Concordia International Corp. Common Stock
CXRX
CXRX was delisted on the 7th of June, 2018.
70 hedge funds and large institutions have $88.2M invested in Concordia International Corp. Common Stock in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 32 closing their positions.
8% less funds holding
Funds holding: 76 → 70 (-6)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
19% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 32
55% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $2.92M
77% less capital invested
Capital invested by funds: $387M → $88.2M (-$299M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$44M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$19.5M |
| 3 |
Renaissance Technologies
New York
|
+$8.45M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.72M |
| 5 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$5.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$20.5M |
| 2 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$14.6M |
| 3 |
HP
HealthInvest Partners
Stockholm,
Sweden
|
-$11.7M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$8.84M |
| 5 |
VM
Valinor Management
New York
|
-$8.57M |
CXRX Hedge Fund Activity: Q3 2016 in Review
70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Concordia International Corp. Common Stock (CXRX) for Q3 2016, worth a combined $88.2M — down 77% from $387M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CXRX and 26 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Point72 Asset Management, adding an estimated $44M. The largest seller was Montrusco Bolton Investments, cutting an estimated $20.5M.
- 70 institutional investors held Concordia International Corp. Common Stock (CXRX) as of Q3 2016, down from 76 in Q2 2016.
- Funds reported $88.2M of Concordia International Corp. Common Stock stock for Q3 2016, down 77% quarter-over-quarter.
- 26 funds opened new Concordia International Corp. Common Stock positions in Q3 2016 and 32 closed out, a net change of -6 holders.
- The largest Concordia International Corp. Common Stock buyer in Q3 2016 was Point72 Asset Management, an estimated $44M added.
- The largest Concordia International Corp. Common Stock seller in Q3 2016 was Montrusco Bolton Investments, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2016.