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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
State of Wisconsin Investment Board
101
State of Wisconsin Investment Board
Wisconsin
$2.14M +$2.22M +90,000 New
Squarepoint
102
Squarepoint
New York
$2.08M +$2.16M +87,587 New
JIR
103
James Investment Research
Ohio
$2.03M -$159K -6,413 -7%
MOACM
104
Mutual of America Capital Management
New York
$1.86M -$7.17K -290 -0.4%
LG
105
Leuthold Group
Minnesota
$1.84M -$45.9K -1,858 -2%
SRAM
106
Stone Ridge Asset Management
New York
$1.79M +$98.7K +3,992 +6%
OFG
107
OTA Financial Group
New York
$1.7M
Bessemer Group
108
Bessemer Group
New Jersey
$1.7M -$5.56K -225 -0.3%
Comerica Bank
109
Comerica Bank
Texas
$1.68M -$387K -15,669 -19%
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$1.66M
US Bancorp
111
US Bancorp
Minnesota
$1.62M
CIC
112
Cornercap Investment Counsel
Georgia
$1.57M -$40.9K -1,655 -2%
OTPPB
113
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.57M -$1.53M -61,700 -48%
ASRS
114
Arizona State Retirement System
Arizona
$1.54M +$29.6K +1,199 +2%
TPSF
115
Texas Permanent School Fund
Texas
$1.36M -$42K -1,700 -3%
Canada Life
116
Canada Life
Manitoba, Canada
$1.26M -$82K -3,317 -6%
MLICM
117
Metropolitan Life Insurance Company (MetLife)
New York
$1.24M -$65.3K -2,640 -5%
AIMCA
118
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.22M -$549K -22,200 -30%
LAM
119
Lingohr Asset Management
Germany
$1.18M -$292K -11,817 -19%
USAA
120
United Services Automobile Association
Texas
$1.17M -$236K -9,540 -16%
RC
121
RegentAtlantic Capital
New Jersey
$1.12M -$24.1K -975 -2%
MSA
122
Mason Street Advisors
Wisconsin
$1.11M -$2.72K -110 -0.2%
GIA
123
Gargoyle Investment Advisor
New Jersey
$1.09M
Jane Street
124
Jane Street
New York
$1.05M +$1.1M +44,325 New
T. Rowe Price Associates
125
T. Rowe Price Associates
Maryland
$980K +$11K +444 +1%

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.