CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
485 hedge funds and large institutions have $5.45B invested in CDK Global, Inc. in 2020 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 123 increasing their positions, 165 reducing their positions, and 61 closing their positions.
378% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $3.66M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
30% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 61
22% more capital invested
Capital invested by funds: $4.48B → $5.45B (+$975M)
3% more funds holding
Funds holding: 471 → 485 (+14)
25% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 165
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$182M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$55M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$37.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$23.2M |
| 5 |
Morgan Stanley
New York
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$84.6M |
| 2 |
State Street
Boston,
Massachusetts
|
-$50.3M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$34.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$34.3M |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
-$20.8M |
CDK Hedge Fund Activity: Q4 2020 in Review
485 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q4 2020, worth a combined $5.45B — up 22% from $4.48B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CDK positions and 61 closed out — a net gain of 18 holders — while 123 added to existing stakes and 165 trimmed.
The largest buyer was Harris Associates, adding an estimated $182M. The largest seller was BlackRock, cutting an estimated $84.6M.
- 485 institutional investors held CDK Global, Inc. (CDK) as of Q4 2020, up from 471 in Q3 2020.
- Funds reported $5.45B of CDK Global, Inc. stock for Q4 2020, up 22% quarter-over-quarter.
- 79 funds opened new CDK Global, Inc. positions in Q4 2020 and 61 closed out, a net change of +18 holders.
- The largest CDK Global, Inc. buyer in Q4 2020 was Harris Associates, an estimated $182M added.
- The largest CDK Global, Inc. seller in Q4 2020 was BlackRock, an estimated $84.6M sold.
Based on aggregated 13F filings for Q4 2020.