Convergys
CVG
CVG was delisted on the 4th of October, 2018.
256 hedge funds and large institutions have $2.32B invested in Convergys in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 86 increasing their positions, 88 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5% more capital invested
Capital invested by funds: $2.21B → $2.32B (+$106M)
2% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 88
4% less funds holding
Funds holding: 266 → 256 (-10)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
50% less call options, than puts
Call options by funds: $1.99M | Put options by funds: $3.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.7M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$10.7M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$9.17M |
| 5 |
BlackRock
New York
|
+$9.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$24.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$21.8M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$14.5M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$13.9M |
| 5 |
Millennium Management
New York
|
-$11.9M |
CVG Hedge Fund Activity: Q2 2018 in Review
256 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q2 2018, worth a combined $2.32B — up 4.8% from $2.21B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CVG and 29 opened new positions — a net loss of 7 holders — while 88 trimmed existing stakes and 86 added.
The largest buyer was JP Morgan Chase, adding an estimated $26M. The largest seller was Royce & Associates, cutting an estimated $24.3M.
- 256 institutional investors held Convergys (CVG) as of Q2 2018, down from 266 in Q1 2018.
- Funds reported $2.32B of Convergys stock for Q2 2018, up 4.8% quarter-over-quarter.
- 29 funds opened new Convergys positions in Q2 2018 and 36 closed out, a net change of -7 holders.
- The largest Convergys buyer in Q2 2018 was JP Morgan Chase, an estimated $26M added.
- The largest Convergys seller in Q2 2018 was Royce & Associates, an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2018.