CannTrust Holdings Inc. Common Share
CTST
CTST was delisted on the 30th of March, 2020.
80 hedge funds and large institutions have $37.6M invested in CannTrust Holdings Inc. Common Share in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 38 closing their positions.
98% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $532K
16% less funds holding
Funds holding: 95 → 80 (-15)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
39% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 38
74% less capital invested
Capital invested by funds: $147M → $37.6M (-$109M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$22.5M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$11.8M |
| 3 |
Goldman Sachs
New York
|
+$956K |
| 4 |
Two Sigma Investments
New York
|
+$789K |
| 5 |
SC
Sculptor Capital
New York
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.49M |
| 2 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$4.52M |
| 3 |
JAM
JW Asset Management
Miami Beach,
Florida
|
-$4.24M |
| 4 |
IM
Islet Management
New York
|
-$3.51M |
| 5 |
Millennium Management
New York
|
-$3.06M |
CTST Hedge Fund Activity: Q3 2019 in Review
80 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in CannTrust Holdings Inc. Common Share (CTST) for Q3 2019, worth a combined $37.6M — down 74% from $147M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CTST and 23 opened new positions — a net loss of 15 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was ETF Managers Group, adding an estimated $22.5M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $9.49M sold.
- 80 institutional investors held CannTrust Holdings Inc. Common Share (CTST) as of Q3 2019, down from 95 in Q2 2019.
- Funds reported $37.6M of CannTrust Holdings Inc. Common Share stock for Q3 2019, down 74% quarter-over-quarter.
- 23 funds opened new CannTrust Holdings Inc. Common Share positions in Q3 2019 and 38 closed out, a net change of -15 holders.
- The largest CannTrust Holdings Inc. Common Share buyer in Q3 2019 was ETF Managers Group, an estimated $22.5M added.
- The largest CannTrust Holdings Inc. Common Share seller in Q3 2019 was Polar Asset Management Partners, an estimated $9.49M sold.
Based on aggregated 13F filings for Q3 2019.