Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
304 hedge funds and large institutions have $2.48B invested in Akorn Inc in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 122 increasing their positions, 111 reducing their positions, and 52 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 111
1% less call options, than puts
Call options by funds: $21.3M | Put options by funds: $21.5M
4% less funds holding
Funds holding: 318 → 304 (-14)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
23% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 52
33% less capital invested
Capital invested by funds: $3.72B → $2.48B (-$1.24B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
+$136M |
| 2 |
TS
Twin Securities
New York
|
+$37.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$32.7M |
| 4 |
HM
HealthCor Management
New York
|
+$24.8M |
| 5 |
ICM
Ionic Capital Management
New York
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$53.6M |
| 2 |
SIG
Senator Investment Group
New York
|
-$32.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.6M |
| 4 |
PC
PointState Capital
New York
|
-$20.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$18.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
351
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$113K | -2,600 | Closed |
|
352
Walleye Trading
New York
| – | -$75.8K | -1,835 | Closed |
|
|
CTC
353
Central Trust Company
Jefferson City,
Missouri
| – | -$19K | -426 | Closed |
|
|
HCMT
354
Highland Capital Management (Tennessee)
Memphis,
Tennessee
| – | -$6K | -132 | Closed |
|
|
FANJ
355
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -112 | Closed |
|
|
S
356
SignatureFD
Atlanta,
Georgia
| – | +$413 | +10 | New |
|
AKRX Hedge Fund Activity: Q3 2015 in Review
304 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q3 2015, worth a combined $2.48B — down 33% from $3.72B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of AKRX and 40 opened new positions — a net loss of 12 holders — while 111 trimmed existing stakes and 122 added.
The largest buyer was Sachem Head Capital Management, opening a new position worth an estimated $136M. The largest seller was Citadel Advisors, cutting an estimated $53.6M.
- 304 institutional investors held Akorn Inc (AKRX) as of Q3 2015, down from 318 in Q2 2015.
- Funds reported $2.48B of Akorn Inc stock for Q3 2015, down 33% quarter-over-quarter.
- 40 funds opened new Akorn Inc positions in Q3 2015 and 52 closed out, a net change of -12 holders.
- The largest Akorn Inc buyer in Q3 2015 was Sachem Head Capital Management, an estimated $136M added.
- The largest Akorn Inc seller in Q3 2015 was Citadel Advisors, an estimated $53.6M sold.
Based on aggregated 13F filings for Q3 2015.