CI Financial Corp.
CIXX
CIXX was delisted on the 19th of January, 2023.
107 hedge funds and large institutions have $1.87B invested in CI Financial Corp. in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 50 reducing their positions, and 7 closing their positions.
297% more call options, than puts
Call options by funds: $14.6M | Put options by funds: $3.67M
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
16% more capital invested
Capital invested by funds: $1.62B → $1.87B (+$257M)
4% more funds holding
Funds holding: 103 → 107 (+4)
40% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$88.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.1M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$14.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.5M |
| 5 |
LOAMS
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$28.9M |
| 2 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
-$12.9M |
| 3 |
Renaissance Technologies
New York
|
-$12.1M |
| 4 |
D.E. Shaw & Co
New York
|
-$9.77M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$9.42M |
CIXX Hedge Fund Activity: Q3 2021 in Review
107 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CI Financial Corp. (CIXX) for Q3 2021, worth a combined $1.87B — up 16% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CIXX positions and 7 closed out — a net gain of 6 holders — while 30 added to existing stakes and 50 trimmed.
The largest buyer was K2 Principal Fund, adding an estimated $88.5M. The largest seller was Mackenzie Financial, cutting an estimated $28.9M.
- 107 institutional investors held CI Financial Corp. (CIXX) as of Q3 2021, up from 103 in Q2 2021.
- Funds reported $1.87B of CI Financial Corp. stock for Q3 2021, up 16% quarter-over-quarter.
- 13 funds opened new CI Financial Corp. positions in Q3 2021 and 7 closed out, a net change of +6 holders.
- The largest CI Financial Corp. buyer in Q3 2021 was K2 Principal Fund, an estimated $88.5M added.
- The largest CI Financial Corp. seller in Q3 2021 was Mackenzie Financial, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2021.