Canopy Growth
CGC
384 hedge funds and large institutions have $783M invested in Canopy Growth in 2019 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 106 increasing their positions, 101 reducing their positions, and 56 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 56
8% more funds holding
Funds holding: 354 → 384 (+30)
5% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 101
0.05% more ownership
Funds ownership: 1.02% → 1.06% (+0.05%)
4% less capital invested
Capital invested by funds: $814M → $783M (-$31.4M)
15% less call options, than puts
Call options by funds: $352M | Put options by funds: $413M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.6M |
| 2 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$14M |
| 3 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$10.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.48M |
| 5 |
Goldman Sachs
New York
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14.6M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$10.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$10.3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.74M |
CGC Hedge Fund Activity: Q4 2019 in Review
384 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q4 2019, worth a combined $783M — down 3.9% from $814M a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new CGC positions and 56 closed out — a net gain of 36 holders — while 106 added to existing stakes and 101 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $15.6M. The largest seller was Morgan Stanley, cutting an estimated $27.9M.
- 384 institutional investors held Canopy Growth (CGC) as of Q4 2019, up from 354 in Q3 2019.
- Funds reported $783M of Canopy Growth stock for Q4 2019, down 3.9% quarter-over-quarter.
- 92 funds opened new Canopy Growth positions in Q4 2019 and 56 closed out, a net change of +36 holders.
- The largest Canopy Growth buyer in Q4 2019 was Susquehanna International Group, an estimated $15.6M added.
- The largest Canopy Growth seller in Q4 2019 was Morgan Stanley, an estimated $27.9M sold.
Based on aggregated 13F filings for Q4 2019.