CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
471 hedge funds and large institutions have $4.48B invested in CDK Global, Inc. in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 112 increasing their positions, 182 reducing their positions, and 51 closing their positions.
864% more call options, than puts
Call options by funds: $13M | Put options by funds: $1.34M
6% more capital invested
Capital invested by funds: $4.22B → $4.48B (+$254M)
3% less funds holding
Funds holding: 484 → 471 (-13)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
22% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 51
38% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 182
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$90.3M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$54.6M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$37M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$17.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$32.4M |
| 2 |
BlackRock
New York
|
-$17.9M |
| 3 |
IVA
International Value Advisers
|
-$14.1M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$14.1M |
| 5 |
RCP
RIT Capital Partners
London,
United Kingdom
|
-$12.1M |
CDK Hedge Fund Activity: Q3 2020 in Review
471 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2020, worth a combined $4.48B — up 6% from $4.22B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CDK and 40 opened new positions — a net loss of 11 holders — while 182 trimmed existing stakes and 112 added.
The largest buyer was Invesco, adding an estimated $90.3M. The largest seller was Vanguard Group, cutting an estimated $32.4M.
- 471 institutional investors held CDK Global, Inc. (CDK) as of Q3 2020, down from 484 in Q2 2020.
- Funds reported $4.48B of CDK Global, Inc. stock for Q3 2020, up 6% quarter-over-quarter.
- 40 funds opened new CDK Global, Inc. positions in Q3 2020 and 51 closed out, a net change of -11 holders.
- The largest CDK Global, Inc. buyer in Q3 2020 was Invesco, an estimated $90.3M added.
- The largest CDK Global, Inc. seller in Q3 2020 was Vanguard Group, an estimated $32.4M sold.
Based on aggregated 13F filings for Q3 2020.