Aurora Cannabis
ACB
347 hedge funds and large institutions have $714M invested in Aurora Cannabis in 2019 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 152 increasing their positions, 56 reducing their positions, and 61 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 56
63% more call options, than puts
Call options by funds: $96.4M | Put options by funds: $59.3M
0% less ownership
Funds ownership: 0.08% → 0.08% (-0%)
5% less funds holding
Funds holding: 364 → 347 (-17)
17% less capital invested
Capital invested by funds: $857M → $714M (-$143M)
20% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 61
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$94.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$13.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$12.9M |
| 4 |
JP Morgan Chase
New York
|
+$7.88M |
| 5 |
Renaissance Technologies
New York
|
+$7.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$64.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$48.3M |
| 3 |
Morgan Stanley
New York
|
-$31.7M |
| 4 |
JAM
JW Asset Management
Miami Beach,
Florida
|
-$18M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$11.6M |
ACB Hedge Fund Activity: Q2 2019 in Review
347 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Aurora Cannabis (ACB) for Q2 2019, worth a combined $714M — down 17% from $857M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of ACB and 49 opened new positions — a net loss of 12 holders — while 56 trimmed existing stakes and 152 added.
The largest buyer was ETF Managers Group, opening a new position worth an estimated $94.9M. The largest seller was AQR Capital Management, exiting entirely with an estimated $64.3M sold.
- 347 institutional investors held Aurora Cannabis (ACB) as of Q2 2019, down from 364 in Q1 2019.
- Funds reported $714M of Aurora Cannabis stock for Q2 2019, down 17% quarter-over-quarter.
- 49 funds opened new Aurora Cannabis positions in Q2 2019 and 61 closed out, a net change of -12 holders.
- The largest Aurora Cannabis buyer in Q2 2019 was ETF Managers Group, an estimated $94.9M added.
- The largest Aurora Cannabis seller in Q2 2019 was AQR Capital Management, an estimated $64.3M sold.
Based on aggregated 13F filings for Q2 2019.