CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
422 hedge funds and large institutions have $4.54B invested in CDK Global, Inc. in 2021 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 109 increasing their positions, 142 reducing their positions, and 67 closing their positions.
678% more call options, than puts
Call options by funds: $28.4M | Put options by funds: $3.65M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less funds holding
Funds holding: 472 → 422 (-50)
14% less capital invested
Capital invested by funds: $5.29B → $4.54B (-$746M)
23% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 142
61% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$186M |
| 2 |
BlackRock
New York
|
+$44.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$43M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$35.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$106M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$80.5M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$44.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$40.5M |
| 5 |
MP
Makaira Partners
La Jolla,
California
|
-$35M |
CDK Hedge Fund Activity: Q3 2021 in Review
422 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2021, worth a combined $4.54B — down 14% from $5.29B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of CDK and 26 opened new positions — a net loss of 41 holders — while 142 trimmed existing stakes and 109 added.
The largest buyer was Barclays, adding an estimated $186M. The largest seller was Capital International Investors, cutting an estimated $106M.
- 422 institutional investors held CDK Global, Inc. (CDK) as of Q3 2021, down from 472 in Q2 2021.
- Funds reported $4.54B of CDK Global, Inc. stock for Q3 2021, down 14% quarter-over-quarter.
- 26 funds opened new CDK Global, Inc. positions in Q3 2021 and 67 closed out, a net change of -41 holders.
- The largest CDK Global, Inc. buyer in Q3 2021 was Barclays, an estimated $186M added.
- The largest CDK Global, Inc. seller in Q3 2021 was Capital International Investors, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2021.