Globeflex's Investment Surge
Globeflex Capital Dramatically Increases Stakes in TD SYNNEX, India ETF, and Other Holdings
Key Points
In TD SYNNEX (SNX), other funds’ filings included Goldman Sachs Group Inc. increasing its stake by 53.8% to 262,413 shares worth about $39.422 million, and the State of Wyoming increasing its stake by 712.7% to 1,536 shares worth about $231,000; the article also notes institutional investors own 84.00% of SNX.
For Camden National Corporation (CAC), the report highlights company leverage/liquidity figures: a current ratio of 0.82 and a quick ratio of 0.82, with debt-to-equity of 0.09; it also states 77.41% of CAC is owned by hedge funds and other institutional investors.
For the iShares MSCI India ETF (INDA), the article provides market context for the fund itself, including a market capitalization of $8.34 billion, a P/E ratio of 25.20, and a beta of 0.48 (with INDA opening at $48.02 on Friday).
For Patria Investments (PAX), the article adds insider and ownership details: Director Olimpio Matarazzo Neto bought 15,000 shares on Monday, June 1st at an average price of $11.59 (total $173,850), bringing his holdings to 120,000 shares; it also says institutional investors own 96.27% of the company’s stock.
For Encore Capital Group (ECPG), the report characterizes Globeflex’s position size: ECPG makes up approximately 0.9% of Globeflex Capital L P’s investment portfolio and is its 27th biggest holding.
Globeflex Capital L.P. sharply increased its bet on TD SYNNEX in the fourth quarter, boosting its stake by 545.4% to 35,224 shares worth about $5.29 million, according to Watchlist News. The women-owned boutique asset manager, which oversees $4.7 billion across 25 institutional clients, also made major moves in an India ETF, a Latin American investment firm, and a Maine bank.
The disclosures cap a busy period for Globeflex, a San Diego-based firm that uses a data-driven model to find growth before other investors spot it. Its biggest swing — a more than fivefold increase in TD SYNNEX — comes just weeks before the IT distributor reports fiscal Q2 results on June 25, 2026, Business Wire reported.
TD SYNNEX Bet Leads a Wave of Big Buys
Globeflex added 29,766 shares of TD SYNNEX, bringing its total to 35,224. That position is now worth roughly $5.29 million. TD SYNNEX is a Fortune 100 IT distributor that recently split into four business segments, including Hyve Solutions, which focuses on cloud infrastructure for hyperscale data centers, according to MarketBeat.
Globeflex was not alone. Goldman Sachs raised its TD SYNNEX stake by 53.8% to 262,413 shares, worth about $39.4 million. The State of Wyoming jumped in too, growing its position by 712.7% to 1,536 shares. Institutional investors now own 84% of the company's stock. J.P. Morgan recently set a price target of $298 for TD SYNNEX, citing the company's "central role in connecting the technology ecosystem," Benzinga reported.
India ETF Stake Triples as Emerging Market Bet Grows
Globeflex also boosted its position in the iShares MSCI India ETF by 262.1%, adding 62,607 shares to reach 86,505 total. That holding is now worth about $4.68 million. The ETF opened at $48.02 on Friday and carries a market cap of $8.34 billion, according to Watchlist News.
The ETF trades at a price-to-earnings ratio of 25.20 — a slight premium to other emerging markets — but analysts say India offers long-term earnings growth of around 11% per year, Seeking Alpha noted. Its beta of 0.48 means the fund moves about half as much as the broader market, making it a relatively steady emerging-market play.
Patria Investments Insider Buys as Globeflex Adds Shares
Globeflex raised its Patria Investments stake by 36.9% to 265,553 shares, worth about $4.22 million. Patria is a Latin American alternative asset manager with 96.27% of its shares held by institutions. The stock is closely watched for any signal of confidence from insiders.
That signal came on June 1. Director Olimpio Matarazzo Neto bought 15,000 Patria shares at an average price of $11.59, spending $173,850 in a single day, according to Stock Titan. He bought another 15,000 shares on June 2 at $11.74, bringing his total outlay to about $349,950. His direct holdings now stand at 120,000 shares. J.P. Morgan has trimmed its price target for Patria, citing delays in performance-fee collection, TipRanks noted.
Camden National and Encore Round Out Globeflex's Quarter
Globeflex grew its Camden National stake by 87.2% to 28,948 shares, worth about $1.26 million. The Maine bank holding company carries a debt-to-equity ratio of just 0.09, a sign of conservative borrowing. Its current ratio of 0.82 signals tight short-term liquidity, though its Common Equity Tier 1 capital ratio stands at 12.01% — well above what regulators require, PR Newswire reported. Institutional investors own 77.41% of Camden National.
Globeflex made a smaller move in Encore Capital Group, adding 8.8% to reach 112,368 shares worth about $6.11 million. Encore is Globeflex's 27th largest holding and makes up roughly 0.9% of the firm's total portfolio. While modest in scale, the increase fits the firm's pattern this quarter: broad, deliberate growth across financial and market-linked assets.
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