Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
156 hedge funds and large institutions have $315M invested in Akorn Inc in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 59 increasing their positions, 53 reducing their positions, and 13 closing their positions.
324% more call options, than puts
Call options by funds: $8.72M | Put options by funds: $2.06M
11% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 53
0% more funds holding
Funds holding: 156 → 156 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
29% less capital invested
Capital invested by funds: $442M → $315M (-$127M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.49M |
| 2 |
Renaissance Technologies
New York
|
+$3.24M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$2.54M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.22M |
| 5 |
Morgan Stanley
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.41M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.39M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$3.02M |
| 5 |
JP Morgan Chase
New York
|
-$2.89M |
AKRX Hedge Fund Activity: Q3 2019 in Review
156 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q3 2019, worth a combined $315M — down 29% from $442M a quarter earlier.
Fund positioning in AKRX was balanced in Q3 2019: 13 funds opened new positions, 13 closed out, 59 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, adding an estimated $6.49M. The largest seller was Vanguard Group, cutting an estimated $5.89M.
- 156 institutional investors held Akorn Inc (AKRX) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $315M of Akorn Inc stock for Q3 2019, down 29% quarter-over-quarter.
- 13 funds opened new Akorn Inc positions in Q3 2019 and 13 closed out, a net change of 0 holders.
- The largest Akorn Inc buyer in Q3 2019 was Millennium Management, an estimated $6.49M added.
- The largest Akorn Inc seller in Q3 2019 was Vanguard Group, an estimated $5.89M sold.
Based on aggregated 13F filings for Q3 2019.