Canopy Growth
CGC
321 hedge funds and large institutions have $32.7M invested in Canopy Growth in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 56 increasing their positions, 95 reducing their positions, and 51 closing their positions.
0.38% more ownership
Funds ownership: 1.04% → 1.42% (+0.38%)
6% less funds holding
Funds holding: 340 → 321 (-19)
27% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 51
32% less call options, than puts
Call options by funds: $2.81M | Put options by funds: $4.1M
41% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 95
64% less capital invested
Capital invested by funds: $90.3M → $32.7M (-$57.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$17.4M |
| 2 |
Two Sigma Investments
New York
|
+$8.34M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$6.57M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.86M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.53M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$1.1M |
| 3 |
HF
HRT Financial
New York
|
-$1.04M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$883K |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$518K |
CGC Hedge Fund Activity: Q2 2023 in Review
321 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q2 2023, worth a combined $32.7M — down 64% from $90.3M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CGC and 37 opened new positions — a net loss of 14 holders — while 95 trimmed existing stakes and 56 added.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $17.4M. The largest seller was Ameriprise, cutting an estimated $1.53M.
- 321 institutional investors held Canopy Growth (CGC) as of Q2 2023, down from 340 in Q1 2023.
- Funds reported $32.7M of Canopy Growth stock for Q2 2023, down 64% quarter-over-quarter.
- 37 funds opened new Canopy Growth positions in Q2 2023 and 51 closed out, a net change of -14 holders.
- The largest Canopy Growth buyer in Q2 2023 was Luxor Capital Group, an estimated $17.4M added.
- The largest Canopy Growth seller in Q2 2023 was Ameriprise, an estimated $1.53M sold.
Based on aggregated 13F filings for Q2 2023.