Canopy Growth
CGC
231 hedge funds and large institutions have $43.5M invested in Canopy Growth in 2024 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 54 increasing their positions, 36 reducing their positions, and 32 closing their positions.
177% more call options, than puts
Call options by funds: $123M | Put options by funds: $44.2M
50% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 36
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
1% more funds holding
Funds holding: 228 → 231 (+3)
0.94% less ownership
Funds ownership: 9.82% → 8.88% (-0.94%)
43% less capital invested
Capital invested by funds: $76.9M → $43.5M (-$33.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$3.26M |
| 2 |
Two Sigma Advisers
New York
|
+$1.93M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.78M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.77M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.83M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.31M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.28M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$3.14M |
| 5 |
Millennium Management
New York
|
-$1.69M |
CGC Hedge Fund Activity: Q2 2024 in Review
231 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Canopy Growth (CGC) for Q2 2024, worth a combined $43.5M — down 43% from $76.9M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CGC positions and 32 closed out — a net gain of 6 holders — while 54 added to existing stakes and 36 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $3.26M. The largest seller was Jane Street, cutting an estimated $9.83M.
- 231 institutional investors held Canopy Growth (CGC) as of Q2 2024, up from 228 in Q1 2024.
- Funds reported $43.5M of Canopy Growth stock for Q2 2024, down 43% quarter-over-quarter.
- 38 funds opened new Canopy Growth positions in Q2 2024 and 32 closed out, a net change of +6 holders.
- The largest Canopy Growth buyer in Q2 2024 was Two Sigma Investments, an estimated $3.26M added.
- The largest Canopy Growth seller in Q2 2024 was Jane Street, an estimated $9.83M sold.
Based on aggregated 13F filings for Q2 2024.