Canopy Growth
CGC
360 hedge funds and large institutions have $522M invested in Canopy Growth in 2020 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 109 increasing their positions, 111 reducing their positions, and 67 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.03% less ownership
Funds ownership: 1.06% → 1.04% (-0.03%)
2% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 111
6% less funds holding
Funds holding: 384 → 360 (-24)
11% less call options, than puts
Call options by funds: $190M | Put options by funds: $213M
25% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 67
33% less capital invested
Capital invested by funds: $783M → $522M (-$261M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$24.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14.3M |
| 3 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$13.4M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$7.86M |
| 5 |
HT
HAP Trading
New York
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.4M |
| 2 |
Morgan Stanley
New York
|
-$18.2M |
| 3 |
Renaissance Technologies
New York
|
-$17.4M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$11M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.89M |
CGC Hedge Fund Activity: Q1 2020 in Review
360 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q1 2020, worth a combined $522M — down 33% from $783M a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of CGC and 50 opened new positions — a net loss of 17 holders — while 111 trimmed existing stakes and 109 added.
The largest buyer was Coatue Management, opening a new position worth an estimated $24.7M. The largest seller was Susquehanna International Group, cutting an estimated $19.4M.
- 360 institutional investors held Canopy Growth (CGC) as of Q1 2020, down from 384 in Q4 2019.
- Funds reported $522M of Canopy Growth stock for Q1 2020, down 33% quarter-over-quarter.
- 50 funds opened new Canopy Growth positions in Q1 2020 and 67 closed out, a net change of -17 holders.
- The largest Canopy Growth buyer in Q1 2020 was Coatue Management, an estimated $24.7M added.
- The largest Canopy Growth seller in Q1 2020 was Susquehanna International Group, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2020.