Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
163 hedge funds and large institutions have $297M invested in Akorn Inc in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 60 increasing their positions, 50 reducing their positions, and 32 closing their positions.
76% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $1.28M
20% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 50
0% more capital invested
Capital invested by funds: $297M → $297M (+$241K)
9% less funds holding
Funds holding: 180 → 163 (-17)
47% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 32
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.8M |
| 2 |
TA
Teachers Advisors
New York
|
+$7.54M |
| 3 |
D.E. Shaw & Co
New York
|
+$6.77M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.04M |
| 5 |
Two Sigma Advisers
New York
|
+$4.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$11.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.57M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$6.75M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$4.35M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
176
Guggenheim Capital
Chicago,
Illinois
| – | -$36K | -10,533 | Closed |
|
177
MML Investors Services
Springfield,
Massachusetts
| – | -$34K | -10,029 | Closed |
|
|
PGWM
178
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$17K | -5,000 | Closed |
|
|
WAM
179
Wolverine Asset Management
Chicago,
Illinois
| – | -$11K | -3,261 | Closed |
|
180
SEI Investments
Oaks,
Pennsylvania
| – | -$16K | -1,245 | Closed |
|
|
JA
181
JOYN Advisors
Atlanta,
Georgia
| – | -$1K | -245 | Closed |
|
|
PCG
182
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -222 | Closed |
|
|
APA
183
American Portfolios Advisors
Holbrook,
New York
| – | -$522 | -154 | Closed |
|
|
QT
184
Quantamental Technologies
White Plains,
New York
| – | +$4 | +1 | New |
|
|
WT
185
Whittier Trust
South Pasadena,
California
| – | +$545 | +142 | New |
|
|
VCM
186
Versant Capital Management
Phoenix,
Arizona
| – | +$679 | +177 | +328% |
|
AKRX Hedge Fund Activity: Q1 2019 in Review
163 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q1 2019, worth a combined $297M — up 0.08% from $297M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of AKRX and 17 opened new positions — a net loss of 15 holders — while 50 trimmed existing stakes and 60 added.
The largest buyer was Renaissance Technologies, adding an estimated $10.8M. The largest seller was Paulson & Co, exiting entirely with an estimated $11.1M sold.
- 163 institutional investors held Akorn Inc (AKRX) as of Q1 2019, down from 180 in Q4 2018.
- Funds reported $297M of Akorn Inc stock for Q1 2019, up 0.08% quarter-over-quarter.
- 17 funds opened new Akorn Inc positions in Q1 2019 and 32 closed out, a net change of -15 holders.
- The largest Akorn Inc buyer in Q1 2019 was Renaissance Technologies, an estimated $10.8M added.
- The largest Akorn Inc seller in Q1 2019 was Paulson & Co, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2019.