CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
610 hedge funds and large institutions have $6.54B invested in CDK Global, Inc. in 2018 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 194 increasing their positions, 200 reducing their positions, and 55 closing their positions.
95% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $27.5M
22% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 55
1% more funds holding
Funds holding: 602 → 610 (+8)
3% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 200
7% less capital invested
Capital invested by funds: $7.01B → $6.54B (-$467M)
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$44.5M |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$43.6M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$43M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$42.6M |
| 5 |
BlackRock
New York
|
+$40.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$255M |
| 2 |
AG
Aravt Global
New York
|
-$77.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.4M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$59.3M |
| 5 |
N
Natixis
Paris,
France
|
-$31.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWP
651
RWA Wealth Partners
Newton,
Massachusetts
| – | -$7K | -100 | Closed |
|
|
AFIA
652
America First Investment Advisors
Omaha,
Nebraska
| – | -$6K | -89 | Closed |
|
|
FIA
653
FNY Investment Advisers
New York
| – | -$5K | -78 | Closed |
|
|
PFA
654
Pathway Financial Advisors
South Burlington,
Vermont
| – | -$4K | -66 | Closed |
|
655
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -50 | Closed |
|
|
BWP
656
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$2.92K | -46 | Closed |
|
|
CCM
657
Covington Capital Management
Los Angeles,
California
| – | -$2.22K | -35 | -95% |
|
|
JCM
658
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$2K | -33 | Closed |
|
|
MYIA
659
Mount Yale Investment Advisors
Denver,
Colorado
| – | -$2K | -32 | Closed |
|
|
TFO
660
Tarbox Family Office
Newport Beach,
California
| – | -$2K | -27 | Closed |
|
|
PW
661
Price Wealth
Austin,
Texas
| – | -$2K | -24 | Closed |
|
|
MPWT
662
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$716 | -11 | Closed |
|
|
GWS
663
Glassman Wealth Services
Vienna,
Virginia
| – | -$254 | -4 | -50% |
|
CDK Hedge Fund Activity: Q3 2018 in Review
610 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2018, worth a combined $6.54B — down 6.7% from $7.01B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new CDK positions and 55 closed out — a net gain of 12 holders — while 194 added to existing stakes and 200 trimmed.
The largest buyer was Wells Fargo, adding an estimated $44.5M. The largest seller was Elliott Management, cutting an estimated $255M.
- 610 institutional investors held CDK Global, Inc. (CDK) as of Q3 2018, up from 602 in Q2 2018.
- Funds reported $6.54B of CDK Global, Inc. stock for Q3 2018, down 6.7% quarter-over-quarter.
- 67 funds opened new CDK Global, Inc. positions in Q3 2018 and 55 closed out, a net change of +12 holders.
- The largest CDK Global, Inc. buyer in Q3 2018 was Wells Fargo, an estimated $44.5M added.
- The largest CDK Global, Inc. seller in Q3 2018 was Elliott Management, an estimated $255M sold.
Based on aggregated 13F filings for Q3 2018.