Concentrix
CNXC
316 hedge funds and large institutions have $5.82B invested in Concentrix in 2021 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 73 increasing their positions, 112 reducing their positions, and 43 closing their positions.
600% more funds holding in top 10
Funds holding in top 10: 1 → 7 (+6)
392% more call options, than puts
Call options by funds: $7.72M | Put options by funds: $1.57M
63% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 43
55% more capital invested
Capital invested by funds: $3.76B → $5.82B (+$2.06B)
9% more funds holding
Funds holding: 290 → 316 (+26)
2.02% more ownership
Funds ownership: 74.11% → 76.13% (+2%)
35% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$96.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$92.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$62.2M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$36.3M |
| 5 |
BlackRock
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$122M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$29.7M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$22.5M |
| 4 |
Select Equity Group
New York
|
-$21.5M |
| 5 |
Morgan Stanley
New York
|
-$16.4M |
CNXC Hedge Fund Activity: Q1 2021 in Review
316 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Concentrix (CNXC) for Q1 2021, worth a combined $5.82B — up 55% from $3.76B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new CNXC positions and 43 closed out — a net gain of 27 holders — while 73 added to existing stakes and 112 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $96.9M. The largest seller was JP Morgan Chase, cutting an estimated $122M.
- 316 institutional investors held Concentrix (CNXC) as of Q1 2021, up from 290 in Q4 2020.
- Funds reported $5.82B of Concentrix stock for Q1 2021, up 55% quarter-over-quarter.
- 70 funds opened new Concentrix positions in Q1 2021 and 43 closed out, a net change of +27 holders.
- The largest Concentrix buyer in Q1 2021 was Fidelity Investments, an estimated $96.9M added.
- The largest Concentrix seller in Q1 2021 was JP Morgan Chase, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2021.