CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
602 hedge funds and large institutions have $7.01B invested in CDK Global, Inc. in 2018 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 174 increasing their positions, 192 reducing their positions, and 59 closing their positions.
1,209% more call options, than puts
Call options by funds: $117M | Put options by funds: $8.91M
5% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 59
0% less funds holding
Funds holding: 603 → 602 (-1)
3% less capital invested
Capital invested by funds: $7.22B → $7.01B (-$216M)
9% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 192
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$155M |
| 2 |
SIG
Senator Investment Group
New York
|
+$58.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$53.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.8M |
| 5 |
Two Sigma Investments
New York
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$227M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$203M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$175M |
| 4 |
PPC
Park Presidio Capital
San Francisco,
California
|
-$61.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$59.7M |
CDK Hedge Fund Activity: Q2 2018 in Review
602 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q2 2018, worth a combined $7.01B — down 3% from $7.22B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CDK positions and 59 closed out — a net gain of 3 holders — while 174 added to existing stakes and 192 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $155M. The largest seller was Elliott Management, cutting an estimated $227M.
- 602 institutional investors held CDK Global, Inc. (CDK) as of Q2 2018, down from 603 in Q1 2018.
- Funds reported $7.01B of CDK Global, Inc. stock for Q2 2018, down 3% quarter-over-quarter.
- 62 funds opened new CDK Global, Inc. positions in Q2 2018 and 59 closed out, a net change of +3 holders.
- The largest CDK Global, Inc. buyer in Q2 2018 was Boston Partners, an estimated $155M added.
- The largest CDK Global, Inc. seller in Q2 2018 was Elliott Management, an estimated $227M sold.
Based on aggregated 13F filings for Q2 2018.