Codexis
CDXS
80 hedge funds and large institutions have $386M invested in Codexis in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
35% more capital invested
Capital invested by funds: $286M → $386M (+$99.5M)
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
8% more funds holding
Funds holding: 74 → 80 (+6)
1.5% more ownership
Funds ownership: 70.96% → 72.46% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.57M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$4.41M |
| 3 |
BFS
Bradley Foster & Sargent
Hartford,
Connecticut
|
+$4.31M |
| 4 |
CC
Casdin Capital
New York
|
+$4.07M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$7.99M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.92M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$4.72M |
| 4 |
Renaissance Technologies
New York
|
-$3.5M |
| 5 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$1.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Envestnet Asset Management
Chicago,
Illinois
| $22K | +$3.61K | +377 | +23% |
|
77
Bank of Montreal
Toronto,
Ontario, Canada
| $17K | +$1.69K | +176 | +13% |
|
|
AG
78
Advisor Group
Phoenix,
Arizona
| $6K | – | – | – |
|
79
CIBC Private Wealth Group
Atlanta,
Georgia
| $6K | +$4.79K | +500 | New |
|
|
IP
80
Intellectus Partners
San Francisco,
California
| $1K | – | – | – |
|
|
81
Fidelity Investments
Boston,
Massachusetts
| – | -$6.92M | -828,974 | Closed |
|
|
LCM
82
Laurion Capital Management
New York
| – | -$499K | -59,726 | Closed |
|
|
VF
83
Virtu Financial
New York
| – | -$202K | -24,209 | Closed |
|
|
BC
84
Burney Company
Reston,
Virginia
| – | -$167K | -20,000 | Closed |
|
|
BCM
85
Bridgeway Capital Management
Houston,
Texas
| – | -$121K | -14,500 | Closed |
|
86
Balyasny Asset Management
Chicago,
Illinois
| – | -$99K | -11,845 | Closed |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$87K | -10,400 | Closed |
|
|
GC
88
Guggenheim Capital
Chicago,
Illinois
| – | -$84K | -10,184 | Closed |
|
89
Parallax Volatility Advisers
San Francisco,
California
| – | -$55K | -6,594 | Closed |
|
CDXS Hedge Fund Activity: Q1 2018 in Review
80 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Codexis (CDXS) for Q1 2018, worth a combined $386M — up 35% from $286M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CDXS positions and 9 closed out — a net gain of 6 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $6.57M. The largest seller was Prescott Group Capital Management, cutting an estimated $7.99M.
- 80 institutional investors held Codexis (CDXS) as of Q1 2018, up from 74 in Q4 2017.
- Funds reported $386M of Codexis stock for Q1 2018, up 35% quarter-over-quarter.
- 15 funds opened new Codexis positions in Q1 2018 and 9 closed out, a net change of +6 holders.
- The largest Codexis buyer in Q1 2018 was Lord, Abbett & Co, an estimated $6.57M added.
- The largest Codexis seller in Q1 2018 was Prescott Group Capital Management, an estimated $7.99M sold.
Based on aggregated 13F filings for Q1 2018.