CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
484 hedge funds and large institutions have $4.22B invested in CDK Global, Inc. in 2020 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 131 increasing their positions, 172 reducing their positions, and 43 closing their positions.
332% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $3.03M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
49% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 43
26% more capital invested
Capital invested by funds: $3.35B → $4.22B (+$878M)
4% more funds holding
Funds holding: 467 → 484 (+17)
24% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 172
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$111M |
| 2 |
PCP
P2 Capital Partners
New York
|
+$57.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$29.8M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$28.3M |
| 5 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$165M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$71M |
| 3 |
IVA
International Value Advisers
|
-$33.9M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$19.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.1M |
CDK Hedge Fund Activity: Q2 2020 in Review
484 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q2 2020, worth a combined $4.22B — up 26% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CDK positions and 43 closed out — a net gain of 21 holders — while 131 added to existing stakes and 172 trimmed.
The largest buyer was BlackRock, adding an estimated $111M. The largest seller was Boston Partners, cutting an estimated $165M.
- 484 institutional investors held CDK Global, Inc. (CDK) as of Q2 2020, up from 467 in Q1 2020.
- Funds reported $4.22B of CDK Global, Inc. stock for Q2 2020, up 26% quarter-over-quarter.
- 64 funds opened new CDK Global, Inc. positions in Q2 2020 and 43 closed out, a net change of +21 holders.
- The largest CDK Global, Inc. buyer in Q2 2020 was BlackRock, an estimated $111M added.
- The largest CDK Global, Inc. seller in Q2 2020 was Boston Partners, an estimated $165M sold.
Based on aggregated 13F filings for Q2 2020.