Canaan Creative
CAN
71 hedge funds and large institutions have $488M invested in Canaan Creative in 2021 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 8 closing their positions.
550% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 8
538% more capital invested
Capital invested by funds: $76.6M → $488M (+$412M)
163% more funds holding
Funds holding: 27 → 71 (+44)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
0.54% more ownership
Funds ownership: 0.66% → 1.2% (+0.54%)
14% less call options, than puts
Call options by funds: $78.7M | Put options by funds: $92.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$29.9M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$25.7M |
| 3 |
Morgan Stanley
New York
|
+$24.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.4M |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$8.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SRN Advisors
Huntingdon Valley,
Pennsylvania
|
-$11.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.1M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$5.78M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.16M |
| 5 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$4.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
76
Norris Financial Group
Greenville,
South Carolina
| – | -$89.7K | -15,128 | Closed |
|
|
SSB
77
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -200 | Closed |
|
|
HI
78
Harbour Investments
Madison,
Wisconsin
| – | +$149 | +10 | New |
|
79
Simplex Trading
Chicago,
Illinois
| – | +$3.52M | +236,582 | New |
|
CAN Hedge Fund Activity: Q1 2021 in Review
71 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Canaan Creative (CAN) for Q1 2021, worth a combined $488M — up 538% from $76.6M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CAN positions and 8 closed out — a net gain of 44 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $29.9M. The largest seller was SRN Advisors, cutting an estimated $11.3M.
- 71 institutional investors held Canaan Creative (CAN) as of Q1 2021, up from 27 in Q4 2020.
- Funds reported $488M of Canaan Creative stock for Q1 2021, up 538% quarter-over-quarter.
- 52 funds opened new Canaan Creative positions in Q1 2021 and 8 closed out, a net change of +44 holders.
- The largest Canaan Creative buyer in Q1 2021 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $29.9M added.
- The largest Canaan Creative seller in Q1 2021 was SRN Advisors, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2021.