Concentrix
CNXC
316 hedge funds and large institutions have $3.36B invested in Concentrix in 2023 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 118 increasing their positions, 98 reducing their positions, and 53 closing their positions.
160% more call options, than puts
Call options by funds: $37.5M | Put options by funds: $14.4M
20% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 98
2.03% more ownership
Funds ownership: 77.91% → 79.94% (+2%)
2% less funds holding
Funds holding: 324 → 316 (-8)
11% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 53
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: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Impactive Capital
New York City,
New York
|
+$79.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$51.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$46.7M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$35.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$31.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.4M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$70.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.3M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$31.2M |
| 5 |
GC
Greenlight Capital
New York
|
-$25.3M |
CNXC Hedge Fund Activity: Q2 2023 in Review
316 of the 6,383 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 47 opened new positions — a net loss of 6 holders — while 98 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.
- 316 institutional investors held Concentrix (CNXC) as of Q2 2023, down from 324 in Q1 2023.
- Funds reported $3.36B of Concentrix stock for Q2 2023, down 32% quarter-over-quarter.
- 47 funds opened new Concentrix positions in Q2 2023 and 53 closed out, a net change of -6 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.