Canaan Creative
CAN
11 hedge funds and large institutions have $10M invested in Canaan Creative in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, increasing their positions, 2 reducing their positions, and 6 closing their positions.
224% more capital inflows, than outflows
Capital inflows: $15.6M | Capital outflows: $4.82M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
22% more funds holding
Funds holding: 9 → 11 (+2)
1.3% more ownership
Funds ownership: 0.61% → 1.91% (+1.3%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.87M |
| 3 |
CIA
CSat Investment Advisory
Detroit,
Michigan
|
+$1.04M |
| 4 |
Tidal Investments
Milwaukee,
Wisconsin
|
+$1.04M |
| 5 |
Renaissance Technologies
New York
|
+$85.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.68M |
| 2 |
Millennium Management
New York
|
-$1.8M |
| 3 |
HRT Financial
New York
|
-$173K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$78K |
| 5 |
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$70K |
CAN Hedge Fund Activity: Q1 2020 in Review
11 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Canaan Creative (CAN) for Q1 2020, worth a combined $10M — up 56% from $6.38M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CAN positions and 6 closed out — a net gain of 3 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11.5M. The largest seller was Bank of America, cutting an estimated $2.68M.
- 11 institutional investors held Canaan Creative (CAN) as of Q1 2020, up from 9 in Q4 2019.
- Funds reported $10M of Canaan Creative stock for Q1 2020, up 56% quarter-over-quarter.
- 9 funds opened new Canaan Creative positions in Q1 2020 and 6 closed out, a net change of +3 holders.
- The largest Canaan Creative buyer in Q1 2020 was Fidelity Investments, an estimated $11.5M added.
- The largest Canaan Creative seller in Q1 2020 was Bank of America, an estimated $2.68M sold.
Based on aggregated 13F filings for Q1 2020.