Canopy Growth
CGC
401 hedge funds and large institutions have $803M invested in Canopy Growth in 2021 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 129 increasing their positions, 92 reducing their positions, and 66 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 92
28% more call options, than puts
Call options by funds: $121M | Put options by funds: $94.5M
0.03% more ownership
Funds ownership: 1.43% → 1.47% (+0.03%)
6% less funds holding
Funds holding: 428 → 401 (-27)
29% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 66
41% less capital invested
Capital invested by funds: $1.36B → $803M (-$561M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$24.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$20.6M |
| 3 |
Morgan Stanley
New York
|
+$12.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.9M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$6.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$29.7M |
| 2 |
Two Sigma Investments
New York
|
-$21.8M |
| 3 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$12.6M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$12M |
| 5 |
Goldman Sachs
New York
|
-$9.19M |
CGC Hedge Fund Activity: Q3 2021 in Review
401 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q3 2021, worth a combined $803M — down 41% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of CGC and 47 opened new positions — a net loss of 19 holders — while 92 trimmed existing stakes and 129 added.
The largest buyer was Renaissance Technologies, adding an estimated $24.1M. The largest seller was Contrarius Investment Management, cutting an estimated $29.7M.
- 401 institutional investors held Canopy Growth (CGC) as of Q3 2021, down from 428 in Q2 2021.
- Funds reported $803M of Canopy Growth stock for Q3 2021, down 41% quarter-over-quarter.
- 47 funds opened new Canopy Growth positions in Q3 2021 and 66 closed out, a net change of -19 holders.
- The largest Canopy Growth buyer in Q3 2021 was Renaissance Technologies, an estimated $24.1M added.
- The largest Canopy Growth seller in Q3 2021 was Contrarius Investment Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q3 2021.