Canopy Growth
CGC
349 hedge funds and large institutions have $549M invested in Canopy Growth in 2020 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 96 increasing their positions, 83 reducing their positions, and 57 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 83
0.09% more ownership
Funds ownership: 0.94% → 1.02% (+0.09%)
2% less capital invested
Capital invested by funds: $559M → $549M (-$10.1M)
9% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 57
3% less funds holding
Funds holding: 358 → 349 (-9)
11% less call options, than puts
Call options by funds: $114M | Put options by funds: $128M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$37.1M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$9.14M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.71M |
| 4 |
Jane Street
New York
|
+$5.2M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.2M |
| 3 |
MSV
MN Services Vermogensbeheer
The Hague,
Netherlands
|
-$3.14M |
| 4 |
CAC
Cowen and Company
New York
|
-$2.98M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.81M |
CGC Hedge Fund Activity: Q3 2020 in Review
349 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q3 2020, worth a combined $549M — down 1.8% from $559M a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of CGC and 52 opened new positions — a net loss of 5 holders — while 83 trimmed existing stakes and 96 added.
The largest buyer was Susquehanna International Group, adding an estimated $37.1M. The largest seller was Royal Bank of Canada, cutting an estimated $10M.
- 349 institutional investors held Canopy Growth (CGC) as of Q3 2020, down from 358 in Q2 2020.
- Funds reported $549M of Canopy Growth stock for Q3 2020, down 1.8% quarter-over-quarter.
- 52 funds opened new Canopy Growth positions in Q3 2020 and 57 closed out, a net change of -5 holders.
- The largest Canopy Growth buyer in Q3 2020 was Susquehanna International Group, an estimated $37.1M added.
- The largest Canopy Growth seller in Q3 2020 was Royal Bank of Canada, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2020.