Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
171 hedge funds and large institutions have $1.57B invested in Akorn Inc in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 66 increasing their positions, 61 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
47% more capital invested
Capital invested by funds: $1.07B → $1.57B (+$500M)
9% more funds holding
Funds holding: 157 → 171 (+14)
8% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 61
60% less call options, than puts
Call options by funds: $7.66M | Put options by funds: $19.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$43.5M |
| 2 |
O
OppenheimerFunds
New York
|
+$9.09M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.43M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$7.25M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$6.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$23.6M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$14.3M |
| 3 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$9.52M |
| 4 |
HM
HealthCor Management
New York
|
-$8.11M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$6.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
176
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$884K | -65,400 | Closed |
|
|
SCA
177
SAC Capital Advisors
Stamford,
Connecticut
| – | -$491K | -36,300 | Closed |
|
|
MC
178
Miles Capital
West Des Moines,
Iowa
| – | -$309K | -22,887 | Closed |
|
179
Capital Fund Management (CFM)
Paris,
France
| – | -$299K | -22,099 | Closed |
|
|
HCM
180
Highbridge Capital Management
New York
| – | -$282K | -20,877 | Closed |
|
181
First Trust Advisors
Wheaton,
Illinois
| – | -$203K | -14,989 | Closed |
|
182
AQR Capital Management
Greenwich,
Connecticut
| – | -$144K | -10,662 | Closed |
|
|
BA
183
Boston Advisors
Boston,
Massachusetts
| – | -$138K | -10,200 | Closed |
|
|
JFGIW
184
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$4K | -289 | Closed |
|
AKRX Hedge Fund Activity: Q3 2013 in Review
171 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q3 2013, worth a combined $1.57B — up 47% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new AKRX positions and 13 closed out — a net gain of 16 holders — while 66 added to existing stakes and 61 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $43.5M. The largest seller was Wells Fargo, cutting an estimated $23.6M.
- 171 institutional investors held Akorn Inc (AKRX) as of Q3 2013, up from 157 in Q2 2013.
- Funds reported $1.57B of Akorn Inc stock for Q3 2013, up 47% quarter-over-quarter.
- 29 funds opened new Akorn Inc positions in Q3 2013 and 13 closed out, a net change of +16 holders.
- The largest Akorn Inc buyer in Q3 2013 was Columbia Wanger Asset Management, an estimated $43.5M added.
- The largest Akorn Inc seller in Q3 2013 was Wells Fargo, an estimated $23.6M sold.
Based on aggregated 13F filings for Q3 2013.