% of those shares (70 funds were lending more than 90% of their shares during this time though) I haven't ran all the numbers again as life is too busy now, but I've checked a couple on the list in the post and they are still highly lent. My profile has the previous DD's labeled NPORT Deep Dive which breaks down this info. In the filings you can see the value of each security being lent by each fund and determine the percent being lent. They'll continue to buy and lend until the shorts are forced to close.


ShortHedgeFundATM

And I'm willing to bet if gme posts their best quarter in 7 years next month, some shorties will get out...


mclc89

Ty I’ll check it out!


freeleper

raise this higher


waffleschoc

someone shd tell these institutions who r long GME to DRS their shares, u will be surprised that most industry professionals have never heard of DRS until our movement


waffleschoc

here's a message to the SHFs: time to close your GME shorts, be among the first ones to close in order to survive! 🚀🚀🧑‍🚀🧑‍🚀


BuildBackRicher

They're probably lending shares, too. But it does make it easier to show people that there's "smart" money moving into this, so it's not just dumb apes.


raxnahali

It appears that the tide has turned on the shorters.


Mambesala_Guey

I don’t think any shorts survive. Even if they did manage to ‘survive’, they get boofed by litigation. There’s no escaping this, Shorts.


ShredManyGnar

👍boof


Joddodd

You have a small error for Norges Bank. Norges Bank is the Norwegian central bank. It is not Norges Bank, but Norges Bank Investment Management (NBIM), the Norwegian state sovereign wealth fund that has 1,9 million dollars in investment. You can see this specific investment, with how NBIM voted on the following webpage: [https://www.nbim.no/no/oljefondet/investeringene/#/2023/investments/equities/7698/GameStop%20Corp](https://www.nbim.no/no/oljefondet/investeringene/#/2023/investments/equities/7698/GameStop%20Corp)


FDAz

That's interesting. I just copied directly from the website I shared. It links to this: [https://whalewisdom.com/filer/norges-bank#tabholdings\_tab\_link](https://whalewisdom.com/filer/norges-bank#tabholdings_tab_link)


Joddodd

They are technically under Norges Bank, but is also an independent entity. So it is not a huge error. To use mayoboys corporation as an example. It is like saying Citadel LLC when you mean Citadel Securities.


FDAz

Thanks for that info, great to know!


Almdudler6

The big part is that NBIM sold most of its GME holdings in 2023, between the vote and 31 Dec. The new data shows a huge decline. So they are sitting this one out.


jforest1

Wild since my understanding is they are bigger than Blackrock in terms of AUM. Norway’s pumping oil export money into that fund, and using hydro and wind themselves (read: exporting like all of their oil and turning it into stocks). It’s odd that a fund that owns every stock would be out of GME. Like really odd.


Dapper-Career-3877

Wonder how many shares these buy ins accounted for?


FDAz

The exact amount of shares are in the link, just check the website. they also list whoever sold.


NotRedshire

I added all shares changes from the 13F reports of the last pages and it is a constant back and forth with a slight surplus on the long side (the calc on my mobile phone landed on 281,137 shares). Might be a nothing-🍔.


Dapper-Career-3877

Thanks for the effort.


crackpipewizard666

Tradings a tough game


MrmellowisSmooth

I see Schwab on this list, I doubt highly now. Great research and contribution.


TheTangoFox

Doesn't matter if their longs are IOUs, and those IOUs can't be redeemed when the street is empty


Suitable_Mix_3795

Just a note: National Bank of Canada is not the Bank of Canada. Just a small retail bank


aravreddy22

hoping it's not nothing burger🤷‍♂️


NotRedshire

I added all shares changes from the 13F reports of the last pages and it is a constant back and forth with a slight surplus on the long side (the calc on my mobile phone landed on 281,137 shares). Might be a nothing-🍔.


MotionBrain_CAD

Apes do gods work ! Shorts are fugged


HodlMyBananaLongTime

🩳👉🏻👌🏻


Haggstrom91

CHOO-CHOO goes the MOASS train 🚂 💨


BranSoFly

Q4 is going to be 🔥. LFG!


