Concentrix
CNXC
311 hedge funds and large institutions have $4.48B invested in Concentrix in 2022 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 109 increasing their positions, 103 reducing their positions, and 46 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 103
0.57% less ownership
Funds ownership: 77.67% → 77.1% (-0.57%)
4% less funds holding
Funds holding: 324 → 311 (-13)
19% less capital invested
Capital invested by funds: $5.53B → $4.48B (-$1.05B)
24% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 46
31% less call options, than puts
Call options by funds: $25.9M | Put options by funds: $37.4M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBC
Tweedy, Browne Co
Stamford,
Connecticut
|
+$52.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$34.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$34M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$26.5M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$174M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$51.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$19.2M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$16M |
CNXC Hedge Fund Activity: Q3 2022 in Review
311 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Concentrix (CNXC) for Q3 2022, worth a combined $4.48B — down 19% from $5.53B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CNXC and 35 opened new positions — a net loss of 11 holders — while 103 trimmed existing stakes and 109 added.
The largest buyer was Tweedy, Browne Co, adding an estimated $52.7M. The largest seller was Ninety One (UK), cutting an estimated $174M.
- 311 institutional investors held Concentrix (CNXC) as of Q3 2022, down from 324 in Q2 2022.
- Funds reported $4.48B of Concentrix stock for Q3 2022, down 19% quarter-over-quarter.
- 35 funds opened new Concentrix positions in Q3 2022 and 46 closed out, a net change of -11 holders.
- The largest Concentrix buyer in Q3 2022 was Tweedy, Browne Co, an estimated $52.7M added.
- The largest Concentrix seller in Q3 2022 was Ninety One (UK), an estimated $174M sold.
Based on aggregated 13F filings for Q3 2022.