CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
517 hedge funds and large institutions have $5.62B invested in CDK Global, Inc. in 2019 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 137 increasing their positions, 183 reducing their positions, and 54 closing their positions.
161% more call options, than puts
Call options by funds: $31.8M | Put options by funds: $12.2M
41% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 54
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more capital invested
Capital invested by funds: $4.84B → $5.62B (+$776M)
2% more funds holding
Funds holding: 507 → 517 (+10)
25% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 183
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$226M |
| 2 |
BlackRock
New York
|
+$48.7M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$42.4M |
| 4 |
CII
Capital International Inc
Los Angeles,
California
|
+$36M |
| 5 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
-$59.9M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$37.6M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$25.6M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$25.1M |
| 5 |
GCM
Gates Capital Management
New York
|
-$22.4M |
CDK Hedge Fund Activity: Q4 2019 in Review
517 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q4 2019, worth a combined $5.62B — up 16% from $4.84B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new CDK positions and 54 closed out — a net gain of 22 holders — while 137 added to existing stakes and 183 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $226M. The largest seller was Lakewood Capital Management, cutting an estimated $59.9M.
- 517 institutional investors held CDK Global, Inc. (CDK) as of Q4 2019, up from 507 in Q3 2019.
- Funds reported $5.62B of CDK Global, Inc. stock for Q4 2019, up 16% quarter-over-quarter.
- 76 funds opened new CDK Global, Inc. positions in Q4 2019 and 54 closed out, a net change of +22 holders.
- The largest CDK Global, Inc. buyer in Q4 2019 was Capital International Investors, an estimated $226M added.
- The largest CDK Global, Inc. seller in Q4 2019 was Lakewood Capital Management, an estimated $59.9M sold.
Based on aggregated 13F filings for Q4 2019.