Convergys
CVG
CVG was delisted on the 4th of October, 2018.
248 hedge funds and large institutions have $2.51B invested in Convergys in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 96 increasing their positions, 95 reducing their positions, and 27 closing their positions.
301% more call options, than puts
Call options by funds: $914K | Put options by funds: $228K
10% more capital invested
Capital invested by funds: $2.29B → $2.51B (+$218M)
1% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 95
5% less funds holding
Funds holding: 261 → 248 (-13)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$60.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.1M |
| 3 |
Morgan Stanley
New York
|
+$8.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.39M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$20.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$18.4M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$14.6M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$14.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$11.4M |
CVG Hedge Fund Activity: Q3 2017 in Review
248 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q3 2017, worth a combined $2.51B — up 9.5% from $2.29B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CVG and 17 opened new positions — a net loss of 10 holders — while 95 trimmed existing stakes and 96 added.
The largest buyer was Credit Suisse, adding an estimated $60.1M. The largest seller was Fort Washington Investment Advisors, cutting an estimated $20.5M.
- 248 institutional investors held Convergys (CVG) as of Q3 2017, down from 261 in Q2 2017.
- Funds reported $2.51B of Convergys stock for Q3 2017, up 9.5% quarter-over-quarter.
- 17 funds opened new Convergys positions in Q3 2017 and 27 closed out, a net change of -10 holders.
- The largest Convergys buyer in Q3 2017 was Credit Suisse, an estimated $60.1M added.
- The largest Convergys seller in Q3 2017 was Fort Washington Investment Advisors, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2017.