Canopy Growth
CGC
405 hedge funds and large institutions have $1.26B invested in Canopy Growth in 2019 Q1 according to their latest regulatory filings, with 127 funds opening new positions, 144 increasing their positions, 63 reducing their positions, and 41 closing their positions.
210% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 41
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
129% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 63
62% more capital invested
Capital invested by funds: $777M → $1.26B (+$483M)
28% more call options, than puts
Call options by funds: $351M | Put options by funds: $274M
26% more funds holding
Funds holding: 322 → 405 (+83)
0% more ownership
Funds ownership: 0.84% → 0.84% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$53.3M |
| 2 |
Janus Henderson Group
London,
|
+$20.5M |
| 3 |
Barclays
London,
United Kingdom
|
+$20.1M |
| 4 |
Korea Investment Corp
Seoul,
South Korea
|
+$18.2M |
| 5 |
Goldman Sachs
New York
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$56.4M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$40.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$27.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$25M |
| 5 |
CI
Cowen Inc
New York
|
-$15.9M |
CGC Hedge Fund Activity: Q1 2019 in Review
405 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q1 2019, worth a combined $1.26B — up 62% from $777M a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new CGC positions and 41 closed out — a net gain of 86 holders — while 144 added to existing stakes and 63 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $53.3M. The largest seller was Macquarie Group, cutting an estimated $56.4M.
- 405 institutional investors held Canopy Growth (CGC) as of Q1 2019, up from 322 in Q4 2018.
- Funds reported $1.26B of Canopy Growth stock for Q1 2019, up 62% quarter-over-quarter.
- 127 funds opened new Canopy Growth positions in Q1 2019 and 41 closed out, a net change of +86 holders.
- The largest Canopy Growth buyer in Q1 2019 was AQR Capital Management, an estimated $53.3M added.
- The largest Canopy Growth seller in Q1 2019 was Macquarie Group, an estimated $56.4M sold.
Based on aggregated 13F filings for Q1 2019.