Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
143 hedge funds and large institutions have $125M invested in Akorn Inc in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 54 reducing their positions, and 30 closing their positions.
36% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $2.36M
9% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 54
8% less funds holding
Funds holding: 156 → 143 (-13)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
60% less capital invested
Capital invested by funds: $315M → $125M (-$190M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$7.54M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$4.68M |
| 3 |
Morgan Stanley
New York
|
+$4.25M |
| 4 |
Squarepoint
New York
|
+$4.24M |
| 5 |
Renaissance Technologies
New York
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.8M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.05M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$2.75M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.73M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.69M |
AKRX Hedge Fund Activity: Q4 2019 in Review
143 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q4 2019, worth a combined $125M — down 60% from $315M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of AKRX and 19 opened new positions — a net loss of 11 holders — while 54 trimmed existing stakes and 49 added.
The largest buyer was Canyon Capital Advisors, adding an estimated $7.54M. The largest seller was Millennium Management, exiting entirely with an estimated $12.8M sold.
- 143 institutional investors held Akorn Inc (AKRX) as of Q4 2019, down from 156 in Q3 2019.
- Funds reported $125M of Akorn Inc stock for Q4 2019, down 60% quarter-over-quarter.
- 19 funds opened new Akorn Inc positions in Q4 2019 and 30 closed out, a net change of -11 holders.
- The largest Akorn Inc buyer in Q4 2019 was Canyon Capital Advisors, an estimated $7.54M added.
- The largest Akorn Inc seller in Q4 2019 was Millennium Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q4 2019.