CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
525 hedge funds and large institutions have $6B invested in CDK Global, Inc. in 2015 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 98 increasing their positions, 267 reducing their positions, and 96 closing their positions.
531% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $1.85M
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
15% more capital invested
Capital invested by funds: $5.21B → $6B (+$787M)
7% less funds holding
Funds holding: 562 → 525 (-37)
29% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 96
63% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 267
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
+$140M |
| 2 |
EM
Elliott Management
New York
|
+$118M |
| 3 |
State Street
Boston,
Massachusetts
|
+$97.5M |
| 4 |
AG
Aravt Global
New York
|
+$96.7M |
| 5 |
MAI
Marble Arch Investments
New York
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highline Capital Management
New York
|
-$81.1M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$61.5M |
| 3 |
HCM
Hoplite Capital Management
New York
|
-$57.9M |
| 4 |
SC
Sculptor Capital
New York
|
-$56.5M |
| 5 |
VM
Valinor Management
New York
|
-$54.4M |
CDK Hedge Fund Activity: Q1 2015 in Review
525 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q1 2015, worth a combined $6B — up 15% from $5.21B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of CDK and 68 opened new positions — a net loss of 28 holders — while 267 trimmed existing stakes and 98 added.
The largest buyer was Blue Ridge Capital, opening a new position worth an estimated $140M. The largest seller was Highline Capital Management, exiting entirely with an estimated $81.1M sold.
- 525 institutional investors held CDK Global, Inc. (CDK) as of Q1 2015, down from 562 in Q4 2014.
- Funds reported $6B of CDK Global, Inc. stock for Q1 2015, up 15% quarter-over-quarter.
- 68 funds opened new CDK Global, Inc. positions in Q1 2015 and 96 closed out, a net change of -28 holders.
- The largest CDK Global, Inc. buyer in Q1 2015 was Blue Ridge Capital, an estimated $140M added.
- The largest CDK Global, Inc. seller in Q1 2015 was Highline Capital Management, an estimated $81.1M sold.
Based on aggregated 13F filings for Q1 2015.