Canopy Growth
CGC
435 hedge funds and large institutions have $1.18B invested in Canopy Growth in 2020 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 124 increasing their positions, 75 reducing their positions, and 35 closing their positions.
263% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 35
113% more capital invested
Capital invested by funds: $551M → $1.18B (+$625M)
65% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 75
25% more funds holding
Funds holding: 348 → 435 (+87)
7% more call options, than puts
Call options by funds: $282M | Put options by funds: $264M
0.23% more ownership
Funds ownership: 1.02% → 1.25% (+0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$35.4M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$32.4M |
| 3 |
Two Sigma Investments
New York
|
+$26M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$19.7M |
| 5 |
EC
EMS Capital
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$11.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8M |
| 3 |
Korea Investment Corp
Seoul,
South Korea
|
-$6.61M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.06M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$3.95M |
CGC Hedge Fund Activity: Q4 2020 in Review
435 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q4 2020, worth a combined $1.18B — up 113% from $551M a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new CGC positions and 35 closed out — a net gain of 92 holders — while 124 added to existing stakes and 75 trimmed.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $35.4M. The largest seller was CIBC World Market, cutting an estimated $11.6M.
- 435 institutional investors held Canopy Growth (CGC) as of Q4 2020, up from 348 in Q3 2020.
- Funds reported $1.18B of Canopy Growth stock for Q4 2020, up 113% quarter-over-quarter.
- 127 funds opened new Canopy Growth positions in Q4 2020 and 35 closed out, a net change of +92 holders.
- The largest Canopy Growth buyer in Q4 2020 was D.E. Shaw & Co, an estimated $35.4M added.
- The largest Canopy Growth seller in Q4 2020 was CIBC World Market, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2020.