Connecture, Inc.
CNXR
CNXR was delisted on the 30th of October, 2017.
32 hedge funds and large institutions have $17M invested in Connecture, Inc. in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 14 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
26% less funds holding
Funds holding: 43 → 32 (-11)
73% less capital invested
Capital invested by funds: $63.1M → $17M (-$46.1M)
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPM
Francisco Partners Management
San Francisco,
California
|
+$4.15M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$411K |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$101K |
| 4 |
KP
Keel Point
Huntsville,
Alabama
|
+$76.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$50.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
-$41.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.65M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$306K |
| 4 |
Renaissance Technologies
New York
|
-$272K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$150K |
CNXR Hedge Fund Activity: Q3 2016 in Review
32 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Connecture, Inc. (CNXR) for Q3 2016, worth a combined $17M — down 73% from $63.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CNXR and 3 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Francisco Partners Management, adding an estimated $4.15M. The largest seller was Tiverton Asset Management, exiting entirely with an estimated $41.2M sold.
- 32 institutional investors held Connecture, Inc. (CNXR) as of Q3 2016, down from 43 in Q2 2016.
- Funds reported $17M of Connecture, Inc. stock for Q3 2016, down 73% quarter-over-quarter.
- 3 funds opened new Connecture, Inc. positions in Q3 2016 and 14 closed out, a net change of -11 holders.
- The largest Connecture, Inc. buyer in Q3 2016 was Francisco Partners Management, an estimated $4.15M added.
- The largest Connecture, Inc. seller in Q3 2016 was Tiverton Asset Management, an estimated $41.2M sold.
Based on aggregated 13F filings for Q3 2016.