Canopy Growth
CGC
229 hedge funds and large institutions have $16.2M invested in Canopy Growth in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 45 increasing their positions, 90 reducing their positions, and 122 closing their positions.
281% more call options, than puts
Call options by funds: $71M | Put options by funds: $18.7M
3.06% more ownership
Funds ownership: 0.77% → 3.84% (+3.1%)
29% less funds holding
Funds holding: 322 → 229 (-93)
50% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 90
73% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 122
74% less capital invested
Capital invested by funds: $61.4M → $16.2M (-$45.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$782K |
| 2 |
CCM
Connective Capital Management
Palo Alto,
California
|
+$747K |
| 3 |
Jane Street
New York
|
+$688K |
| 4 |
Renaissance Technologies
New York
|
+$409K |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.52M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$869K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$820K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$523K |
CGC Hedge Fund Activity: Q4 2023 in Review
229 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q4 2023, worth a combined $16.2M — down 74% from $61.4M a quarter earlier.
Sellers outnumbered buyers: 122 funds closed out of CGC and 33 opened new positions — a net loss of 89 holders — while 90 trimmed existing stakes and 45 added.
The largest buyer was Susquehanna International Group, adding an estimated $782K. The largest seller was Lord, Abbett & Co, cutting an estimated $10.5M.
- 229 institutional investors held Canopy Growth (CGC) as of Q4 2023, down from 322 in Q3 2023.
- Funds reported $16.2M of Canopy Growth stock for Q4 2023, down 74% quarter-over-quarter.
- 33 funds opened new Canopy Growth positions in Q4 2023 and 122 closed out, a net change of -89 holders.
- The largest Canopy Growth buyer in Q4 2023 was Susquehanna International Group, an estimated $782K added.
- The largest Canopy Growth seller in Q4 2023 was Lord, Abbett & Co, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2023.