Codexis
CDXS
120 hedge funds and large institutions have $615M invested in Codexis in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 20 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
6.14% more ownership
Funds ownership: 87.38% → 93.52% (+6.1%)
3% less funds holding
Funds holding: 124 → 120 (-4)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
25% less capital invested
Capital invested by funds: $818M → $615M (-$202M)
50% less call options, than puts
Call options by funds: $3K | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Vivo Capital
Palo Alto,
California
|
+$20.9M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$9.23M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$7.46M |
| 4 |
Goldman Sachs
New York
|
+$5.52M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$8.22M |
| 2 |
Millennium Management
New York
|
-$3.21M |
| 3 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$3.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.08M |
| 5 |
JP Morgan Chase
New York
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCIA
126
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$340K | -21,252 | Closed |
|
|
ASN
127
Advisory Services Network
Atlanta,
Georgia
| – | -$299K | -18,700 | Closed |
|
|
ECM
128
ExodusPoint Capital Management
New York
| – | -$215K | -13,421 | Closed |
|
|
MWNA
129
Marshall Wace North America
New York
| – | -$57K | -3,534 | Closed |
|
|
IA
130
IFP Advisors
Tampa,
Florida
| – | -$21.2K | -1,517 | Closed |
|
131
Group One Trading
Chicago,
Illinois
| – | -$24K | -1,471 | Closed |
|
132
US Bancorp
Minneapolis,
Minnesota
| – | -$16K | -1,000 | Closed |
|
|
WEC
133
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$14K | -856 | Closed |
|
|
OSAM
134
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -130 | Closed |
|
|
OPS
135
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$2K | -102 | Closed |
|
|
LWA
136
Lowe Wealth Advisors
Columbia,
Maryland
| – | -$1K | -50 | Closed |
|
137
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -32 | Closed |
|
|
JCM
138
Jacobi Capital Management
Pittston,
Pennsylvania
| – | +$475 | +34 | New |
|
CDXS Hedge Fund Activity: Q1 2020 in Review
120 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Codexis (CDXS) for Q1 2020, worth a combined $615M — down 25% from $818M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CDXS and 18 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was Vivo Capital, opening a new position worth an estimated $20.9M. The largest seller was Stifel Financial, cutting an estimated $8.22M.
- 120 institutional investors held Codexis (CDXS) as of Q1 2020, down from 124 in Q4 2019.
- Funds reported $615M of Codexis stock for Q1 2020, down 25% quarter-over-quarter.
- 18 funds opened new Codexis positions in Q1 2020 and 20 closed out, a net change of -2 holders.
- The largest Codexis buyer in Q1 2020 was Vivo Capital, an estimated $20.9M added.
- The largest Codexis seller in Q1 2020 was Stifel Financial, an estimated $8.22M sold.
Based on aggregated 13F filings for Q1 2020.