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Concentrix

318 hedge funds and large institutions have $3.36B invested in Concentrix in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 118 increasing their positions, 99 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more call options, than puts

Call options by funds: $37.5M | Put options by funds: $14.4M

19% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 99

2.17% more ownership

Funds ownership: 77.91%80.09% (+2.2%)

9% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 53

2% less funds holding

Funds holding: 325318 (-7)

32% less capital invested

Capital invested by funds: $4.93B → $3.36B (-$1.57B)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
318
Holders Change
-7
Holders Change %
-2.15%
% of All Funds
4.99%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
48
Increased
118
Reduced
99
Closed
53
Calls
$37.5M
Puts
$14.4M
Net Calls
+$23.1M
Net Calls Change
+$31.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$590M -$54.3M -580,323 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$344M +$1.74M +18,635 +0.4%
BlackRock
3
BlackRock
New York
$300M -$8.16M -87,213 -2%
Capital International Investors
4
Capital International Investors
California
$256M -$70.2M -750,560 -19%
IC
5
Impactive Capital
New York
$202M +$79.5M +849,567 +51%
Fidelity International
6
Fidelity International
Bermuda
$168M +$51.7M +552,783 +36%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$111M +$4.15M +44,342 +3%
State Street
8
State Street
Massachusetts
$96.5M +$786K +8,405 +0.7%
LAM
9
Lyrical Asset Management
New York
$67.3M -$5.58M -59,646 -7%
SAM
10
Silvercrest Asset Management
New York
$66.9M -$899K -9,609 -1%
Boston Partners
11
Boston Partners
Massachusetts
$55.7M -$4.2M -44,931 -6%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$54.5M -$626K -6,693 -1%
Principal Financial Group
13
Principal Financial Group
Iowa
$52.9M -$611K -6,538 -1%
Macquarie Group
14
Macquarie Group
Australia
$47M +$4.03M +43,125 +8%
Citadel Advisors
15
Citadel Advisors
Florida
$40.6M +$46.7M +499,680 +14,858%
Norges Bank
16
Norges Bank
Norway
$37.8M +$8.93M +95,528 +26%
CCM
17
Causeway Capital Management
California
$37.1M -$15.6M -166,750 -27%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$35.1M -$2.57M -27,479 -6%
Prudential Financial
19
Prudential Financial
New Jersey
$31.7M +$31.6M +338,210 +625%
Pacer Advisors
20
Pacer Advisors
Pennsylvania
$30.3M +$35.1M +375,046 New
PIM
21
Provident Investment Management
Michigan
$29M +$577K +6,173 +2%
Allspring Global Investments
22
Allspring Global Investments
North Carolina
$28.8M +$9.47M +101,290 +40%
Northern Trust
23
Northern Trust
Illinois
$26.5M +$85.6K +915 +0.3%
Goldman Sachs
24
Goldman Sachs
New York
$25.8M +$18.6M +199,018 +165%
AQR Capital Management
25
AQR Capital Management
Connecticut
$24.5M +$17.2M +184,208 +154%

CNXC Hedge Fund Activity: Q2 2023 in Review

318 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Concentrix (CNXC) for Q2 2023, worth a combined $3.36B — down 32% from $4.93B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of CNXC and 48 opened new positions — a net loss of 5 holders — while 99 trimmed existing stakes and 118 added.

The largest buyer was Impactive Capital, adding an estimated $79.5M. The largest seller was Wellington Management Group, cutting an estimated $71.4M.

  • 318 institutional investors held Concentrix (CNXC) as of Q2 2023, down from 325 in Q1 2023.
  • Funds reported $3.36B of Concentrix stock for Q2 2023, down 32% quarter-over-quarter.
  • 48 funds opened new Concentrix positions in Q2 2023 and 53 closed out, a net change of -5 holders.
  • The largest Concentrix buyer in Q2 2023 was Impactive Capital, an estimated $79.5M added.
  • The largest Concentrix seller in Q2 2023 was Wellington Management Group, an estimated $71.4M sold.

Based on aggregated 13F filings for Q2 2023.