CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
467 hedge funds and large institutions have $3.35B invested in CDK Global, Inc. in 2020 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 127 increasing their positions, 176 reducing their positions, and 95 closing their positions.
132% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $7.4M
10% less funds holding
Funds holding: 517 → 467 (-50)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 176
40% less capital invested
Capital invested by funds: $5.62B → $3.35B (-$2.27B)
45% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$84.3M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$65.7M |
| 3 |
IVA
International Value Advisers
|
+$36.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.1M |
| 5 |
MP
Makaira Partners
La Jolla,
California
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$95.4M |
| 2 |
GCM
Gates Capital Management
New York
|
-$57.3M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$52.7M |
| 4 |
LCM
Lakewood Capital Management
New York
|
-$42.4M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$25.8M |
CDK Hedge Fund Activity: Q1 2020 in Review
467 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q1 2020, worth a combined $3.35B — down 40% from $5.62B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of CDK and 52 opened new positions — a net loss of 43 holders — while 176 trimmed existing stakes and 127 added.
The largest buyer was Clarkston Capital Partners, adding an estimated $84.3M. The largest seller was State Street, cutting an estimated $95.4M.
- 467 institutional investors held CDK Global, Inc. (CDK) as of Q1 2020, down from 517 in Q4 2019.
- Funds reported $3.35B of CDK Global, Inc. stock for Q1 2020, down 40% quarter-over-quarter.
- 52 funds opened new CDK Global, Inc. positions in Q1 2020 and 95 closed out, a net change of -43 holders.
- The largest CDK Global, Inc. buyer in Q1 2020 was Clarkston Capital Partners, an estimated $84.3M added.
- The largest CDK Global, Inc. seller in Q1 2020 was State Street, an estimated $95.4M sold.
Based on aggregated 13F filings for Q1 2020.