CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
548 hedge funds and large institutions have $7.17B invested in CDK Global, Inc. in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 144 increasing their positions, 216 reducing their positions, and 30 closing their positions.
1,458% more call options, than puts
Call options by funds: $117M | Put options by funds: $7.52M
73% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 30
3% more funds holding
Funds holding: 530 → 548 (+18)
0% less capital invested
Capital invested by funds: $7.18B → $7.17B (-$5.16M)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
33% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 216
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$81.5M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$43.5M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$40.3M |
| 4 |
Renaissance Technologies
New York
|
+$33.2M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$304M |
| 2 |
CWM
CIBC World Markets
New York
|
-$125M |
| 3 |
TP
Thunderbird Partners
London,
United Kingdom
|
-$28.1M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$26.8M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$25.9M |
CDK Hedge Fund Activity: Q3 2016 in Review
548 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2016, worth a combined $7.17B — down 0.07% from $7.18B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CDK positions and 30 closed out — a net gain of 22 holders — while 144 added to existing stakes and 216 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $81.5M. The largest seller was Sachem Head Capital Management, cutting an estimated $304M.
- 548 institutional investors held CDK Global, Inc. (CDK) as of Q3 2016, up from 530 in Q2 2016.
- Funds reported $7.17B of CDK Global, Inc. stock for Q3 2016, down 0.07% quarter-over-quarter.
- 52 funds opened new CDK Global, Inc. positions in Q3 2016 and 30 closed out, a net change of +22 holders.
- The largest CDK Global, Inc. buyer in Q3 2016 was Fidelity Investments, an estimated $81.5M added.
- The largest CDK Global, Inc. seller in Q3 2016 was Sachem Head Capital Management, an estimated $304M sold.
Based on aggregated 13F filings for Q3 2016.