Concentrix
CNXC
324 hedge funds and large institutions have $4.93B invested in Concentrix in 2023 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 104 increasing their positions, 108 reducing their positions, and 37 closing their positions.
19% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 37
3.2% more ownership
Funds ownership: 74.71% → 77.91% (+3.2%)
1% more funds holding
Funds holding: 321 → 324 (+3)
4% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 108
4% less capital invested
Capital invested by funds: $5.13B → $4.93B (-$195M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less call options, than puts
Call options by funds: $17.4M | Put options by funds: $25.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Impactive Capital
New York City,
New York
|
+$180M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$27.3M |
| 4 |
LAM
Lyrical Asset Management
New York
|
+$22.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$84.7M |
| 2 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
-$48.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$27.7M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$21.3M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$18M |
CNXC Hedge Fund Activity: Q1 2023 in Review
324 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Concentrix (CNXC) for Q1 2023, worth a combined $4.93B — down 3.8% from $5.13B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CNXC positions and 37 closed out — a net gain of 7 holders — while 104 added to existing stakes and 108 trimmed.
The largest buyer was Impactive Capital, adding an estimated $180M. The largest seller was Boston Partners, cutting an estimated $84.7M.
- 324 institutional investors held Concentrix (CNXC) as of Q1 2023, up from 321 in Q4 2022.
- Funds reported $4.93B of Concentrix stock for Q1 2023, down 3.8% quarter-over-quarter.
- 44 funds opened new Concentrix positions in Q1 2023 and 37 closed out, a net change of +7 holders.
- The largest Concentrix buyer in Q1 2023 was Impactive Capital, an estimated $180M added.
- The largest Concentrix seller in Q1 2023 was Boston Partners, an estimated $84.7M sold.
Based on aggregated 13F filings for Q1 2023.