Concentrix
CNXC
321 hedge funds and large institutions have $5.13B invested in Concentrix in 2022 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 98 increasing their positions, 102 reducing their positions, and 33 closing their positions.
61% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 33
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3% more funds holding
Funds holding: 311 → 321 (+10)
4% more capital inflows, than outflows
Capital inflows: $290M | Capital outflows: $280M
4% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 102
2.39% less ownership
Funds ownership: 77.1% → 74.71% (-2.4%)
33% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $19.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lyrical Asset Management
New York
|
+$88.4M |
| 2 |
IC
Impactive Capital
New York City,
New York
|
+$40M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$24M |
| 4 |
BlackRock
New York
|
+$17.9M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$29.4M |
| 2 |
TBC
Tweedy, Browne Co
Stamford,
Connecticut
|
-$27.5M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$23.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$21.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$18.2M |
CNXC Hedge Fund Activity: Q4 2022 in Review
321 of the 6,241 institutional investors tracked by Wall St. Rank reported a position in Concentrix (CNXC) for Q4 2022, worth a combined $5.13B — up 14% from $4.48B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CNXC positions and 33 closed out — a net gain of 20 holders — while 98 added to existing stakes and 102 trimmed.
The largest buyer was Lyrical Asset Management, opening a new position worth an estimated $88.4M. The largest seller was Victory Capital Management, cutting an estimated $29.4M.
- 321 institutional investors held Concentrix (CNXC) as of Q4 2022, up from 311 in Q3 2022.
- Funds reported $5.13B of Concentrix stock for Q4 2022, up 14% quarter-over-quarter.
- 53 funds opened new Concentrix positions in Q4 2022 and 33 closed out, a net change of +20 holders.
- The largest Concentrix buyer in Q4 2022 was Lyrical Asset Management, an estimated $88.4M added.
- The largest Concentrix seller in Q4 2022 was Victory Capital Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q4 2022.