Canopy Growth
CGC
358 hedge funds and large institutions have $559M invested in Canopy Growth in 2020 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 105 increasing their positions, 84 reducing their positions, and 51 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 84
7% more capital invested
Capital invested by funds: $522M → $559M (+$36.9M)
2% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 51
0.1% less ownership
Funds ownership: 1.04% → 0.94% (-0.1%)
1% less funds holding
Funds holding: 360 → 358 (-2)
17% less call options, than puts
Call options by funds: $138M | Put options by funds: $167M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.4M |
| 2 |
Goldman Sachs
New York
|
+$10.3M |
| 3 |
Morgan Stanley
New York
|
+$9.46M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.38M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$20.5M |
| 2 |
Coatue Management
New York
|
-$19M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$12.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.19M |
CGC Hedge Fund Activity: Q2 2020 in Review
358 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q2 2020, worth a combined $559M — up 7.1% from $522M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CGC positions and 51 closed out — a net gain of 1 holder — while 105 added to existing stakes and 84 trimmed.
The largest buyer was Vanguard Group, adding an estimated $16.4M. The largest seller was Turiya Advisors Asia, exiting entirely with an estimated $20.5M sold.
- 358 institutional investors held Canopy Growth (CGC) as of Q2 2020, down from 360 in Q1 2020.
- Funds reported $559M of Canopy Growth stock for Q2 2020, up 7.1% quarter-over-quarter.
- 52 funds opened new Canopy Growth positions in Q2 2020 and 51 closed out, a net change of +1 holder.
- The largest Canopy Growth buyer in Q2 2020 was Vanguard Group, an estimated $16.4M added.
- The largest Canopy Growth seller in Q2 2020 was Turiya Advisors Asia, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2020.