CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
577 hedge funds and large institutions have $7.38B invested in CDK Global, Inc. in 2016 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 144 increasing their positions, 212 reducing their positions, and 42 closing their positions.
376% more call options, than puts
Call options by funds: $128M | Put options by funds: $26.9M
88% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 42
5% more funds holding
Funds holding: 547 → 577 (+30)
4% more capital invested
Capital invested by funds: $7.13B → $7.38B (+$252M)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
32% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 212
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$43.1M |
| 2 |
Goldman Sachs
New York
|
+$37.5M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$33.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.6M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$83.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$42.8M |
| 3 |
KCM
Kingdon Capital Management
New York
|
-$41.4M |
| 4 |
EPCM
Eton Park Capital Management
New York
|
-$40M |
| 5 |
BRC
Blue Ridge Capital
New York
|
-$35.1M |
CDK Hedge Fund Activity: Q4 2016 in Review
577 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q4 2016, worth a combined $7.38B — up 3.5% from $7.13B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CDK positions and 42 closed out — a net gain of 37 holders — while 144 added to existing stakes and 212 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $43.1M. The largest seller was Fir Tree Capital Management, cutting an estimated $83.3M.
- 577 institutional investors held CDK Global, Inc. (CDK) as of Q4 2016, up from 547 in Q3 2016.
- Funds reported $7.38B of CDK Global, Inc. stock for Q4 2016, up 3.5% quarter-over-quarter.
- 79 funds opened new CDK Global, Inc. positions in Q4 2016 and 42 closed out, a net change of +37 holders.
- The largest CDK Global, Inc. buyer in Q4 2016 was Citadel Advisors, an estimated $43.1M added.
- The largest CDK Global, Inc. seller in Q4 2016 was Fir Tree Capital Management, an estimated $83.3M sold.
Based on aggregated 13F filings for Q4 2016.