CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
502 hedge funds and large institutions have $6.19B invested in CDK Global, Inc. in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 122 increasing their positions, 217 reducing their positions, and 53 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
1% more call options, than puts
Call options by funds: $3.55M | Put options by funds: $3.51M
4% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 53
4% less capital invested
Capital invested by funds: $6.45B → $6.19B (-$262M)
1% less funds holding
Funds holding: 508 → 502 (-6)
44% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 217
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
+$101M |
| 2 |
CWM
CIBC World Markets
New York
|
+$65.5M |
| 3 |
TP
Thunderbird Partners
London,
United Kingdom
|
+$41.4M |
| 4 |
LCM
Lakewood Capital Management
New York
|
+$41M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$99.9M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$85.3M |
| 3 |
CC
Capital Counsel
New York
|
-$57M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$37M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$35.3M |
CDK Hedge Fund Activity: Q1 2016 in Review
502 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q1 2016, worth a combined $6.19B — down 4.1% from $6.45B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CDK and 51 opened new positions — a net loss of 2 holders — while 217 trimmed existing stakes and 122 added.
The largest buyer was Eton Park Capital Management, opening a new position worth an estimated $101M. The largest seller was Fir Tree Capital Management, cutting an estimated $99.9M.
- 502 institutional investors held CDK Global, Inc. (CDK) as of Q1 2016, down from 508 in Q4 2015.
- Funds reported $6.19B of CDK Global, Inc. stock for Q1 2016, down 4.1% quarter-over-quarter.
- 51 funds opened new CDK Global, Inc. positions in Q1 2016 and 53 closed out, a net change of -2 holders.
- The largest CDK Global, Inc. buyer in Q1 2016 was Eton Park Capital Management, an estimated $101M added.
- The largest CDK Global, Inc. seller in Q1 2016 was Fir Tree Capital Management, an estimated $99.9M sold.
Based on aggregated 13F filings for Q1 2016.