CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
456 hedge funds and large institutions have $5.52B invested in CDK Global, Inc. in 2022 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 83 increasing their positions, 149 reducing their positions, and 112 closing their positions.
213% more funds holding in top 10
Funds holding in top 10: 8 → 25 (+17)
11% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $19.7M
8% more capital invested
Capital invested by funds: $5.12B → $5.52B (+$406M)
1% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 112
2% less funds holding
Funds holding: 466 → 456 (-10)
44% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 149
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$286M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$118M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$112M |
| 4 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$82.5M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$78.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$329M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$253M |
| 3 |
BlackRock
New York
|
-$194M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$123M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$95.2M |
CDK Hedge Fund Activity: Q2 2022 in Review
456 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q2 2022, worth a combined $5.52B — up 7.9% from $5.12B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new CDK positions and 112 closed out — a net gain of 1 holder — while 83 added to existing stakes and 149 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $286M. The largest seller was Harris Associates, cutting an estimated $329M.
- 456 institutional investors held CDK Global, Inc. (CDK) as of Q2 2022, down from 466 in Q1 2022.
- Funds reported $5.52B of CDK Global, Inc. stock for Q2 2022, up 7.9% quarter-over-quarter.
- 113 funds opened new CDK Global, Inc. positions in Q2 2022 and 112 closed out, a net change of +1 holder.
- The largest CDK Global, Inc. buyer in Q2 2022 was UBS O'Connor, an estimated $286M added.
- The largest CDK Global, Inc. seller in Q2 2022 was Harris Associates, an estimated $329M sold.
Based on aggregated 13F filings for Q2 2022.