Convergys
CVG
CVG was delisted on the 4th of October, 2018.
240 hedge funds and large institutions have $2.48B invested in Convergys in 2015 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 96 increasing their positions, 83 reducing their positions, and 26 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 83
9% more capital invested
Capital invested by funds: $2.27B → $2.48B (+$209M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 247 → 240 (-7)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
69% less call options, than puts
Call options by funds: $231K | Put options by funds: $756K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$19.7M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$16.9M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$11.1M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$10.4M |
| 5 |
NAP
New Amsterdam Partners
New York
|
+$9.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$28.7M |
| 2 |
RA
Royce & Associates
New York
|
-$10M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.94M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.76M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.56M |
CVG Hedge Fund Activity: Q4 2015 in Review
240 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q4 2015, worth a combined $2.48B — up 9.2% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CVG and 22 opened new positions — a net loss of 4 holders — while 83 trimmed existing stakes and 96 added.
The largest buyer was Guggenheim Capital, adding an estimated $19.7M. The largest seller was Gotham Asset Management, cutting an estimated $28.7M.
- 240 institutional investors held Convergys (CVG) as of Q4 2015, down from 247 in Q3 2015.
- Funds reported $2.48B of Convergys stock for Q4 2015, up 9.2% quarter-over-quarter.
- 22 funds opened new Convergys positions in Q4 2015 and 26 closed out, a net change of -4 holders.
- The largest Convergys buyer in Q4 2015 was Guggenheim Capital, an estimated $19.7M added.
- The largest Convergys seller in Q4 2015 was Gotham Asset Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q4 2015.