Canopy Growth
CGC
293 hedge funds and large institutions have $1.42B invested in Canopy Growth in 2018 Q3 according to their latest regulatory filings, with 152 funds opening new positions, 78 increasing their positions, 33 reducing their positions, and 21 closing their positions.
624% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 21
186% more capital invested
Capital invested by funds: $497M → $1.42B (+$927M)
136% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 33
80% more funds holding
Funds holding: 163 → 293 (+130)
0.4% more ownership
Funds ownership: 0.85% → 1.25% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
19% less call options, than puts
Call options by funds: $243M | Put options by funds: $298M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$109M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$50.3M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$46.7M |
| 4 |
Two Sigma Investments
New York
|
+$34M |
| 5 |
D.E. Shaw & Co
New York
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICP
Indus Capital Partners
New York
|
-$19.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.01M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.18M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$5.41M |
| 5 |
QAM
QCI Asset Management
Pittsford,
New York
|
-$4.83M |
CGC Hedge Fund Activity: Q3 2018 in Review
293 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q3 2018, worth a combined $1.42B — up 186% from $497M a quarter earlier.
Buyers outnumbered sellers: 152 funds opened new CGC positions and 21 closed out — a net gain of 131 holders — while 78 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $109M. The largest seller was Indus Capital Partners, exiting entirely with an estimated $19.2M sold.
- 293 institutional investors held Canopy Growth (CGC) as of Q3 2018, up from 163 in Q2 2018.
- Funds reported $1.42B of Canopy Growth stock for Q3 2018, up 186% quarter-over-quarter.
- 152 funds opened new Canopy Growth positions in Q3 2018 and 21 closed out, a net change of +131 holders.
- The largest Canopy Growth buyer in Q3 2018 was Morgan Stanley, an estimated $109M added.
- The largest Canopy Growth seller in Q3 2018 was Indus Capital Partners, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2018.