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AKRX

Akorn Inc
AKRX

Delisted

AKRX was delisted on the 29th of May, 2020.

254 hedge funds and large institutions have $2.26B invested in Akorn Inc in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 94 increasing their positions, 102 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more call options, than puts

Call options by funds: $28.4M | Put options by funds: $20.6M

8% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 102

10% less funds holding

Funds holding: 282254 (-28)

35% less capital invested

Capital invested by funds: $3.47B → $2.26B (-$1.21B)

40% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 57

60% less funds holding in top 10

Funds holding in top 10: 156 (-9)

Holders
254
Holders Change
-28
Holders Change %
-9.93%
% of All Funds
6.77%
Holding in Top 10
6
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-60%
% of All Funds
0.16%
New
34
Increased
94
Reduced
102
Closed
57
Calls
$28.4M
Puts
$20.6M
Net Calls
+$7.76M
Net Calls Change
-$2.24M
Name Holding Trade Value Shares
Change
Change in
Stake
SIG
26
Senator Investment Group
New York
$23.5M +$26.3M +1,000,000 New
SIMG
27
Stephens Investment Management Group
Texas
$21.6M +$1.53M +58,190 +7%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$20.3M +$10.6M +404,000 +83%
RRAM
29
River Road Asset Management
Kentucky
$18M +$20.1M +763,858 New
Thrivent Financial for Lutherans
30
Thrivent Financial for Lutherans
Minnesota
$16M +$550K +20,930 +3%
Luther King Capital Management (LKCM)
31
Luther King Capital Management (LKCM)
Texas
$16M -$7.43M -282,643 -29%
SCA
32
Summit Creek Advisors
Minnesota
$14.8M +$1.11M +42,290 +7%
PCM
33
Penn Capital Management
Pennsylvania
$14.3M -$695K -26,411 -4%
GIM
34
Granahan Investment Management
Massachusetts
$13.9M +$3.22M +122,600 +26%
Norges Bank
35
Norges Bank
Norway
$13.7M -$1.56M -59,259 -9%
First Trust Advisors
36
First Trust Advisors
Illinois
$13.4M +$15M +570,294 New
T. Rowe Price Associates
37
T. Rowe Price Associates
Maryland
$13.4M +$1.31M +49,810 +10%
CCP
38
Clough Capital Partners
Massachusetts
$12.9M +$2.03M +77,200 +16%
RFC
39
Russell Frank Company
Washington
$12.7M -$7.71M -293,040 -35%
GF
40
Gabelli Funds
New York
$11.8M +$7.36M +280,000 +127%
SAM
41
Sandell Asset Management
New York
$11.5M
VAM
42
Visium Asset Management
New York
$11.4M -$3.83M -145,458 -23%
ICM
43
Ionic Capital Management
New York
$10.8M +$4.87M +185,000 +68%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$10.8M -$604K -22,982 -5%
BNP Paribas Financial Markets
45
BNP Paribas Financial Markets
France
$10.3M -$2.31M -87,866 -17%
Millennium Management
46
Millennium Management
New York
$9.99M +$2.79M +106,001 +33%
Jacobs Levy Equity Management
47
Jacobs Levy Equity Management
New Jersey
$9.71M +$10.9M +412,650 New
Ameriprise
48
Ameriprise
Minnesota
$9.03M -$1.19M -45,230 -11%
GC
49
Guggenheim Capital
Illinois
$8.95M +$1.04M +39,628 +12%
Wells Fargo
50
Wells Fargo
California
$8.85M -$1.77M -67,176 -15%

AKRX Hedge Fund Activity: Q1 2016 in Review

254 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q1 2016, worth a combined $2.26B — down 35% from $3.47B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of AKRX and 34 opened new positions — a net loss of 23 holders — while 102 trimmed existing stakes and 94 added.

The largest buyer was Paulson & Co, adding an estimated $169M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $70.7M sold.

  • 254 institutional investors held Akorn Inc (AKRX) as of Q1 2016, down from 282 in Q4 2015.
  • Funds reported $2.26B of Akorn Inc stock for Q1 2016, down 35% quarter-over-quarter.
  • 34 funds opened new Akorn Inc positions in Q1 2016 and 57 closed out, a net change of -23 holders.
  • The largest Akorn Inc buyer in Q1 2016 was Paulson & Co, an estimated $169M added.
  • The largest Akorn Inc seller in Q1 2016 was Consonance Capital Management, an estimated $70.7M sold.

Based on aggregated 13F filings for Q1 2016.