Convergys
CVG
CVG was delisted on the 4th of October, 2018.
205 hedge funds and large institutions have $2.19B invested in Convergys in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 71 increasing their positions, 81 reducing their positions, and 14 closing their positions.
6% more capital invested
Capital invested by funds: $2.06B → $2.19B (+$130M)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding
Funds holding: 205 → 205 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
12% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$31M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$12.3M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$11.6M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$11.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$32M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$14.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.29M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.81M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$3.63M |
CVG Hedge Fund Activity: Q1 2014 in Review
205 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q1 2014, worth a combined $2.19B — up 6.3% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CVG positions and 14 closed out — a net gain of 1 holder — while 71 added to existing stakes and 81 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $31M. The largest seller was Wedge Capital Management, cutting an estimated $32M.
- 205 institutional investors held Convergys (CVG) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $2.19B of Convergys stock for Q1 2014, up 6.3% quarter-over-quarter.
- 15 funds opened new Convergys positions in Q1 2014 and 14 closed out, a net change of +1 holder.
- The largest Convergys buyer in Q1 2014 was Lazard Asset Management, an estimated $31M added.
- The largest Convergys seller in Q1 2014 was Wedge Capital Management, an estimated $32M sold.
Based on aggregated 13F filings for Q1 2014.