Convergys
CVG
CVG was delisted on the 4th of October, 2018.
274 hedge funds and large institutions have $2.42B invested in Convergys in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 92 increasing their positions, 106 reducing their positions, and 13 closing their positions.
154% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 13
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
12% more call options, than puts
Call options by funds: $28K | Put options by funds: $25K
7% more funds holding
Funds holding: 257 → 274 (+17)
9% less capital invested
Capital invested by funds: $2.68B → $2.42B (-$253M)
13% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.3M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$20.4M |
| 3 |
Millennium Management
New York
|
+$18.7M |
| 4 |
Morgan Stanley
New York
|
+$18.1M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$44.8M |
| 2 |
JP Morgan Chase
New York
|
-$15.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$14.7M |
| 4 |
NAP
New Amsterdam Partners
New York
|
-$14.5M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$9.34M |
CVG Hedge Fund Activity: Q2 2016 in Review
274 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q2 2016, worth a combined $2.42B — down 9.4% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CVG positions and 13 closed out — a net gain of 20 holders — while 92 added to existing stakes and 106 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $27.3M. The largest seller was Wellington Management Group, cutting an estimated $44.8M.
- 274 institutional investors held Convergys (CVG) as of Q2 2016, up from 257 in Q1 2016.
- Funds reported $2.42B of Convergys stock for Q2 2016, down 9.4% quarter-over-quarter.
- 33 funds opened new Convergys positions in Q2 2016 and 13 closed out, a net change of +20 holders.
- The largest Convergys buyer in Q2 2016 was Fidelity Investments, an estimated $27.3M added.
- The largest Convergys seller in Q2 2016 was Wellington Management Group, an estimated $44.8M sold.
Based on aggregated 13F filings for Q2 2016.