Canopy Growth
CGC
322 hedge funds and large institutions have $777M invested in Canopy Growth in 2018 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 119 increasing their positions, 57 reducing their positions, and 69 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 57
46% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 69
20% more call options, than puts
Call options by funds: $159M | Put options by funds: $132M
10% more funds holding
Funds holding: 293 → 322 (+29)
0.41% less ownership
Funds ownership: 1.25% → 0.84% (-0.41%)
45% less capital invested
Capital invested by funds: $1.42B → $777M (-$647M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$55.8M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$25.2M |
| 3 |
CI
Cowen Inc
New York
|
+$16.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.3M |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$94.9M |
| 2 |
Two Sigma Investments
New York
|
-$60.7M |
| 3 |
Jane Street
New York
|
-$27.5M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
-$21.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$21M |
CGC Hedge Fund Activity: Q4 2018 in Review
322 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q4 2018, worth a combined $777M — down 45% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new CGC positions and 69 closed out — a net gain of 32 holders — while 119 added to existing stakes and 57 trimmed.
The largest buyer was ETF Managers Group, opening a new position worth an estimated $55.8M. The largest seller was Morgan Stanley, cutting an estimated $94.9M.
- 322 institutional investors held Canopy Growth (CGC) as of Q4 2018, up from 293 in Q3 2018.
- Funds reported $777M of Canopy Growth stock for Q4 2018, down 45% quarter-over-quarter.
- 101 funds opened new Canopy Growth positions in Q4 2018 and 69 closed out, a net change of +32 holders.
- The largest Canopy Growth buyer in Q4 2018 was ETF Managers Group, an estimated $55.8M added.
- The largest Canopy Growth seller in Q4 2018 was Morgan Stanley, an estimated $94.9M sold.
Based on aggregated 13F filings for Q4 2018.