Canopy Growth
CGC
450 hedge funds and large institutions have $1.57B invested in Canopy Growth in 2021 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 149 increasing their positions, 110 reducing their positions, and 53 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 53
35% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 110
33% more capital invested
Capital invested by funds: $1.18B → $1.57B (+$393M)
22% more call options, than puts
Call options by funds: $334M | Put options by funds: $272M
3% more funds holding
Funds holding: 435 → 450 (+15)
0.04% more ownership
Funds ownership: 1.25% → 1.29% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$51.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$49.3M |
| 3 |
Two Sigma Advisers
New York
|
+$32.6M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$28M |
| 5 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$48.4M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$39.5M |
| 3 |
Goldman Sachs
New York
|
-$36M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$14.8M |
| 5 |
SC
Sculptor Capital
New York
|
-$13.7M |
CGC Hedge Fund Activity: Q1 2021 in Review
450 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q1 2021, worth a combined $1.57B — up 33% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new CGC positions and 53 closed out — a net gain of 19 holders — while 149 added to existing stakes and 110 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $51.1M. The largest seller was Susquehanna International Group, cutting an estimated $48.4M.
- 450 institutional investors held Canopy Growth (CGC) as of Q1 2021, up from 435 in Q4 2020.
- Funds reported $1.57B of Canopy Growth stock for Q1 2021, up 33% quarter-over-quarter.
- 72 funds opened new Canopy Growth positions in Q1 2021 and 53 closed out, a net change of +19 holders.
- The largest Canopy Growth buyer in Q1 2021 was Royal Bank of Canada, an estimated $51.1M added.
- The largest Canopy Growth seller in Q1 2021 was Susquehanna International Group, an estimated $48.4M sold.
Based on aggregated 13F filings for Q1 2021.