CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
466 hedge funds and large institutions have $5.12B invested in CDK Global, Inc. in 2022 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 121 increasing their positions, 146 reducing their positions, and 46 closing their positions.
1,433% more call options, than puts
Call options by funds: $136M | Put options by funds: $8.9M
52% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 46
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
14% more capital invested
Capital invested by funds: $4.5B → $5.12B (+$613M)
4% more funds holding
Funds holding: 448 → 466 (+18)
17% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$44.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$36.3M |
| 3 |
Millennium Management
New York
|
+$29.7M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$21.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$286M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$31.3M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$30.4M |
| 4 |
Morgan Stanley
New York
|
-$20.4M |
| 5 |
PCP
P2 Capital Partners
New York
|
-$17.6M |
CDK Hedge Fund Activity: Q1 2022 in Review
466 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q1 2022, worth a combined $5.12B — up 14% from $4.5B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new CDK positions and 46 closed out — a net gain of 24 holders — while 121 added to existing stakes and 146 trimmed.
The largest buyer was BlackRock, adding an estimated $44.3M. The largest seller was Barclays, cutting an estimated $286M.
- 466 institutional investors held CDK Global, Inc. (CDK) as of Q1 2022, up from 448 in Q4 2021.
- Funds reported $5.12B of CDK Global, Inc. stock for Q1 2022, up 14% quarter-over-quarter.
- 70 funds opened new CDK Global, Inc. positions in Q1 2022 and 46 closed out, a net change of +24 holders.
- The largest CDK Global, Inc. buyer in Q1 2022 was BlackRock, an estimated $44.3M added.
- The largest CDK Global, Inc. seller in Q1 2022 was Barclays, an estimated $286M sold.
Based on aggregated 13F filings for Q1 2022.