Canopy Growth
CGC
228 hedge funds and large institutions have $76.9M invested in Canopy Growth in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 40 increasing their positions, 49 reducing their positions, and 43 closing their positions.
373% more capital invested
Capital invested by funds: $16.2M → $76.9M (+$60.7M)
339% more call options, than puts
Call options by funds: $176M | Put options by funds: $40.2M
5.99% more ownership
Funds ownership: 3.84% → 9.82% (+6%)
2% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 43
0% less funds holding
Funds holding: 229 → 228 (-1)
18% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$10.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.2M |
| 3 |
Jane Street
New York
|
+$4.38M |
| 4 |
Morgan Stanley
New York
|
+$1.62M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.38M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.11M |
| 3 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$640K |
| 4 |
AI
AXS Investments
Port Chester,
New York
|
-$514K |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
-$357K |
CGC Hedge Fund Activity: Q1 2024 in Review
228 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q1 2024, worth a combined $76.9M — up 373% from $16.2M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CGC positions and 43 closed out — a net gain of 1 holder — while 40 added to existing stakes and 49 trimmed.
The largest buyer was Tidal Investments, opening a new position worth an estimated $10.9M. The largest seller was Susquehanna International Group, cutting an estimated $1.38M.
- 228 institutional investors held Canopy Growth (CGC) as of Q1 2024, down from 229 in Q4 2023.
- Funds reported $76.9M of Canopy Growth stock for Q1 2024, up 373% quarter-over-quarter.
- 44 funds opened new Canopy Growth positions in Q1 2024 and 43 closed out, a net change of +1 holder.
- The largest Canopy Growth buyer in Q1 2024 was Tidal Investments, an estimated $10.9M added.
- The largest Canopy Growth seller in Q1 2024 was Susquehanna International Group, an estimated $1.38M sold.
Based on aggregated 13F filings for Q1 2024.