CI Financial Corp.
CIXX
CIXX was delisted on the 19th of January, 2023.
119 hedge funds and large institutions have $1.24B invested in CI Financial Corp. in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 18 closing their positions.
69% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $6.36M
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
1% less funds holding
Funds holding: 120 → 119 (-1)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
27% less capital invested
Capital invested by funds: $1.7B → $1.24B (-$463M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$28M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$18.1M |
| 3 |
Renaissance Technologies
New York
|
+$13.8M |
| 4 |
Morgan Stanley
New York
|
+$13.7M |
| 5 |
ECM
Engine Capital Management
New York
|
+$8.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$70.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$43.5M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$42.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.4M |
CIXX Hedge Fund Activity: Q1 2022 in Review
119 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in CI Financial Corp. (CIXX) for Q1 2022, worth a combined $1.24B — down 27% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CIXX and 17 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 46 added.
The largest buyer was AGF Investments Inc, adding an estimated $28M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $70.7M.
- 119 institutional investors held CI Financial Corp. (CIXX) as of Q1 2022, down from 120 in Q4 2021.
- Funds reported $1.24B of CI Financial Corp. stock for Q1 2022, down 27% quarter-over-quarter.
- 17 funds opened new CI Financial Corp. positions in Q1 2022 and 18 closed out, a net change of -1 holder.
- The largest CI Financial Corp. buyer in Q1 2022 was AGF Investments Inc, an estimated $28M added.
- The largest CI Financial Corp. seller in Q1 2022 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $70.7M sold.
Based on aggregated 13F filings for Q1 2022.