Geo Capital Gestora de Recursos Ltd Reduces Stake in Cboe Global Markets

The hedge fund cut its holdings in the exchange operator by nearly 97% in the third quarter.

Published on Mar. 5, 2026

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Geo Capital Gestora de Recursos Ltd, a hedge fund, reduced its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 96.9% during the third quarter, according to a recent SEC filing. The fund now owns just 153 shares of the company's stock, down from 4,908 shares held previously.

Why it matters

Cboe Global Markets operates major stock and options exchanges, including the Chicago Board Options Exchange. As a key player in the financial markets infrastructure, changes in ownership of the company's shares by institutional investors can provide insights into broader market trends and investor sentiment.

The details

According to the 13F filing, Geo Capital Gestora de Recursos Ltd sold 4,755 shares of Cboe Global Markets during the third quarter. The fund now holds a much smaller position in the exchange operator, with the remaining 153 shares valued at around $38,000 at the end of the quarter.

  • Geo Capital Gestora de Recursos Ltd filed its 13F report for the third quarter of 2026.

The players

Geo Capital Gestora de Recursos Ltd

A hedge fund that previously held a larger stake in Cboe Global Markets.

Cboe Global Markets, Inc.

A major exchange operator that runs the Chicago Board Options Exchange and other financial markets.

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The takeaway

The significant reduction in Geo Capital Gestora de Recursos Ltd's position in Cboe Global Markets suggests the hedge fund may have a more cautious outlook on the exchange operator or the broader financial markets. However, without further context, it's difficult to draw firm conclusions about the fund's investment strategy or its views on Cboe's prospects.