Concentrix
CNXC
297 hedge funds and large institutions have $3.3B invested in Concentrix in 2024 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 114 increasing their positions, 88 reducing their positions, and 44 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 88
16% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 44
2% more funds holding
Funds holding: 292 → 297 (+5)
1.24% more ownership
Funds ownership: 77.8% → 79.04% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $3.42B → $3.3B (-$115M)
29% less call options, than puts
Call options by funds: $22.2M | Put options by funds: $31.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$59.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$42.9M |
| 3 |
Pzena Investment Management
New York
|
+$28.3M |
| 4 |
LAM
Lyrical Asset Management
New York
|
+$25M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$135M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$25.2M |
| 4 |
ER
EVR Research
Richmond,
Virginia
|
-$15.9M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$11.2M |
CNXC Hedge Fund Activity: Q2 2024 in Review
297 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Concentrix (CNXC) for Q2 2024, worth a combined $3.3B — down 3.4% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CNXC positions and 44 closed out — a net gain of 7 holders — while 114 added to existing stakes and 88 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $59.5M. The largest seller was Capital International Investors, cutting an estimated $135M.
- 297 institutional investors held Concentrix (CNXC) as of Q2 2024, up from 292 in Q1 2024.
- Funds reported $3.3B of Concentrix stock for Q2 2024, down 3.4% quarter-over-quarter.
- 51 funds opened new Concentrix positions in Q2 2024 and 44 closed out, a net change of +7 holders.
- The largest Concentrix buyer in Q2 2024 was 1832 Asset Management, an estimated $59.5M added.
- The largest Concentrix seller in Q2 2024 was Capital International Investors, an estimated $135M sold.
Based on aggregated 13F filings for Q2 2024.