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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
SAM
126
Shell Asset Management
Netherlands
$973K -$909K -36,761 -47%
Truist Financial
127
Truist Financial
North Carolina
$935K -$31.3K -1,265 -3%
GC
128
Guggenheim Capital
Illinois
$933K -$3.36M -136,083 -78%
MAM
129
Meeder Asset Management
Ohio
$932K +$37K +1,499 +4%
Royal Bank of Canada
130
Royal Bank of Canada
Ontario, Canada
$931K +$707K +28,587 +271%
Citadel Advisors
131
Citadel Advisors
Florida
$926K +$964K +38,987 New
CWM
132
Cornerstone Wealth Management
Missouri
$905K +$425K +17,196 +277%
TA
133
Teton Advisors
New York
$900K
OPERF
134
Oregon Public Employees Retirement Fund
Oregon
$857K +$11.1K +451 +1%
AIP
135
Ameritas Investment Partners
Nebraska
$827K
SOMRS
136
State of Michigan Retirement System
Michigan
$800K
QOP
137
Quinn Opportunity Partners
Virginia
$793K -$161K -6,500 -16%
MTCM
138
Mint Tower Capital Management
Netherlands
$788K +$820K +33,180 New
O
139
OppenheimerFunds
New York
$772K -$73.6K -2,977 -8%
Pacer Advisors
140
Pacer Advisors
Pennsylvania
$759K +$88.2K +3,570 +13%
CCM
141
Chicago Capital Management
Illinois
$730K +$229K +9,250 +43%
HM
142
Harvest Management
New York
$710K -$2.47K -100 -0.3%
Grantham, Mayo, Van Otterloo & Co (GMO)
143
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$707K
RJA
144
Raymond James & Associates
Florida
$707K +$81.1K +3,283 +12%
JIC
145
Johnson Investment Counsel
Ohio
$667K +$16.1K +653 +2%
LSERS
146
Louisiana State Employees Retirement System
Louisiana
$594K +$7.42K +300 +1%
VIA
147
Vident Investment Advisory
Georgia
$578K -$3.72M -150,337 -86%
PP
148
Paloma Partners
Connecticut
$574K
BG
149
Bahl & Gaynor
Ohio
$561K
Federated Hermes
150
Federated Hermes
Pennsylvania
$548K -$416K -16,847 -42%

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.