Consensus Cloud Solutions
CCSI
152 hedge funds and large institutions have $648M invested in Consensus Cloud Solutions in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 47 increasing their positions, 61 reducing their positions, and 34 closing their positions.
1,512% more call options, than puts
Call options by funds: $5.93M | Put options by funds: $368K
2.37% more ownership
Funds ownership: 94.03% → 96.4% (+2.4%)
15% less funds holding
Funds holding: 178 → 152 (-26)
23% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 61
34% less capital invested
Capital invested by funds: $980M → $648M (-$332M)
71% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$37M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$22.2M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$12.5M |
| 4 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$5.58M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.3M |
| 2 |
CC
Chicago Capital
Chicago,
Illinois
|
-$13.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.84M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$4.45M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$4.34M |
CCSI Hedge Fund Activity: Q1 2023 in Review
152 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Consensus Cloud Solutions (CCSI) for Q1 2023, worth a combined $648M — down 34% from $980M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CCSI and 10 opened new positions — a net loss of 24 holders — while 61 trimmed existing stakes and 47 added.
The largest buyer was Gates Capital Management, adding an estimated $37M. The largest seller was Wellington Management Group, exiting entirely with an estimated $29.3M sold.
- 152 institutional investors held Consensus Cloud Solutions (CCSI) as of Q1 2023, down from 178 in Q4 2022.
- Funds reported $648M of Consensus Cloud Solutions stock for Q1 2023, down 34% quarter-over-quarter.
- 10 funds opened new Consensus Cloud Solutions positions in Q1 2023 and 34 closed out, a net change of -24 holders.
- The largest Consensus Cloud Solutions buyer in Q1 2023 was Gates Capital Management, an estimated $37M added.
- The largest Consensus Cloud Solutions seller in Q1 2023 was Wellington Management Group, an estimated $29.3M sold.
Based on aggregated 13F filings for Q1 2023.