CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
472 hedge funds and large institutions have $5.29B invested in CDK Global, Inc. in 2021 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 117 increasing their positions, 148 reducing their positions, and 48 closing their positions.
400% more call options, than puts
Call options by funds: $15M | Put options by funds: $3.01M
29% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 48
3% more funds holding
Funds holding: 459 → 472 (+13)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
10% less capital invested
Capital invested by funds: $5.85B → $5.29B (-$559M)
21% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$36.8M |
| 2 |
Morgan Stanley
New York
|
+$26.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$22.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$22.1M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$77.8M |
| 2 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$46.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$41M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$23.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$21.5M |
CDK Hedge Fund Activity: Q2 2021 in Review
472 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q2 2021, worth a combined $5.29B — down 9.6% from $5.85B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CDK positions and 48 closed out — a net gain of 14 holders — while 117 added to existing stakes and 148 trimmed.
The largest buyer was State of Michigan Retirement System, adding an estimated $36.8M. The largest seller was Capital International Investors, cutting an estimated $77.8M.
- 472 institutional investors held CDK Global, Inc. (CDK) as of Q2 2021, up from 459 in Q1 2021.
- Funds reported $5.29B of CDK Global, Inc. stock for Q2 2021, down 9.6% quarter-over-quarter.
- 62 funds opened new CDK Global, Inc. positions in Q2 2021 and 48 closed out, a net change of +14 holders.
- The largest CDK Global, Inc. buyer in Q2 2021 was State of Michigan Retirement System, an estimated $36.8M added.
- The largest CDK Global, Inc. seller in Q2 2021 was Capital International Investors, an estimated $77.8M sold.
Based on aggregated 13F filings for Q2 2021.