SHCM
AKRX

Sachem Head Capital Management’s Akorn Inc AKRX Stock Holding History

Sachem Head Capital Management’s Portfolio AKRX Stock Details AKRX Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2016
Q3 		– Sell
-2,460,000
Closed -$70.1M – 12
2016
Q2 		$70.1M Sell
2,460,000
-1,050,000
-30% -$29.1M 3.1% 10
2016
Q1 		$82.6M Sell
3,510,000
-840,000
-19% -$22.1M 3.09% 9
2015
Q4 		$162M Buy
4,350,000
+1,050,000
+32% +$32.8M 5.13% 7
2015
Q3 		$94.1M Buy
+3,300,000
New +$136M 4.25% 10

Other funds holding AKRX

PC
Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return
BFA
BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
CCM
Consonance Capital Management New York $7.28M AUM 43.59% 1-Year Est. Return
ORI
Oak Ridge Investments Chicago, Illinois $1.77B AUM 63.16% 1-Year Est. Return

Sachem Head Capital Management's AKRX Position: Q3 2016 in Review

Sachem Head Capital Management sold out of Akorn Inc (AKRX) in Q3 2016, closing a stake of 2,460,000 shares — an estimated $70.1M sold.

Sachem Head Capital Management first reported a position in AKRX in Q3 2015 and held it in 4 quarters. The position peaked at $162M in Q4 2015. 275 funds tracked by Wall St. Rank hold AKRX as of Q3 2016.

  • Sachem Head Capital Management reported no remaining Akorn Inc position as of Q3 2016 after selling out during the quarter.
  • Sachem Head Capital Management sold 2,460,000 Akorn Inc shares in Q3 2016, an estimated $70.1M.
  • Sachem Head Capital Management first reported a position in Akorn Inc in Q3 2015 and held it in 4 quarters.
  • Sachem Head Capital Management's Akorn Inc position peaked at $162M in Q4 2015.
  • 275 funds tracked by Wall St. Rank held Akorn Inc as of Q3 2016.

Based on Sachem Head Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.