Cronos Group
CRON
228 hedge funds and large institutions have $208M invested in Cronos Group in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 44 increasing their positions, 58 reducing their positions, and 46 closing their positions.
0.32% less ownership
Funds ownership: 12.22% → 11.9% (-0.32%)
7% less funds holding
Funds holding: 244 → 228 (-16)
19% less capital invested
Capital invested by funds: $256M → $208M (-$47.8M)
24% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 58
33% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 46
36% less call options, than puts
Call options by funds: $21.3M | Put options by funds: $33.3M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$6.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.9M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.58M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$1.15M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$10.1M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$4.55M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.99M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$1.49M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.25M |
CRON Hedge Fund Activity: Q3 2020 in Review
228 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cronos Group (CRON) for Q3 2020, worth a combined $208M — down 19% from $256M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CRON and 31 opened new positions — a net loss of 15 holders — while 58 trimmed existing stakes and 44 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $6.09M. The largest seller was D.E. Shaw & Co, cutting an estimated $10.1M.
- 228 institutional investors held Cronos Group (CRON) as of Q3 2020, down from 244 in Q2 2020.
- Funds reported $208M of Cronos Group stock for Q3 2020, down 19% quarter-over-quarter.
- 31 funds opened new Cronos Group positions in Q3 2020 and 46 closed out, a net change of -15 holders.
- The largest Cronos Group buyer in Q3 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $6.09M added.
- The largest Cronos Group seller in Q3 2020 was D.E. Shaw & Co, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2020.