Convergys
CVG
CVG was delisted on the 4th of October, 2018.
257 hedge funds and large institutions have $2.7B invested in Convergys in 2016 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 82 increasing their positions, 102 reducing their positions, and 16 closing their positions.
127% more call options, than puts
Call options by funds: $689K | Put options by funds: $303K
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
9% more capital invested
Capital invested by funds: $2.49B → $2.7B (+$217M)
7% more funds holding
Funds holding: 240 → 257 (+17)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
20% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAP
New Amsterdam Partners
New York
|
+$13.8M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$8.64M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.86M |
| 4 |
CIM
Contravisory Investment Management
Norwell,
Massachusetts
|
+$5.26M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$14.7M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$9.48M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$8.66M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$8.21M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$7.16M |
CVG Hedge Fund Activity: Q1 2016 in Review
257 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q1 2016, worth a combined $2.7B — up 8.7% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CVG positions and 16 closed out — a net gain of 17 holders — while 82 added to existing stakes and 102 trimmed.
The largest buyer was New Amsterdam Partners, adding an estimated $13.8M. The largest seller was Bank of New York Mellon, cutting an estimated $14.7M.
- 257 institutional investors held Convergys (CVG) as of Q1 2016, up from 240 in Q4 2015.
- Funds reported $2.7B of Convergys stock for Q1 2016, up 8.7% quarter-over-quarter.
- 33 funds opened new Convergys positions in Q1 2016 and 16 closed out, a net change of +17 holders.
- The largest Convergys buyer in Q1 2016 was New Amsterdam Partners, an estimated $13.8M added.
- The largest Convergys seller in Q1 2016 was Bank of New York Mellon, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2016.