CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
547 hedge funds and large institutions have $7.13B invested in CDK Global, Inc. in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 143 increasing their positions, 217 reducing their positions, and 31 closing their positions.
1,458% more call options, than puts
Call options by funds: $117M | Put options by funds: $7.52M
68% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 31
3% more funds holding
Funds holding: 530 → 547 (+17)
1% less capital invested
Capital invested by funds: $7.17B → $7.13B (-$48.2M)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
34% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 217
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$81.5M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$43.5M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$40.3M |
| 4 |
Renaissance Technologies
New York
|
+$33.2M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$304M |
| 2 |
CWM
CIBC World Markets
New York
|
-$125M |
| 3 |
TP
Thunderbird Partners
London,
United Kingdom
|
-$28.1M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$26.8M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$25.9M |
CDK Hedge Fund Activity: Q3 2016 in Review
547 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2016, worth a combined $7.13B — down 0.67% from $7.17B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CDK positions and 31 closed out — a net gain of 21 holders — while 143 added to existing stakes and 217 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $81.5M. The largest seller was Sachem Head Capital Management, cutting an estimated $304M.
- 547 institutional investors held CDK Global, Inc. (CDK) as of Q3 2016, up from 530 in Q2 2016.
- Funds reported $7.13B of CDK Global, Inc. stock for Q3 2016, down 0.67% quarter-over-quarter.
- 52 funds opened new CDK Global, Inc. positions in Q3 2016 and 31 closed out, a net change of +21 holders.
- The largest CDK Global, Inc. buyer in Q3 2016 was Fidelity Investments, an estimated $81.5M added.
- The largest CDK Global, Inc. seller in Q3 2016 was Sachem Head Capital Management, an estimated $304M sold.
Based on aggregated 13F filings for Q3 2016.