Cardlytics
CDLX
63 hedge funds and large institutions have $272M invested in Cardlytics in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 11 reducing their positions, and 9 closing their positions.
182% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 11
57% more capital invested
Capital invested by funds: $173M → $272M (+$98.7M)
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
3% more funds holding
Funds holding: 61 → 63 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.16% less ownership
Funds ownership: 7.45% → 7.29% (-0.16%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.03M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.14M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.12M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.74M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPV
Canaan Partners VIII
Westport,
Connecticut
|
-$12.2M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$4.64M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$2.46M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$2.15M |
| 5 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$569K |
CDLX Hedge Fund Activity: Q1 2019 in Review
63 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Cardlytics (CDLX) for Q1 2019, worth a combined $272M — up 57% from $173M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CDLX positions and 9 closed out — a net gain of 2 holders — while 31 added to existing stakes and 11 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $4.03M. The largest seller was Canaan Partners VIII, cutting an estimated $12.2M.
- 63 institutional investors held Cardlytics (CDLX) as of Q1 2019, up from 61 in Q4 2018.
- Funds reported $272M of Cardlytics stock for Q1 2019, up 57% quarter-over-quarter.
- 11 funds opened new Cardlytics positions in Q1 2019 and 9 closed out, a net change of +2 holders.
- The largest Cardlytics buyer in Q1 2019 was Hudson Bay Capital Management, an estimated $4.03M added.
- The largest Cardlytics seller in Q1 2019 was Canaan Partners VIII, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2019.