Akorn Inc
AKRX
AKRX was delisted on the 29th of May, 2020.
15 hedge funds and large institutions have $1.67M invested in Akorn Inc in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 115 closing their positions.
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
88% less funds holding
Funds holding: 128 → 15 (-113)
97% less capital invested
Capital invested by funds: $47.8M → $1.67M (-$46.2M)
97% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 115
Top Buyers
| 1 |
FIA
FNY Investment Advisers
New York
|
+$118K |
| 2 |
ICM
ISZO Capital Management
New York
|
+$17.9K |
| 3 |
AG
Aperio Group
Sausalito,
California
|
+$3.73K |
| 4 |
SW
SlateStone Wealth
Jupiter,
Florida
|
+$2.82K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$123 |
Top Sellers
| 1 |
BlackRock
New York
|
-$8.73M |
| 2 |
Renaissance Technologies
New York
|
-$5.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.43M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$2.81M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$2.51M |
AKRX Hedge Fund Activity: Q2 2020 in Review
15 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Akorn Inc (AKRX) for Q2 2020, worth a combined $1.67M — down 97% from $47.8M a quarter earlier.
Sellers outnumbered buyers: 115 funds closed out of AKRX and 3 opened new positions — a net loss of 112 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was FNY Investment Advisers, opening a new position worth an estimated $118K. The largest seller was BlackRock, exiting entirely with an estimated $8.73M sold.
- 15 institutional investors held Akorn Inc (AKRX) as of Q2 2020, down from 128 in Q1 2020.
- Funds reported $1.67M of Akorn Inc stock for Q2 2020, down 97% quarter-over-quarter.
- 3 funds opened new Akorn Inc positions in Q2 2020 and 115 closed out, a net change of -112 holders.
- The largest Akorn Inc buyer in Q2 2020 was FNY Investment Advisers, an estimated $118K added.
- The largest Akorn Inc seller in Q2 2020 was BlackRock, an estimated $8.73M sold.
Based on aggregated 13F filings for Q2 2020.