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Institutional Confidence in Golden Matrix Group (GMGI) Soars in Q4 2024

Institutional Ownership in GMGI Surges in Q4 2024 with Major Funds Increasing Stakes
Key Takeaways
  • Leading institutional investors, including BlackRock and Vanguard, increased their positions in GMGI in Q4 2024
  • Significant new entries from Squarepoint Ops LLC and SG Americas Securities, LLC
  • Thirteen institutions expanded their positions

Publicly disclosed data shows a significant increase in institutional ownership of Golden Matrix Group, Inc. (NASDAQ: GMGI) in Q4 2024 compared to Q3 2024. Several major institutional investors increased their positions, while new investors also acquired stakes in the company, indicating strengthened institutional support. The complete data is publicly available at: https://www.nasdaq.com/market-activity/stocks/gmgi/institutional-holdings

Strongest Institutional Increases

  • RHUMBLINE ADVISERS led with a 391% increase, adding 84,749 shares for a total of 106,449 shares
  • GOLDMAN SACHS GROUP INC increased by 180%, adding 52,649 shares to reach 81,961 shares
  • JPMORGAN CHASE & CO raised its holdings by 180%, adding 32,685 shares for a total of 50,819 shares

Biggest Names Boost Their Positions

  • GEODE CAPITAL MANAGEMENT, LLC ramped up by 14%, acquiring 78,427 additional shares for a total of 623,498 shares
  • BlackRock, Inc. increased its stake by 3%, adding 33,792 shares to reach a total of 1,197,830 shares
  • Vanguard Group Inc added 5,936 shares to its holdings, a 1% increase, now holding 491,811 shares.

New Entrants

  • Squarepoint Ops LLC acquired 42,365 shares as a new position
  • SG Americas Securities, LLC initiated a new position with 13,990 shares
  • BNP PARIBAS FINANCIAL MARKETS and NewEdge Advisors, LLC also joined as new institutional backers

Disclaimer

The information contained in this release is based on publicly disclosed data from Form 13F filings submitted to the U.S. Securities and Exchange Commission (SEC) by institutional investment managers. Form 13F filings are required for institutional managers who exercise investment discretion over equity securities with an aggregate fair market value of at least $100 million. These filings represent holdings as of the last day of the quarter and may not reflect current positions.

The analysis and statements in this release do not constitute investment advice and should not be interpreted as an endorsement of any particular investment strategy. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult financial advisors before making any investment decisions.

Golden Matrix Group, Inc. assumes no obligation to update the information in this release except as required by applicable laws. For additional information, please refer to the company’s filings with the SEC.

About Golden Matrix Group

Golden Matrix Group (GMGI), based in Las Vegas, NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms, while its B2C operations, through Meridianbet, provide sports betting and gaming services across 19 regulated jurisdictions globally. Golden Matrix is committed to delivering cutting-edge technology and innovation to its clients and customers. For more information, visit www.goldenmatrix.com

Connect with us

ir@goldenmatrix.com

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Key Takeaways
  • Leading institutional investors, including BlackRock and Vanguard, increased their positions in GMGI in Q4 2024
  • Significant new entries from Squarepoint Ops LLC and SG Americas Securities, LLC
  • Thirteen institutions expanded their positions
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