Convergys
CVG
CVG was delisted on the 4th of October, 2018.
215 hedge funds and large institutions have $2.16B invested in Convergys in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 69 increasing their positions, 77 reducing their positions, and 18 closing their positions.
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
5% more funds holding
Funds holding: 205 → 215 (+10)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $2.19B → $2.16B (-$28.7M)
10% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$43.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$25.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$20.7M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$16.1M |
| 5 |
QI
QS Investors
New York
|
+$8.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$25.4M |
| 2 |
RA
Royce & Associates
New York
|
-$19.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$14M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$13M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
226
Capstone Asset Management
Houston,
Texas
| – | -$246K | -11,228 | Closed |
|
|
SCA
227
SAC Capital Advisors
Stamford,
Connecticut
| – | -$211K | -9,633 | Closed |
|
228
Two Sigma Advisers
New York
| – | -$209K | -9,536 | Closed |
|
|
RNS
229
Robert N. Shapiro
| – | -$101K | -4,610 | Closed |
|
230
Citadel Advisors
Miami,
Florida
| – | -$2.69K | -124 | Closed |
|
231
Creative Planning
Overland Park,
Kansas
| – | -$1K | -26 | Closed |
|
CVG Hedge Fund Activity: Q2 2014 in Review
215 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q2 2014, worth a combined $2.16B — down 1.3% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CVG positions and 18 closed out — a net gain of 11 holders — while 69 added to existing stakes and 77 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $43.4M. The largest seller was AllianceBernstein, cutting an estimated $25.4M.
- 215 institutional investors held Convergys (CVG) as of Q2 2014, up from 205 in Q1 2014.
- Funds reported $2.16B of Convergys stock for Q2 2014, down 1.3% quarter-over-quarter.
- 29 funds opened new Convergys positions in Q2 2014 and 18 closed out, a net change of +11 holders.
- The largest Convergys buyer in Q2 2014 was Acadian Asset Management, an estimated $43.4M added.
- The largest Convergys seller in Q2 2014 was AllianceBernstein, an estimated $25.4M sold.
Based on aggregated 13F filings for Q2 2014.