Cronos Group
CRON
244 hedge funds and large institutions have $256M invested in Cronos Group in 2020 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 52 increasing their positions, 65 reducing their positions, and 33 closing their positions.
21% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 33
2% more funds holding
Funds holding: 239 → 244 (+5)
1.36% less ownership
Funds ownership: 13.59% → 12.22% (-1.4%)
6% less capital invested
Capital invested by funds: $272M → $256M (-$15.6M)
16% less call options, than puts
Call options by funds: $36M | Put options by funds: $42.9M
20% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 65
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.54M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.22M |
| 3 |
Man Group
London,
United Kingdom
|
+$4.24M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.89M |
| 5 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$29.1M |
| 2 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$12.1M |
| 3 |
Goldman Sachs
New York
|
-$3.91M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.75M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.81M |
CRON Hedge Fund Activity: Q2 2020 in Review
244 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cronos Group (CRON) for Q2 2020, worth a combined $256M — down 5.7% from $272M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CRON positions and 33 closed out — a net gain of 7 holders — while 52 added to existing stakes and 65 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $6.54M. The largest seller was Vanguard Group, cutting an estimated $29.1M.
- 244 institutional investors held Cronos Group (CRON) as of Q2 2020, up from 239 in Q1 2020.
- Funds reported $256M of Cronos Group stock for Q2 2020, down 5.7% quarter-over-quarter.
- 40 funds opened new Cronos Group positions in Q2 2020 and 33 closed out, a net change of +7 holders.
- The largest Cronos Group buyer in Q2 2020 was Fidelity Investments, an estimated $6.54M added.
- The largest Cronos Group seller in Q2 2020 was Vanguard Group, an estimated $29.1M sold.
Based on aggregated 13F filings for Q2 2020.