Concordia International Corp. Common Stock
CXRX
CXRX was delisted on the 7th of June, 2018.
80 hedge funds and large institutions have $467M invested in Concordia International Corp. Common Stock in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 25 closing their positions.
82% more call options, than puts
Call options by funds: $7.91M | Put options by funds: $4.34M
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
17% less funds holding
Funds holding: 96 → 80 (-16)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
37% less capital invested
Capital invested by funds: $739M → $467M (-$272M)
64% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$60.1M |
| 2 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$20.5M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$13.5M |
| 4 |
TAM
Taylor Asset Management
Toronto,
Ontario, Canada
|
+$8.02M |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$21.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$19.6M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$17.4M |
| 4 |
GP
GLG Partners
London,
United Kingdom
|
-$13.3M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
-$11.5M |
CXRX Hedge Fund Activity: Q1 2016 in Review
80 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Concordia International Corp. Common Stock (CXRX) for Q1 2016, worth a combined $467M — down 37% from $739M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CXRX and 9 opened new positions — a net loss of 16 holders — while 29 trimmed existing stakes and 32 added.
The largest buyer was Kohlberg Kravis Roberts & Co, adding an estimated $60.1M. The largest seller was Canada Life, cutting an estimated $21.5M.
- 80 institutional investors held Concordia International Corp. Common Stock (CXRX) as of Q1 2016, down from 96 in Q4 2015.
- Funds reported $467M of Concordia International Corp. Common Stock stock for Q1 2016, down 37% quarter-over-quarter.
- 9 funds opened new Concordia International Corp. Common Stock positions in Q1 2016 and 25 closed out, a net change of -16 holders.
- The largest Concordia International Corp. Common Stock buyer in Q1 2016 was Kohlberg Kravis Roberts & Co, an estimated $60.1M added.
- The largest Concordia International Corp. Common Stock seller in Q1 2016 was Canada Life, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2016.