Cardlytics

CDLX • NASDAQ

Cardlytics is a advertising agencies company in the communication services sector on NASDAQ, led by Amit Gupta, with a market cap of $58.4M. As of Q3 2025, 43% of shares are held by 79 institutional investors, with CAS Investment Partners, LLC as the largest holder at 9.76%.

Chief Executive Officer and principal executive officerAmit Gupta

Market Cap$58.4M

Advertising Agencies

Communication Services

Employees444.0

Websitecardlytics.com

Country

United States of America

Overview

Overview of institutional ownership in CDLX as of Q3 2025 with a market cap of $129.4M

All Institutions

Institutions: 79
Value Held: $55.3M
Shares Held: 22.7M
Avg Position: $699.7K
Median Position: $104.4K

Hedge Funds

Hedge Funds: 13
Value Held: $23.5M
Shares Held: 9.7M
Avg Position: $1.8M
Median Position: $306.0K

Ownership Breakdown

Institutional (non-HF)

24.6%

$31.8M

Hedge Funds

18.13%

$23.5M

Retail & Other

57.27%

$74.1M

Based on market cap of $129.4M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CDLX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
CAS Investment Partners, LLC Hedge Fund•Value	Clifford A Sosin Managing Partner	$12.6M 0.56% of portfolio	9.76% 5.2M shares	Q2 2019 Held for 6y 5m	$2.2B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.8M 0.00% of portfolio	4.51% 2.4M shares	Q1 2018 Held for 7y 8m	$6.69T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$4.0M 0.00% of portfolio	3.07% 1.6M shares	Q1 2018 Held for 7y 8m	$1.33T
K KPS Global Asset Management UK Ltd Institution	-	$3.0M 0.38% of portfolio	2.29% 1.2M shares	Q1 2020 Held for 5y 8m	$789.0M
6 683 Capital Management, LLC Hedge Fund•Long/Short	Ari Jonathan Zweiman Managing Partner	$2.9M 0.27% of portfolio	2.21% 1.2M shares	Q2 2019 Held for 6y 5m	$1.1B
W WORLDLY PARTNERS MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Arvind Navaratnam Founder	$2.8M 1.68% of portfolio	2.18% 1.2M shares	Q4 2022 Held for 2y 11m	$167.5M
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	Patrick Farley Quinn CCO	$2.7M 0.20% of portfolio	2.07% 1.1M shares	Q1 2024 Held for 1y 8m	$1.4B
B BlackRock, Inc. Institution	-	$2.4M 0.00% of portfolio	1.82% 971.6K shares	Q1 2018 Held for 7y 8m	$5.67T
R RBF Capital, LLC Institution	-	$1.9M 0.09% of portfolio	1.50% 800.1K shares	Q1 2024 Held for 1y 8m	$2.2B
J JANE STREET GROUP, LLC Institution	-	$1.9M 0.00% of portfolio	1.50% 799.7K shares	Q3 2019 Held for 6y 2m	$84.1B

Net Capital Flow

Institutional buying and selling activity for CDLX in Q3 2025

Traded: −$1.2M
Buyers: 40
Sellers: 52
Total Bought: +$12.7M
Total Sold: −$13.9M
Avg Position: $498.0K

Biggest Buyers

Institution	Net Bought	Current Position
BANK OF AMERICA CORP /DE/ Institution	+$3.0M +1.2M shares	$4.0M 1.6M shares
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	+$2.4M +990.0K shares	$2.7M 1.1M shares
J JANE STREET GROUP, LLC Institution	+$1.5M +637.2K shares	$1.9M 799.7K shares
CITIZENS FINANCIAL GROUP INC/RI Institution	+$1.3M +518.7K shares	$1.3M 518.7K shares
UBS Group AG Institution	+$589.4K +242.5K shares	$1.1M 458.1K shares
S SIMPLEX TRADING, LLC Institution	+$444.2K +182.8K shares	$620.5K 255.3K shares
MORGAN STANLEY RIA/Wealth	+$395.3K +162.7K shares	$1.2M 488.1K shares
R ROYAL BANK OF CANADA Institution	+$389.2K +160.2K shares	$462.7K 190.4K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$322.9K +132.9K shares	$323.8K 133.3K shares
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	+$311.4K +128.1K shares	$311.4K 128.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
MIRABELLA FINANCIAL SERVICES LLP Institution	−$1.9M −1.2M shares	Sold Off 0 shares
L LPL Financial LLC Institution	−$1.4M −578.5K shares	$1.1M 470.1K shares
Lane Generational LLC RIA/Wealth	−$1.3M −780.1K shares	Sold Off 0 shares
6 683 Capital Management, LLC Hedge Fund•Long/Short	−$1.2M −475.0K shares	$2.9M 1.2M shares
CAS Investment Partners, LLC Hedge Fund•Value	−$1.0M −415.9K shares	$12.6M 5.2M shares
D D. E. Shaw & Co., Inc. Institution	−$1.0M −413.9K shares	$221.3K 91.1K shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	−$658.0K −400.0K shares	Sold Off 0 shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	−$594.6K −244.7K shares	$276.7K 113.9K shares
ACORN FINANCIAL ADVISORY SERVICES INC /ADV RIA/Wealth	−$497.6K −204.8K shares	$294.9K 121.4K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$443.7K −269.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CDLX in Q3 2025

