Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
259 hedge funds and large institutions have $2.31B invested in Akorn Inc in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 102 increasing their positions, 85 reducing their positions, and 43 closing their positions.
83% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $6.72M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
20% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 85
14% more capital invested
Capital invested by funds: $2.02B → $2.31B (+$292M)
14% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 43
0% less funds holding
Funds holding: 260 → 259 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$196M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$39.5M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$32.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.2M |
| 5 |
FI
Fosun International
Hong Kong,
China
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$31.3M |
| 2 |
O
OppenheimerFunds
New York
|
-$24.1M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$17.1M |
| 4 |
Millennium Management
New York
|
-$12.8M |
| 5 |
TS
Twin Securities
New York
|
-$12.7M |
AKRX Hedge Fund Activity: Q1 2017 in Review
259 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q1 2017, worth a combined $2.31B — up 14% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new AKRX positions and 43 closed out — a net gain of 6 holders — while 102 added to existing stakes and 85 trimmed.
The largest buyer was BlackRock, adding an estimated $196M. The largest seller was Coatue Management, exiting entirely with an estimated $31.3M sold.
- 259 institutional investors held Akorn Inc (AKRX) as of Q1 2017, down from 260 in Q4 2016.
- Funds reported $2.31B of Akorn Inc stock for Q1 2017, up 14% quarter-over-quarter.
- 49 funds opened new Akorn Inc positions in Q1 2017 and 43 closed out, a net change of +6 holders.
- The largest Akorn Inc buyer in Q1 2017 was BlackRock, an estimated $196M added.
- The largest Akorn Inc seller in Q1 2017 was Coatue Management, an estimated $31.3M sold.
Based on aggregated 13F filings for Q1 2017.