Akamai
AKAM
679 hedge funds and large institutions have $15B invested in Akamai in 2023 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 205 increasing their positions, 295 reducing their positions, and 65 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
23% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 65
20% more capital invested
Capital invested by funds: $12.5B → $15B (+$2.51B)
15% more call options, than puts
Call options by funds: $470M | Put options by funds: $409M
1.15% more ownership
Funds ownership: 91.29% → 92.44% (+1.1%)
1% more funds holding
Funds holding: 673 → 679 (+6)
31% less repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 295
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$204M |
| 2 |
Holocene Advisors
New York
|
+$119M |
| 3 |
Bank of New York Mellon
New York
|
+$111M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$106M |
| 5 |
Barclays
London,
United Kingdom
|
+$71.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$213M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$126M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$117M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$78.4M |
| 5 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$72.2M |
AKAM Hedge Fund Activity: Q3 2023 in Review
679 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Akamai (AKAM) for Q3 2023, worth a combined $15B — up 20% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new AKAM positions and 65 closed out — a net gain of 15 holders — while 205 added to existing stakes and 295 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $204M. The largest seller was JP Morgan Chase, cutting an estimated $213M.
- 679 institutional investors held Akamai (AKAM) as of Q3 2023, up from 673 in Q2 2023.
- Funds reported $15B of Akamai stock for Q3 2023, up 20% quarter-over-quarter.
- 80 funds opened new Akamai positions in Q3 2023 and 65 closed out, a net change of +15 holders.
- The largest Akamai buyer in Q3 2023 was Jericho Capital Asset Management, an estimated $204M added.
- The largest Akamai seller in Q3 2023 was JP Morgan Chase, an estimated $213M sold.
Based on aggregated 13F filings for Q3 2023.