CDK Global, Inc.
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.
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: 8 → 10 (+2)
3% more capital invested
Capital invested by funds: $7.46B → $7.67B (+$213M)
3% less funds holding
Funds holding: 571 → 555 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$327M |
| 2 |
Morgan Stanley
New York
|
+$98M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
+$80M |
| 4 |
IGM
Incline Global Management
New York
|
+$50M |
| 5 |
BTP
Bloom Tree Partners
New York
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$139M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$72.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$60.1M |
| 4 |
BlackRock
New York
|
-$58.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$56.3M |
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.