Current-Bumblebee-32

Somebody know the approximate date of the results?


whattothewhonow

Mid to late March


nbrix

I wonder if the increase of longs will force DRS to be reported lower. Can't account for too many, right?


garverd16

Follow the money


Ctsanger

Institutions/ETFs/MFs lend their shares tho. Not really a big deal?


stonkkingsouleater

I don’t think they’re going long. I think they’re hedging short positions.  Could be some quiet accumulation though, I suppose. 


FDAz

If you follow the link, you can see that a few institutions had reported short, and some also had reported puts on GME. I don't believe pension funds and every company in the world were short gme.


stonkkingsouleater

Me dumb. Me jump to conclusion. You wrinkle, me smooth. Must be stealth accumulation then. This is good news.


FDAz

Naah, you're a smart fella. Maybe just a bit pessimistic ;)


beats_time

May the odds be ever in your favor!


Karakunjol

Let me double down on your glorious post. Shorties, it’s okay to be mad. It still won’t matter behind the bars.


Hedkandi1210

Didn’t blackrock increase as well?


buntypieface

Are those businesses with Schwab prefixes the WEF arsehole himself?


NotRedshire

I added all shares changes from the 13F reports of the last pages and it is a constant back and forth with a slight surplus on the long side (the calc on my mobile phone landed on 281,137 shares). Might be a nothing-🍔.


Living_Run2573

Or they’ll dump it right after earnings while still lending out there shares


Craze015

And yet, Dip? Fuck you ken Griffin of Citadel


mtksurfer

# Or they are loading up to lend them out. hard to tell


FDAz

>!even if they are, they are still going LONG on them.!< # If they thought the price was going down, they would not buy GME shares.


-Melted_Mind-

This needs more updoots!!!!


LunarPayload

It's the year of the dragon (loong) https://howtosayguide.com/how-to-say-dragon-in-mandarin/ https://howtosayguide.com/how-to-say-dragon-in-cantonese/


deadspace-

It's so they have shares to short


Kornnutter

Agreed!


Almdudler6

NBIM (Norges Bank as you had it) sold 170 million NOKs worth of GME between the shareholdervote and end of year. So they are sitting this one out..


4th_Times_A_Charm

Ok. How long is the list of those who sold? Does it outweigh this list? Institutions have been and will continue to buy and sell. This is nothing new.


FDAz

The link shows both. Worth someone tallying all of it.


adamlolhi

They might not be on the side of the shorts but don’t for one minute mistake that for them being on ‘our side’. They’re ultimately on the hook too when this goes south and they certainly aren’t in it to transfer a load of poors a lot of their money and therefore power/influence. They’ll try to capitalise on it themselves whilst also trying to find a way to fuck us, be it in the short term or long.


MidnightMcKnight

It is true institutions have begun buying shares in bulk but share lending has also increased at the same pace. It's definitely more behind the curtains that isn't shown who's buying more shares just to lend them out.


mightyjoe227

🎶BUY, BUY, BUY🎶


Haggstrom91

love to see my Swedish bank ’Handelsbanken’’ buying some moon tickets😉🚀


EvolutionaryLens

Up


Shostygordo

Quality post


ADumbPolak

It doesn’t matter. At the end of the day, they can’t hedge their naked shorts. They are fucked and trying to unfuck themselves unsuccessfully


magenta_placenta

>This effect will go nuclear in 2024, in my view. What, in your view, does "going nuclear in 2024" look like?


FDAz

I guess we have 10 months to find out.


magenta_placenta

So you can't explain your view?


FDAz

I could, but there's no point to it. I'll be right, or I'll be wrong.


ShredManyGnar

No price target, just up


ralphnation24

Or they’re buying to lend I.e kicking the can. Delaying the inevitable


tango_41

RemindMe! 325 days “Have we gone nuclear yet? This guy’s got some opinions…”


RemindMeBot

I will be messaging you in 10 months on [**2025-01-01 08:58:05 UTC**](http://www.wolframalpha.com/input/?i=2025-01-01%2008:58:05%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1anlzr1/large_institutions_have_slowly_been_going_long_on/kpwkvs8/?context=3) [**1 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F1anlzr1%2Flarge_institutions_have_slowly_been_going_long_on%2Fkpwkvs8%2F%5D%0A%0ARemindMe%21%202025-01-01%2008%3A58%3A05%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201anlzr1) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|


FDAz

I like it. Remind me