CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
507 hedge funds and large institutions have $4.84B invested in CDK Global, Inc. in 2019 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 110 increasing their positions, 216 reducing their positions, and 83 closing their positions.
98% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $11.7M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $4.99B → $4.84B (-$142M)
8% less funds holding
Funds holding: 551 → 507 (-44)
49% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 216
49% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$91.5M |
| 2 |
GCM
Gates Capital Management
New York
|
+$71M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$48.7M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$45.1M |
| 5 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$42.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$57.4M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
-$54.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$35.1M |
| 4 |
LCM
Lakewood Capital Management
New York
|
-$29.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.6M |
CDK Hedge Fund Activity: Q3 2019 in Review
507 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q3 2019, worth a combined $4.84B — down 2.9% from $4.99B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of CDK and 42 opened new positions — a net loss of 41 holders — while 216 trimmed existing stakes and 110 added.
The largest buyer was Boston Partners, adding an estimated $91.5M. The largest seller was Schroder Investment Management Group, cutting an estimated $57.4M.
- 507 institutional investors held CDK Global, Inc. (CDK) as of Q3 2019, down from 551 in Q2 2019.
- Funds reported $4.84B of CDK Global, Inc. stock for Q3 2019, down 2.9% quarter-over-quarter.
- 42 funds opened new CDK Global, Inc. positions in Q3 2019 and 83 closed out, a net change of -41 holders.
- The largest CDK Global, Inc. buyer in Q3 2019 was Boston Partners, an estimated $91.5M added.
- The largest CDK Global, Inc. seller in Q3 2019 was Schroder Investment Management Group, an estimated $57.4M sold.
Based on aggregated 13F filings for Q3 2019.