Canopy Growth
CGC
428 hedge funds and large institutions have $1.36B invested in Canopy Growth in 2021 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 139 increasing their positions, 94 reducing their positions, and 72 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 94
48% more call options, than puts
Call options by funds: $225M | Put options by funds: $152M
0.14% more ownership
Funds ownership: 1.29% → 1.43% (+0.14%)
5% less funds holding
Funds holding: 450 → 428 (-22)
13% less capital invested
Capital invested by funds: $1.57B → $1.36B (-$205M)
29% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$54.3M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$51.6M |
| 3 |
Two Sigma Investments
New York
|
+$37.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$17M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$9.64M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$7.64M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.49M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$4.93M |
CGC Hedge Fund Activity: Q2 2021 in Review
428 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q2 2021, worth a combined $1.36B — down 13% from $1.57B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of CGC and 51 opened new positions — a net loss of 21 holders — while 94 trimmed existing stakes and 139 added.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $54.3M. The largest seller was Citadel Advisors, cutting an estimated $25.1M.
- 428 institutional investors held Canopy Growth (CGC) as of Q2 2021, down from 450 in Q1 2021.
- Funds reported $1.36B of Canopy Growth stock for Q2 2021, down 13% quarter-over-quarter.
- 51 funds opened new Canopy Growth positions in Q2 2021 and 72 closed out, a net change of -21 holders.
- The largest Canopy Growth buyer in Q2 2021 was Contrarius Investment Management, an estimated $54.3M added.
- The largest Canopy Growth seller in Q2 2021 was Citadel Advisors, an estimated $25.1M sold.
Based on aggregated 13F filings for Q2 2021.