Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
216 hedge funds and large institutions have $1.59B invested in Akorn Inc in 2018 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 82 reducing their positions, and 39 closing their positions.
167% more call options, than puts
Call options by funds: $102M | Put options by funds: $38.1M
3% less funds holding
Funds holding: 222 → 216 (-6)
10% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 39
15% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 82
53% less capital invested
Capital invested by funds: $3.35B → $1.59B (-$1.76B)
69% less funds holding in top 10
Funds holding in top 10: 16 → 5 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Melqart Asset Management
London,
United Kingdom
|
+$37.6M |
| 2 |
Morgan Stanley
New York
|
+$20.2M |
| 3 |
Goldman Sachs
New York
|
+$17.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.9M |
| 5 |
NC
Nexthera Capital
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$105M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$72.6M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$62.4M |
| 4 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
-$53.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$50.8M |
AKRX Hedge Fund Activity: Q1 2018 in Review
216 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q1 2018, worth a combined $1.59B — down 53% from $3.35B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of AKRX and 35 opened new positions — a net loss of 4 holders — while 82 trimmed existing stakes and 70 added.
The largest buyer was Melqart Asset Management, opening a new position worth an estimated $37.6M. The largest seller was Fidelity Investments, cutting an estimated $105M.
- 216 institutional investors held Akorn Inc (AKRX) as of Q1 2018, down from 222 in Q4 2017.
- Funds reported $1.59B of Akorn Inc stock for Q1 2018, down 53% quarter-over-quarter.
- 35 funds opened new Akorn Inc positions in Q1 2018 and 39 closed out, a net change of -4 holders.
- The largest Akorn Inc buyer in Q1 2018 was Melqart Asset Management, an estimated $37.6M added.
- The largest Akorn Inc seller in Q1 2018 was Fidelity Investments, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2018.