Cardlytics
CDLX
117 hedge funds and large institutions have $712M invested in Cardlytics in 2019 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 43 increasing their positions, 18 reducing their positions, and 7 closing their positions.
557% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 7
139% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 18
50% more funds holding
Funds holding: 78 → 117 (+39)
45% more capital invested
Capital invested by funds: $491M → $712M (+$222M)
0.36% more ownership
Funds ownership: 8.37% → 8.73% (+0.36%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$51.3M |
| 2 |
AA
Antipodean Advisors
New York
|
+$16.3M |
| 3 |
OCP
Oakcliff Capital Partners
New York
|
+$9.01M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.45M |
| 5 |
6CM
683 Capital Management
New York
|
+$8.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPV
Canaan Partners VIII
Westport,
Connecticut
|
-$29.4M |
| 2 |
PVMCV
Polaris Venture Management Co V
Boston,
Massachusetts
|
-$24.7M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
-$16.3M |
| 4 |
Jennison Associates
New York
|
-$15.4M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$12.4M |
CDLX Hedge Fund Activity: Q3 2019 in Review
117 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Cardlytics (CDLX) for Q3 2019, worth a combined $712M — up 45% from $491M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CDLX positions and 7 closed out — a net gain of 39 holders — while 43 added to existing stakes and 18 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $51.3M. The largest seller was Canaan Partners VIII, exiting entirely with an estimated $29.4M sold.
- 117 institutional investors held Cardlytics (CDLX) as of Q3 2019, up from 78 in Q2 2019.
- Funds reported $712M of Cardlytics stock for Q3 2019, up 45% quarter-over-quarter.
- 46 funds opened new Cardlytics positions in Q3 2019 and 7 closed out, a net change of +39 holders.
- The largest Cardlytics buyer in Q3 2019 was Wellington Management Group, an estimated $51.3M added.
- The largest Cardlytics seller in Q3 2019 was Canaan Partners VIII, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2019.