Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
156 hedge funds and large institutions have $442M invested in Akorn Inc in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 58 increasing their positions, 44 reducing their positions, and 24 closing their positions.
98% more call options, than puts
Call options by funds: $4.23M | Put options by funds: $2.14M
49% more capital invested
Capital invested by funds: $297M → $442M (+$145M)
32% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 44
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
4% less funds holding
Funds holding: 163 → 156 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$9.58M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$8.18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.56M |
| 4 |
Renaissance Technologies
New York
|
+$5.68M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.29M |
| 2 |
Goldman Sachs
New York
|
-$3.33M |
| 3 |
Citigroup
New York
|
-$2.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.75M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.38M |
AKRX Hedge Fund Activity: Q2 2019 in Review
156 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q2 2019, worth a combined $442M — up 49% from $297M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of AKRX and 22 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 58 added.
The largest buyer was Canyon Capital Advisors, opening a new position worth an estimated $9.58M. The largest seller was AQR Capital Management, cutting an estimated $4.29M.
- 156 institutional investors held Akorn Inc (AKRX) as of Q2 2019, down from 163 in Q1 2019.
- Funds reported $442M of Akorn Inc stock for Q2 2019, up 49% quarter-over-quarter.
- 22 funds opened new Akorn Inc positions in Q2 2019 and 24 closed out, a net change of -2 holders.
- The largest Akorn Inc buyer in Q2 2019 was Canyon Capital Advisors, an estimated $9.58M added.
- The largest Akorn Inc seller in Q2 2019 was AQR Capital Management, an estimated $4.29M sold.
Based on aggregated 13F filings for Q2 2019.