Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
275 hedge funds and large institutions have $2.52B invested in Akorn Inc in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 126 increasing their positions, 78 reducing their positions, and 39 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 78
8% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 39
0% more funds holding
Funds holding: 275 → 275 (0)
6% less capital invested
Capital invested by funds: $2.67B → $2.52B (-$149M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
25% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $13.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
+$65.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.2M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$18.6M |
| 4 |
Goldman Sachs
New York
|
+$15.6M |
| 5 |
FI
Fosun International
Hong Kong,
China
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$70.1M |
| 2 |
HM
HealthCor Management
New York
|
-$59.8M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$30M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$15.5M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$14.2M |
AKRX Hedge Fund Activity: Q3 2016 in Review
275 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q3 2016, worth a combined $2.52B — down 5.6% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new AKRX positions and 39 closed out — a net gain of 3 holders — while 126 added to existing stakes and 78 trimmed.
The largest buyer was Consonance Capital Management, opening a new position worth an estimated $65.2M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $70.1M sold.
- 275 institutional investors held Akorn Inc (AKRX) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $2.52B of Akorn Inc stock for Q3 2016, down 5.6% quarter-over-quarter.
- 42 funds opened new Akorn Inc positions in Q3 2016 and 39 closed out, a net change of +3 holders.
- The largest Akorn Inc buyer in Q3 2016 was Consonance Capital Management, an estimated $65.2M added.
- The largest Akorn Inc seller in Q3 2016 was Sachem Head Capital Management, an estimated $70.1M sold.
Based on aggregated 13F filings for Q3 2016.