Canopy Growth
CGC
344 hedge funds and large institutions have $208M invested in Canopy Growth in 2022 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 90 increasing their positions, 81 reducing their positions, and 50 closing their positions.
68% more call options, than puts
Call options by funds: $31.7M | Put options by funds: $18.9M
38% more capital invested
Capital invested by funds: $151M → $208M (+$57.5M)
11% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 81
0.35% more ownership
Funds ownership: 1.24% → 1.59% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 367 → 344 (-23)
32% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$60.9M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$9.58M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.58M |
| 4 |
Two Sigma Advisers
New York
|
+$5.3M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.24M |
| 2 |
D.E. Shaw & Co
New York
|
-$3.61M |
| 3 |
DIG
DeepCurrents Investment Group
New York
|
-$3.22M |
| 4 |
Goldman Sachs
New York
|
-$2.66M |
| 5 |
AFA
AllGen Financial Advisors
Orlando,
Florida
|
-$2.4M |
CGC Hedge Fund Activity: Q3 2022 in Review
344 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q3 2022, worth a combined $208M — up 38% from $151M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CGC and 34 opened new positions — a net loss of 16 holders — while 81 trimmed existing stakes and 90 added.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $60.9M. The largest seller was Bank of America, cutting an estimated $5.24M.
- 344 institutional investors held Canopy Growth (CGC) as of Q3 2022, down from 367 in Q2 2022.
- Funds reported $208M of Canopy Growth stock for Q3 2022, up 38% quarter-over-quarter.
- 34 funds opened new Canopy Growth positions in Q3 2022 and 50 closed out, a net change of -16 holders.
- The largest Canopy Growth buyer in Q3 2022 was Contrarius Investment Management, an estimated $60.9M added.
- The largest Canopy Growth seller in Q3 2022 was Bank of America, an estimated $5.24M sold.
Based on aggregated 13F filings for Q3 2022.