Convergys
CVG
CVG was delisted on the 4th of October, 2018.
269 hedge funds and large institutions have $2.26B invested in Convergys in 2017 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 84 increasing their positions, 94 reducing their positions, and 24 closing their positions.
368% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $293K
92% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 24
8% more funds holding
Funds holding: 248 → 269 (+21)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $2.51B → $2.26B (-$247M)
11% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$112M |
| 2 |
D.E. Shaw & Co
New York
|
+$11.3M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$9.32M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$7.41M |
| 5 |
JP Morgan Chase
New York
|
+$6.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$52.6M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$18.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$16.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$13.6M |
| 5 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$13.4M |
CVG Hedge Fund Activity: Q4 2017 in Review
269 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q4 2017, worth a combined $2.26B — down 9.9% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CVG positions and 24 closed out — a net gain of 22 holders — while 84 added to existing stakes and 94 trimmed.
The largest buyer was Elliott Management, opening a new position worth an estimated $112M. The largest seller was Credit Suisse, cutting an estimated $52.6M.
- 269 institutional investors held Convergys (CVG) as of Q4 2017, up from 248 in Q3 2017.
- Funds reported $2.26B of Convergys stock for Q4 2017, down 9.9% quarter-over-quarter.
- 46 funds opened new Convergys positions in Q4 2017 and 24 closed out, a net change of +22 holders.
- The largest Convergys buyer in Q4 2017 was Elliott Management, an estimated $112M added.
- The largest Convergys seller in Q4 2017 was Credit Suisse, an estimated $52.6M sold.
Based on aggregated 13F filings for Q4 2017.