Canopy Growth
CGC
322 hedge funds and large institutions have $61.4M invested in Canopy Growth in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 66 increasing their positions, 69 reducing their positions, and 43 closing their positions.
88% more capital invested
Capital invested by funds: $32.7M → $61.4M (+$28.7M)
25% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $11.9M
12% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 43
0% more funds holding
Funds holding: 321 → 322 (+1)
0.65% less ownership
Funds ownership: 1.42% → 0.77% (-0.65%)
4% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.53M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.06M |
| 4 |
Jane Street
New York
|
+$1.03M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$6.42M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.26M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$4.01M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.69M |
| 5 |
Two Sigma Investments
New York
|
-$3.08M |
CGC Hedge Fund Activity: Q3 2023 in Review
322 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q3 2023, worth a combined $61.4M — up 88% from $32.7M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CGC positions and 43 closed out — a net gain of 5 holders — while 66 added to existing stakes and 69 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $14.2M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $6.42M sold.
- 322 institutional investors held Canopy Growth (CGC) as of Q3 2023, up from 321 in Q2 2023.
- Funds reported $61.4M of Canopy Growth stock for Q3 2023, up 88% quarter-over-quarter.
- 48 funds opened new Canopy Growth positions in Q3 2023 and 43 closed out, a net change of +5 holders.
- The largest Canopy Growth buyer in Q3 2023 was Lord, Abbett & Co, an estimated $14.2M added.
- The largest Canopy Growth seller in Q3 2023 was Luxor Capital Group, an estimated $6.42M sold.
Based on aggregated 13F filings for Q3 2023.