CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
459 hedge funds and large institutions have $5.85B invested in CDK Global, Inc. in 2021 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 116 increasing their positions, 156 reducing their positions, and 72 closing their positions.
519% more call options, than puts
Call options by funds: $20M | Put options by funds: $3.23M
7% more capital invested
Capital invested by funds: $5.45B → $5.85B (+$395M)
5% less funds holding
Funds holding: 485 → 459 (-26)
26% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 156
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
29% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$83.9M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$59.7M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
+$42.1M |
| 4 |
BlackRock
New York
|
+$38.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$35.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSC
Harbor Spring Capital
New York
|
-$30.8M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$25.8M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$25.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.8M |
CDK Hedge Fund Activity: Q1 2021 in Review
459 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q1 2021, worth a combined $5.85B — up 7.2% from $5.45B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of CDK and 51 opened new positions — a net loss of 21 holders — while 156 trimmed existing stakes and 116 added.
The largest buyer was American Century Companies, adding an estimated $83.9M. The largest seller was Harbor Spring Capital, exiting entirely with an estimated $30.8M sold.
- 459 institutional investors held CDK Global, Inc. (CDK) as of Q1 2021, down from 485 in Q4 2020.
- Funds reported $5.85B of CDK Global, Inc. stock for Q1 2021, up 7.2% quarter-over-quarter.
- 51 funds opened new CDK Global, Inc. positions in Q1 2021 and 72 closed out, a net change of -21 holders.
- The largest CDK Global, Inc. buyer in Q1 2021 was American Century Companies, an estimated $83.9M added.
- The largest CDK Global, Inc. seller in Q1 2021 was Harbor Spring Capital, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2021.