Canopy Growth
CGC
366 hedge funds and large institutions have $129M invested in Canopy Growth in 2022 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 87 increasing their positions, 91 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
70% more call options, than puts
Call options by funds: $26.9M | Put options by funds: $15.8M
64% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 44
6% more funds holding
Funds holding: 344 → 366 (+22)
0.47% less ownership
Funds ownership: 1.59% → 1.12% (-0.47%)
4% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 91
38% less capital invested
Capital invested by funds: $208M → $129M (-$79M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$21.6M |
| 2 |
Millennium Management
New York
|
+$16.9M |
| 3 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
+$5.09M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.71M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$53.9M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$29.9M |
| 3 |
Two Sigma Advisers
New York
|
-$6.77M |
| 4 |
Morgan Stanley
New York
|
-$5.06M |
| 5 |
JP Morgan Chase
New York
|
-$3.56M |
CGC Hedge Fund Activity: Q4 2022 in Review
366 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q4 2022, worth a combined $129M — down 38% from $208M a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new CGC positions and 44 closed out — a net gain of 28 holders — while 87 added to existing stakes and 91 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $21.6M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $53.9M sold.
- 366 institutional investors held Canopy Growth (CGC) as of Q4 2022, up from 344 in Q3 2022.
- Funds reported $129M of Canopy Growth stock for Q4 2022, down 38% quarter-over-quarter.
- 72 funds opened new Canopy Growth positions in Q4 2022 and 44 closed out, a net change of +28 holders.
- The largest Canopy Growth buyer in Q4 2022 was National Bank of Canada, an estimated $21.6M added.
- The largest Canopy Growth seller in Q4 2022 was Contrarius Investment Management, an estimated $53.9M sold.
Based on aggregated 13F filings for Q4 2022.