Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
275 hedge funds and large institutions have $2.67B invested in Akorn Inc in 2016 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 121 increasing their positions, 73 reducing their positions, and 34 closing their positions.
68% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 34
66% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 73
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
19% more call options, than puts
Call options by funds: $29.1M | Put options by funds: $24.4M
18% more capital invested
Capital invested by funds: $2.26B → $2.67B (+$405M)
8% more funds holding
Funds holding: 254 → 275 (+21)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$59.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$45.1M |
| 3 |
NM
Nokota Management
New York
|
+$20.7M |
| 4 |
Morgan Stanley
New York
|
+$18.5M |
| 5 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.5M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$49M |
| 3 |
HM
HealthCor Management
New York
|
-$29.8M |
| 4 |
SHCM
Sachem Head Capital Management
New York
|
-$29.1M |
| 5 |
Bank of New York Mellon
New York
|
-$25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
301
Jefferies Group
New York
| – | -$21K | -881 | Closed |
|
|
FO
302
FT Options
Chicago,
Illinois
| – | -$6K | -250 | Closed |
|
|
CGT
303
Capital Guardian Trust
Los Angeles,
California
| – | -$5K | -192 | Closed |
|
304
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4K | -171 | Closed |
|
|
AF
305
Allworth Financial
Folsom,
California
| – | -$2K | -94 | Closed |
|
|
DAM
306
Delta Asset Management
Memphis,
Tennessee
| – | -$2K | -81 | Closed |
|
|
WA
307
Winfield Associates
Cleveland,
Ohio
| – | -$1K | -60 | Closed |
|
|
HNB
308
Huntington National Bank
Columbus,
Ohio
| – | -$2K | -43 | Closed |
|
AKRX Hedge Fund Activity: Q2 2016 in Review
275 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q2 2016, worth a combined $2.67B — up 18% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new AKRX positions and 34 closed out — a net gain of 23 holders — while 121 added to existing stakes and 73 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $59.5M. The largest seller was Fidelity Investments, cutting an estimated $59.5M.
- 275 institutional investors held Akorn Inc (AKRX) as of Q2 2016, up from 254 in Q1 2016.
- Funds reported $2.67B of Akorn Inc stock for Q2 2016, up 18% quarter-over-quarter.
- 57 funds opened new Akorn Inc positions in Q2 2016 and 34 closed out, a net change of +23 holders.
- The largest Akorn Inc buyer in Q2 2016 was Fiera Capital (Canada), an estimated $59.5M added.
- The largest Akorn Inc seller in Q2 2016 was Fidelity Investments, an estimated $59.5M sold.
Based on aggregated 13F filings for Q2 2016.