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CDK

CDK Global, Inc.

Delisted

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

456 hedge funds and large institutions have $5.52B invested in CDK Global, Inc. in 2022 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 83 increasing their positions, 149 reducing their positions, and 112 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more funds holding in top 10

Funds holding in top 10: 825 (+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 → $5.52B (+$406M)

1% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 112

2% less funds holding

Funds holding: 466456 (-10)

44% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 149

Holders
456
Holders Change
-10
Holders Change %
-2.15%
% of All Funds
7.68%
Holding in Top 10
25
Holding in Top 10 Change
+17
Holding in Top 10 Change %
+212.5%
% of All Funds
0.42%
New
113
Increased
83
Reduced
149
Closed
112
Calls
$21.8M
Puts
$19.7M
Net Calls
+$2.19M
Net Calls Change
-$125M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.02B -$194M -3,597,844 -16%
Vanguard Group
2
Vanguard Group
Pennsylvania
$616M +$3.55M +65,631 +0.6%
CCP
3
Clarkston Capital Partners
Michigan
$323M -$6.38M -118,020 -2%
UOC
4
UBS O'Connor
Illinois
$290M +$286M +5,289,369 New
State Street
5
State Street
Massachusetts
$174M -$3.53M -65,362 -2%
Fidelity International
6
Fidelity International
Bermuda
$124M +$118M +2,176,918 +2,518%
BCM
7
Beryl Capital Management
California
$113M +$112M +2,063,131 New
Bank of America
8
Bank of America
North Carolina
$107M -$24.9M -460,944 -19%
Northern Trust
9
Northern Trust
Illinois
$95.8M -$43M -796,392 -31%
JP Morgan Chase
10
JP Morgan Chase
New York
$93.5M +$33.5M +620,553 +57%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$85.4M -$2.54M -47,054 -3%
AAM
12
Alpine Associates Management
Florida
$83.6M +$82.5M +1,526,830 New
PCM
13
Pentwater Capital Management
Florida
$79.1M +$78.1M +1,444,801 New
Bank of New York Mellon
14
Bank of New York Mellon
New York
$75.2M +$5.86M +108,345 +9%
Goldman Sachs
15
Goldman Sachs
New York
$67.5M +$38.3M +707,689 +135%
Norges Bank
16
Norges Bank
Norway
$67.4M +$6.06M +112,143 +10%
AllianceBernstein
17
AllianceBernstein
Tennessee
$61M +$51.8K +959 +0.1%
Millennium Management
18
Millennium Management
New York
$59.5M +$21.3M +393,810 +57%
KC
19
Kryger Capital
United Kingdom
$57.2M +$56.5M +1,044,866 New
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$56.3M +$53M +979,869 +2,021%
WIC
21
Water Island Capital
New York
$56M +$55.3M +1,022,477 New
Charles Schwab
22
Charles Schwab
California
$54M -$611K -11,298 -1%
NAM
23
Nexpoint Asset Management
Texas
$53.9M +$53.2M +984,530 New
GCL
24
Glazer Capital LLC
New York
$53.5M +$52.8M +977,338 New
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$48.5M +$87.6K +1,620 +0.2%

CDK Hedge Fund Activity: Q2 2022 in Review

456 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in CDK Global, Inc. (CDK) for Q2 2022, worth a combined $5.52B — up 7.9% from $5.12B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new CDK positions and 112 closed out — a net gain of 1 holder — while 83 added to existing stakes and 149 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.

  • 456 institutional investors held CDK Global, Inc. (CDK) as of Q2 2022, down from 466 in Q1 2022.
  • Funds reported $5.52B of CDK Global, Inc. stock for Q2 2022, up 7.9% quarter-over-quarter.
  • 113 funds opened new CDK Global, Inc. positions in Q2 2022 and 112 closed out, a net change of +1 holder.
  • 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.