Cronos Group
CRON
239 hedge funds and large institutions have $272M invested in Cronos Group in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 57 increasing their positions, 61 reducing their positions, and 51 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3% more call options, than puts
Call options by funds: $46M | Put options by funds: $44.6M
7% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 61
1.03% less ownership
Funds ownership: 14.62% → 13.59% (-1%)
4% less funds holding
Funds holding: 250 → 239 (-11)
14% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 51
30% less capital invested
Capital invested by funds: $388M → $272M (-$116M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$9.73M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.85M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.66M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.25M |
| 5 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.59M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.42M |
| 4 |
BCP
Berylson Capital Partners
Boston,
Massachusetts
|
-$4.17M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.87M |
CRON Hedge Fund Activity: Q1 2020 in Review
239 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cronos Group (CRON) for Q1 2020, worth a combined $272M — down 30% from $388M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CRON and 44 opened new positions — a net loss of 7 holders — while 61 trimmed existing stakes and 57 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $9.73M. The largest seller was Morgan Stanley, cutting an estimated $10.9M.
- 239 institutional investors held Cronos Group (CRON) as of Q1 2020, down from 250 in Q4 2019.
- Funds reported $272M of Cronos Group stock for Q1 2020, down 30% quarter-over-quarter.
- 44 funds opened new Cronos Group positions in Q1 2020 and 51 closed out, a net change of -7 holders.
- The largest Cronos Group buyer in Q1 2020 was D.E. Shaw & Co, an estimated $9.73M added.
- The largest Cronos Group seller in Q1 2020 was Morgan Stanley, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2020.