CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
572 hedge funds and large institutions have $4.86B invested in CDK Global, Inc. in 2018 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 150 increasing their positions, 214 reducing their positions, and 111 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
6% less funds holding
Funds holding: 610 → 572 (-38)
26% less capital invested
Capital invested by funds: $6.54B → $4.86B (-$1.68B)
30% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 111
30% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 214
39% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $21.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$140M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
+$48.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$47.1M |
| 4 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$42.8M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$41.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$84.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$80.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$64M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$49.9M |
| 5 |
IGM
Incline Global Management
New York
|
-$38.2M |
CDK Hedge Fund Activity: Q4 2018 in Review
572 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q4 2018, worth a combined $4.86B — down 26% from $6.54B a quarter earlier.
Sellers outnumbered buyers: 111 funds closed out of CDK and 78 opened new positions — a net loss of 33 holders — while 214 trimmed existing stakes and 150 added.
The largest buyer was Thompson Siegel & Walmsley, adding an estimated $140M. The largest seller was Senator Investment Group, cutting an estimated $84.7M.
- 572 institutional investors held CDK Global, Inc. (CDK) as of Q4 2018, down from 610 in Q3 2018.
- Funds reported $4.86B of CDK Global, Inc. stock for Q4 2018, down 26% quarter-over-quarter.
- 78 funds opened new CDK Global, Inc. positions in Q4 2018 and 111 closed out, a net change of -33 holders.
- The largest CDK Global, Inc. buyer in Q4 2018 was Thompson Siegel & Walmsley, an estimated $140M added.
- The largest CDK Global, Inc. seller in Q4 2018 was Senator Investment Group, an estimated $84.7M sold.
Based on aggregated 13F filings for Q4 2018.