Convergys
CVG
CVG was delisted on the 4th of October, 2018.
266 hedge funds and large institutions have $2.21B invested in Convergys in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 94 reducing their positions, and 31 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
2% less capital invested
Capital invested by funds: $2.26B → $2.21B (-$48.1M)
4% less call options, than puts
Call options by funds: $8.92M | Put options by funds: $9.28M
5% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 94
1% less funds holding
Funds holding: 269 → 266 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$67.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$26.7M |
| 3 |
JP Morgan Chase
New York
|
+$17.7M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$13.1M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$66.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$27.5M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$27.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.32M |
| 5 |
Goldman Sachs
New York
|
-$7.85M |
CVG Hedge Fund Activity: Q1 2018 in Review
266 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q1 2018, worth a combined $2.21B — down 2.1% from $2.26B a quarter earlier.
Fund positioning in CVG was balanced in Q1 2018: 31 funds opened new positions, 31 closed out, 89 added to existing stakes and 94 trimmed.
The largest buyer was Credit Suisse, adding an estimated $67.5M. The largest seller was AllianceBernstein, cutting an estimated $66.8M.
- 266 institutional investors held Convergys (CVG) as of Q1 2018, down from 269 in Q4 2017.
- Funds reported $2.21B of Convergys stock for Q1 2018, down 2.1% quarter-over-quarter.
- 31 funds opened new Convergys positions in Q1 2018 and 31 closed out, a net change of 0 holders.
- The largest Convergys buyer in Q1 2018 was Credit Suisse, an estimated $67.5M added.
- The largest Convergys seller in Q1 2018 was AllianceBernstein, an estimated $66.8M sold.
Based on aggregated 13F filings for Q1 2018.