Codexis
CDXS
42 hedge funds and large institutions have $16M invested in Codexis in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 17 closing their positions.
26% less capital invested
Capital invested by funds: $21.6M → $16M (-$5.55M)
28% less funds holding
Funds holding: 58 → 42 (-16)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$526K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$313K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$285K |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$261K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$698K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$396K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$277K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$265K |
| 5 |
CI
Cowen Inc
New York
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
AllianceBernstein
Nashville,
Tennessee
| – | -$19K | -8,563 | Closed |
|
|
TCIM
52
TIAA CREF Investment Management
New York
| – | -$11K | -4,805 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$2K | -871 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -690 | Closed |
|
|
SSG
55
Summit Securities Group
New York
| – | -$1K | -600 | Closed |
|
CDXS Hedge Fund Activity: Q3 2013 in Review
42 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Codexis (CDXS) for Q3 2013, worth a combined $16M — down 26% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CDXS and 2 opened new positions — a net loss of 15 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was 683 Capital Management, adding an estimated $526K. The largest seller was Janus Henderson Group, exiting entirely with an estimated $698K sold.
- 42 institutional investors held Codexis (CDXS) as of Q3 2013, down from 58 in Q2 2013.
- Funds reported $16M of Codexis stock for Q3 2013, down 26% quarter-over-quarter.
- 2 funds opened new Codexis positions in Q3 2013 and 17 closed out, a net change of -15 holders.
- The largest Codexis buyer in Q3 2013 was 683 Capital Management, an estimated $526K added.
- The largest Codexis seller in Q3 2013 was Janus Henderson Group, an estimated $698K sold.
Based on aggregated 13F filings for Q3 2013.