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CDK

CDK Global, Inc.

Delisted

CDK was delisted on the 5th of July, 2022.

555 hedge funds and large institutions have $7.67B invested in CDK Global, Inc. in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 142 increasing their positions, 237 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,612% more call options, than puts

Call options by funds: $135M | Put options by funds: $7.91M

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

3% more capital invested

Capital invested by funds: $7.46B → $7.67B (+$213M)

3% less funds holding

Funds holding: 571555 (-16)

23% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 52

40% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 237

Holders
555
Holders Change
-16
Holders Change %
-2.8%
% of All Funds
13.84%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.25%
New
40
Increased
142
Reduced
237
Closed
52
Calls
$135M
Puts
$7.91M
Net Calls
+$128M
Net Calls Change
+$58.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$806M -$58.9M -935,146 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$763M -$34.6M -548,539 -4%
EM
3
Elliott Management
New York
$512M
State Street
4
State Street
Massachusetts
$338M -$11.4M -180,903 -3%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$332M +$327M +5,185,322 +6,263%
BRC
6
Blue Ridge Capital
New York
$249M +$2.85M +45,190 +1%
CS
7
Credit Suisse
Switzerland
$217M -$2.95M -46,825 -1%
OAG
8
Orbis Allan Gray
Bermuda
$176M -$139M -2,202,110 -44%
Principal Financial Group
9
Principal Financial Group
Iowa
$160M +$141K +2,238 +0.1%
SCA
10
Southpoint Capital Advisors
New York
$142M -$1.62M -25,700 -1%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$135M -$7.24M -114,978 -5%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$129M -$8.41M -133,467 -6%
Morgan Stanley
13
Morgan Stanley
New York
$125M +$98M +1,555,020 +367%
LCM
14
Lakewood Capital Management
New York
$106M
FCM
15
Frontier Capital Management
Massachusetts
$89.1M -$47.5M -753,756 -35%
AG
16
Aravt Global
New York
$86.1M -$25.1M -398,000 -23%
Northern Trust
17
Northern Trust
Illinois
$85.8M -$5.46M -86,755 -6%
Citadel Advisors
18
Citadel Advisors
Florida
$83.7M -$60.1M -954,890 -42%
Goldman Sachs
19
Goldman Sachs
New York
$81.9M +$12.2M +193,743 +18%
SHCM
20
Sachem Head Capital Management
New York
$80.1M +$80M +1,270,000 New
State Farm Mutual Automobile Insurance
21
State Farm Mutual Automobile Insurance
Illinois
$77.4M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$75.9M -$6.73M -106,898 -8%
Renaissance Technologies
23
Renaissance Technologies
New York
$74.9M +$26.8M +424,700 +56%
Norges Bank
24
Norges Bank
Norway
$74.7M +$21.2M +336,290 +40%
AllianceBernstein
25
AllianceBernstein
Tennessee
$73.3M -$9.39K -149 -0%

CDK Hedge Fund Activity: Q3 2017 in Review

555 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2017, worth a combined $7.67B — up 2.9% from $7.46B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of CDK and 40 opened new positions — a net loss of 12 holders — while 237 trimmed existing stakes and 142 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $327M. The largest seller was Orbis Allan Gray, cutting an estimated $139M.

  • 555 institutional investors held CDK Global, Inc. (CDK) as of Q3 2017, down from 571 in Q2 2017.
  • Funds reported $7.67B of CDK Global, Inc. stock for Q3 2017, up 2.9% quarter-over-quarter.
  • 40 funds opened new CDK Global, Inc. positions in Q3 2017 and 52 closed out, a net change of -12 holders.
  • The largest CDK Global, Inc. buyer in Q3 2017 was T. Rowe Price Associates, an estimated $327M added.
  • The largest CDK Global, Inc. seller in Q3 2017 was Orbis Allan Gray, an estimated $139M sold.

Based on aggregated 13F filings for Q3 2017.