CDK Global, Inc.
CDK was delisted on the 5th of July, 2022.
455 hedge funds and large institutions have $5.54B invested in CDK Global, Inc. in 2022 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 83 increasing their positions, 148 reducing their positions, and 113 closing their positions.
213% more funds holding in top 10
Funds holding in top 10: 8 → 25 (+17)
11% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $19.7M
8% more capital invested
Capital invested by funds: $5.12B → $5.54B (+$420M)
0% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 113
2% less funds holding
Funds holding: 466 → 455 (-11)
44% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$286M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$118M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$112M |
| 4 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$82.5M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$78.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$329M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$253M |
| 3 |
BlackRock
New York
|
-$194M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$123M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$95.2M |
CDK Hedge Fund Activity: Q2 2022 in Review
455 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q2 2022, worth a combined $5.54B — up 8.2% from $5.12B a quarter earlier.
Fund positioning in CDK was balanced in Q2 2022: 113 funds opened new positions, 113 closed out, 83 added to existing stakes and 148 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $286M. The largest seller was Harris Associates, cutting an estimated $329M.
- 455 institutional investors held CDK Global, Inc. (CDK) as of Q2 2022, down from 466 in Q1 2022.
- Funds reported $5.54B of CDK Global, Inc. stock for Q2 2022, up 8.2% quarter-over-quarter.
- 113 funds opened new CDK Global, Inc. positions in Q2 2022 and 113 closed out, a net change of 0 holders.
- The largest CDK Global, Inc. buyer in Q2 2022 was UBS O'Connor, an estimated $286M added.
- The largest CDK Global, Inc. seller in Q2 2022 was Harris Associates, an estimated $329M sold.
Based on aggregated 13F filings for Q2 2022.