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CDK

CDK Global, Inc.

Delisted

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

448 hedge funds and large institutions have $4.5B invested in CDK Global, Inc. in 2021 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 121 increasing their positions, 128 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,392% more call options, than puts

Call options by funds: $23.6M | Put options by funds: $1.58M

78% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 45

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

6% more funds holding

Funds holding: 422448 (+26)

1% less capital invested

Capital invested by funds: $4.54B → $4.5B (-$38.8M)

5% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 128

Holders
448
Holders Change
+26
Holders Change %
+6.16%
% of All Funds
6.89%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
80
Increased
121
Reduced
128
Closed
45
Calls
$23.6M
Puts
$1.58M
Net Calls
+$22M
Net Calls Change
-$2.72M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$888M +$111M +2,635,597 +14%
Vanguard Group
2
Vanguard Group
Pennsylvania
$449M -$24.3M -579,143 -5%
Harris Associates
3
Harris Associates
Illinois
$268M +$25.7M +611,544 +11%
Barclays
4
Barclays
United Kingdom
$267M +$85.9M +2,045,912 +47%
CCP
5
Clarkston Capital Partners
Michigan
$253M +$2M +47,606 +0.8%
Invesco
6
Invesco
Georgia
$209M +$1.45M +34,636 +0.7%
State Street
7
State Street
Massachusetts
$132M -$970K -23,102 -0.7%
American Century Companies
8
American Century Companies
Missouri
$91M +$4.03M +96,118 +5%
TSW
9
Thompson Siegel & Walmsley
Virginia
$87.6M -$1.17M -27,760 -1%
Northern Trust
10
Northern Trust
Illinois
$85.8M +$655K +15,618 +0.8%
Bank of America
11
Bank of America
North Carolina
$83.5M -$16.8M -399,297 -17%
RRAM
12
River Road Asset Management
Kentucky
$82.7M -$2.03M -48,307 -2%
Morgan Stanley
13
Morgan Stanley
New York
$80.6M +$13.2M +315,378 +20%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$71.4M +$3.39M +80,716 +5%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$64.2M +$9.38M +223,401 +17%
PCP
16
P2 Capital Partners
New York
$62.9M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$52.7M -$1.76M -41,832 -3%
Norges Bank
18
Norges Bank
Norway
$51.5M +$1.07M +25,497 +2%
DG
19
Discerene Group
Connecticut
$47M -$2.83M -67,452 -6%
AllianceBernstein
20
AllianceBernstein
Tennessee
$47M -$177K -4,207 -0.4%
JP Morgan Chase
21
JP Morgan Chase
New York
$46.9M +$3.37M +80,334 +8%
FMI
22
Fiduciary Management Inc
Wisconsin
$42.2M -$2.16M -51,469 -5%
PIM
23
Paradice Investment Management
Colorado
$41.7M +$41.9M +997,917 New
Charles Schwab
24
Charles Schwab
California
$40.3M +$427K +10,184 +1%
EARNEST Partners
25
EARNEST Partners
Georgia
$38.3M +$8.15M +194,135 +27%

CDK Hedge Fund Activity: Q4 2021 in Review

448 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q4 2021, worth a combined $4.5B — down 0.86% from $4.54B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new CDK positions and 45 closed out — a net gain of 35 holders — while 121 added to existing stakes and 128 trimmed.

The largest buyer was BlackRock, adding an estimated $111M. The largest seller was Capital International Investors, exiting entirely with an estimated $179M sold.

  • 448 institutional investors held CDK Global, Inc. (CDK) as of Q4 2021, up from 422 in Q3 2021.
  • Funds reported $4.5B of CDK Global, Inc. stock for Q4 2021, down 0.86% quarter-over-quarter.
  • 80 funds opened new CDK Global, Inc. positions in Q4 2021 and 45 closed out, a net change of +35 holders.
  • The largest CDK Global, Inc. buyer in Q4 2021 was BlackRock, an estimated $111M added.
  • The largest CDK Global, Inc. seller in Q4 2021 was Capital International Investors, an estimated $179M sold.

Based on aggregated 13F filings for Q4 2021.