Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
228 hedge funds and large institutions have $1.11B invested in Akorn Inc in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 77 increasing their positions, 87 reducing their positions, and 32 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more call options, than puts
Call options by funds: $99M | Put options by funds: $91.2M
1% less funds holding
Funds holding: 230 → 228 (-2)
3% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 32
11% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 87
27% less capital invested
Capital invested by funds: $1.53B → $1.11B (-$418M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$69.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$17.2M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$16.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$15.3M |
| 5 |
Two Sigma Investments
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
-$24.9M |
| 2 |
TS
Twin Securities
New York
|
-$21.7M |
| 3 |
KSCM
King Street Capital Management
New York
|
-$21.6M |
| 4 |
PC
PointState Capital
New York
|
-$20.8M |
| 5 |
PC
Paulson & Co
New York
|
-$20.4M |
AKRX Hedge Fund Activity: Q3 2018 in Review
228 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q3 2018, worth a combined $1.11B — down 27% from $1.53B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of AKRX and 31 opened new positions — a net loss of 1 holder — while 87 trimmed existing stakes and 77 added.
The largest buyer was Solus Alternative Asset Management, opening a new position worth an estimated $69.3M. The largest seller was Natixis, exiting entirely with an estimated $24.9M sold.
- 228 institutional investors held Akorn Inc (AKRX) as of Q3 2018, down from 230 in Q2 2018.
- Funds reported $1.11B of Akorn Inc stock for Q3 2018, down 27% quarter-over-quarter.
- 31 funds opened new Akorn Inc positions in Q3 2018 and 32 closed out, a net change of -1 holder.
- The largest Akorn Inc buyer in Q3 2018 was Solus Alternative Asset Management, an estimated $69.3M added.
- The largest Akorn Inc seller in Q3 2018 was Natixis, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2018.