New Positions: 13
New Value: $2.2M
Exited Positions: 31
Exited Value: $6.5M

New Positions

Institution	Position Value
CITIZENS FINANCIAL GROUP INC/RI Institution	$1.3M 518.7K shares
Private Advisor Group, LLC RIA/Wealth	$271.6K 111.8K shares
S Sender Co & Partners, Inc. Institution	$210.0K 86.4K shares
Voleon Capital Management LP Hedge Fund•Quant	$127.0K 52.3K shares
T THOMPSON DAVIS & CO., INC. Institution	$111.5K 45.4K shares
Lighthouse Investment Partners, LLC Fund of Funds	$88.8K 36.6K shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$74.5K 30.7K shares
JustInvest LLC Long Only Manager	$25.8K 10.6K shares
F FIFTH LANE CAPITAL, LP Institution	$24.3K 10.0K shares
B Bare Financial Services, Inc Institution	$1.2K 494.0 shares

Exited Positions

Institution	Previous Position
MIRABELLA FINANCIAL SERVICES LLP Institution	$1.9M 1.2M shares
Lane Generational LLC RIA/Wealth	$1.3M 780.1K shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	$658.0K 400.0K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	$443.7K 269.7K shares
BROOKTREE CAPITAL MANAGEMENT RIA/Wealth	$398.5K 242.2K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$239.3K 145.5K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$198.3K 120.6K shares
T TWO SIGMA SECURITIES, LLC Institution	$167.0K 101.5K shares
H HRT FINANCIAL LLC Institution	$159.3K 96.8K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$154.4K 93.9K shares

Options Activity

Institutions with the largest Call and Put options positions in CDLX as of Q3 2025

Call Positions: 6
Call Value: $4.1M
Put Positions: 7
Put Value: $2.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 6.5K contracts
Frigate Ventures LP RIA/Wealth	$1.4M 5.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$891.8K 3.7K contracts
W WOLVERINE TRADING, LLC Institution	$180.3K 683.0 contracts
J JANE STREET GROUP, LLC Institution	$33.0K 136.0 contracts
Walleye Trading LLC RIA/Wealth	$12.6K 52.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$929.7K 3.8K contracts
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$608.0K 2.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$425.7K 1.8K contracts
J JANE STREET GROUP, LLC Institution	$155.3K 639.0 contracts
W WOLVERINE TRADING, LLC Institution	$62.0K 235.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$24.3K 100.0 contracts
Walleye Trading LLC RIA/Wealth	$10.0K 41.0 contracts

Most Committed Institutions

Institutions with CDLX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W WORLDLY PARTNERS MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Arvind Navaratnam Founder	1.68% $2.8M	2.18% 1.2M shares	Q4 2022 Held for 2y 11m	$167.5M
CAS Investment Partners, LLC Hedge Fund•Value	Clifford A Sosin Managing Partner	0.56% $12.6M	9.76% 5.2M shares	Q2 2019 Held for 6y 5m	$2.2B
K KPS Global Asset Management UK Ltd Institution	-	0.38% $3.0M	2.29% 1.2M shares	Q1 2020 Held for 5y 8m	$789.0M
6 683 Capital Management, LLC Hedge Fund•Long/Short	Ari Jonathan Zweiman Managing Partner	0.27% $2.9M	2.21% 1.2M shares	Q2 2019 Held for 6y 5m	$1.1B
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	Patrick Farley Quinn CCO	0.20% $2.7M	2.07% 1.1M shares	Q1 2024 Held for 1y 8m	$1.4B
R RBF Capital, LLC Institution	-	0.09% $1.9M	1.50% 800.1K shares	Q1 2024 Held for 1y 8m	$2.2B
S Sender Co & Partners, Inc. Institution	-	0.08% $210.0K	0.16% 86.4K shares	Q3 2025 Held for 2 months	$256.4M
T THOMPSON DAVIS & CO., INC. Institution	-	0.07% $111.5K	0.09% 45.4K shares	Q3 2025 Held for 2 months	$162.0M
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	Joshua M Goldberg Managing Partner	0.07% $311.4K	0.24% 128.1K shares	Q3 2025 Held for 2 months	$467.4M
ACORN FINANCIAL ADVISORY SERVICES INC /ADV RIA/Wealth	James Michael Gambaccini CEO	0.05% $294.9K	0.23% 121.4K shares	Q1 2020 Held for 5y 8m	$646.9M

Hedge Fund Spotlight

Discover hedge funds investing in CDLX

Engineers Gate Manager LP

Hedge Fund • Quant

Portfolio ManagerRobert Gregory Eisner

Portfolio Value: $8.8B
Positions: 2,112
Last Reported: Q3 2025

Sector Allocation

Position in Cardlytics

Market Value: $29.0K
Shares Held: 11.9K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Invesco QQQ Trust QQQ	ETF ETF	$155.2M	1.77%
2 SPDR S&P 500 ETF Trust SPY	ETF ETF	$115.3M	1.32%
3 Sabra Healthcare SBRA	REIT - Healthcare Facilities Real Estate	$112.9M	1.29%