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CVG

Convergys
CVG

Delisted

CVG was delisted on the 4th of October, 2018.

236 hedge funds and large institutions have $2.05B invested in Convergys in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 68 increasing their positions, 83 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

8% less funds holding

Funds holding: 256236 (-20)

12% less capital invested

Capital invested by funds: $2.32B → $2.05B (-$267M)

18% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 83

31% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 52

56% less call options, than puts

Call options by funds: $728K | Put options by funds: $1.66M

Holders
236
Holders Change
-20
Holders Change %
-7.81%
% of All Funds
5.4%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.11%
New
36
Increased
68
Reduced
83
Closed
52
Calls
$728K
Puts
$1.66M
Net Calls
-$929K
Net Calls Change
+$1.03M
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
26
SG Americas Securities
New York
$16.7M +$16.9M +683,826 +3,584%
PPA
27
Parametric Portfolio Associates
Washington
$15.1M +$845K +34,178 +6%
UOC
28
UBS O'Connor
Illinois
$14.9M +$15.5M +628,939 New
LP
29
LMR Partners
United Kingdom
$14.5M +$15.1M +609,600 New
Charles Schwab
30
Charles Schwab
California
$14M +$549K +22,212 +4%
Two Sigma Investments
31
Two Sigma Investments
New York
$13.5M +$14M +566,954 New
Bank of America
32
Bank of America
North Carolina
$13M +$2M +80,959 +17%
Robeco Institutional Asset Management
33
Robeco Institutional Asset Management
Netherlands
$12.7M
CI
34
Cowen Inc
New York
$12.6M +$13.1M +529,809 New
MP
35
Manikay Partners
New York
$12.2M +$12.7M +514,647 New
Principal Financial Group
36
Principal Financial Group
Iowa
$11.3M -$22.7K -918 -0.2%
N
37
Natixis
France
$11.2M +$11.7M +472,649 New
GH
38
GAM Holding
Switzerland
$11.2M +$10.2M +412,932 +710%
Mackenzie Financial
39
Mackenzie Financial
Ontario, Canada
$10.4M -$237K -9,582 -2%
Citigroup
40
Citigroup
New York
$10.4M +$10.3M +415,371 +1,921%
Thrivent Financial for Lutherans
41
Thrivent Financial for Lutherans
Minnesota
$10.3M +$30.5K +1,233 +0.3%
Renaissance Technologies
42
Renaissance Technologies
New York
$10.3M +$9.97M +403,500 +1,387%
FTCM
43
First Trust Capital Management
Illinois
$10.2M +$10.6M +429,223 New
Canada Pension Plan Investment Board
44
Canada Pension Plan Investment Board
Ontario, Canada
$9.08M +$9.45M +382,500 New
FIA
45
FNY Investment Advisers
New York
$8.72M +$9.07M +367,141 +336,827%
SC
46
Saturna Capital
Washington
$8.34M
BHMP
47
Bardin Hill Management Partners
New York
$7.96M +$8.12M +328,514 +4,977%
Wells Fargo
48
Wells Fargo
California
$7.55M -$10.9M -440,767 -58%
Skandinaviska Enskilda Banken (SEB)
49
Skandinaviska Enskilda Banken (SEB)
Sweden
$7.51M +$6.59M +266,500 +534%
HSBC Holdings
50
HSBC Holdings
United Kingdom
$7.21M -$4.58M -185,491 -38%

CVG Hedge Fund Activity: Q3 2018 in Review

236 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q3 2018, worth a combined $2.05B — down 12% from $2.32B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of CVG and 36 opened new positions — a net loss of 16 holders — while 83 trimmed existing stakes and 68 added.

The largest buyer was Magnetar Financial, adding an estimated $49.8M. The largest seller was Elliott Management, exiting entirely with an estimated $110M sold.

  • 236 institutional investors held Convergys (CVG) as of Q3 2018, down from 256 in Q2 2018.
  • Funds reported $2.05B of Convergys stock for Q3 2018, down 12% quarter-over-quarter.
  • 36 funds opened new Convergys positions in Q3 2018 and 52 closed out, a net change of -16 holders.
  • The largest Convergys buyer in Q3 2018 was Magnetar Financial, an estimated $49.8M added.
  • The largest Convergys seller in Q3 2018 was Elliott Management, an estimated $110M sold.

Based on aggregated 13F filings for Q3 2018.