Cardlytics
CDLX
195 hedge funds and large institutions have $3.97B invested in Cardlytics in 2020 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 53 increasing their positions, 72 reducing their positions, and 23 closing their positions.
139% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 23
112% more capital invested
Capital invested by funds: $1.87B → $3.97B (+$2.1B)
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
19% more funds holding
Funds holding: 164 → 195 (+31)
0.44% more ownership
Funds ownership: 9.76% → 10.2% (+0.44%)
24% less call options, than puts
Call options by funds: $34.4M | Put options by funds: $45.4M
26% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$79.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$53.8M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$47.7M |
| 4 |
WIC
Water Island Capital
New York
|
+$24.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$23.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.7M |
| 2 |
6CM
683 Capital Management
New York
|
-$36.3M |
| 3 |
Jennison Associates
New York
|
-$30M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$19.8M |
| 5 |
Bank of New York Mellon
New York
|
-$15.2M |
CDLX Hedge Fund Activity: Q4 2020 in Review
195 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cardlytics (CDLX) for Q4 2020, worth a combined $3.97B — up 112% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CDLX positions and 23 closed out — a net gain of 32 holders — while 53 added to existing stakes and 72 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $79.5M. The largest seller was Wellington Management Group, cutting an estimated $43.7M.
- 195 institutional investors held Cardlytics (CDLX) as of Q4 2020, up from 164 in Q3 2020.
- Funds reported $3.97B of Cardlytics stock for Q4 2020, up 112% quarter-over-quarter.
- 55 funds opened new Cardlytics positions in Q4 2020 and 23 closed out, a net change of +32 holders.
- The largest Cardlytics buyer in Q4 2020 was JP Morgan Chase, an estimated $79.5M added.
- The largest Cardlytics seller in Q4 2020 was Wellington Management Group, an estimated $43.7M sold.
Based on aggregated 13F filings for Q4 2020.