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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
BlackRock
1
BlackRock
New York
$257M +$1.93M +77,985 +0.7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$200M +$4.07M +164,736 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$182M -$481K -19,465 -0.3%
LSV Asset Management
4
LSV Asset Management
Illinois
$108M -$5.81M -235,100 -5%
State Street
5
State Street
Massachusetts
$75.3M +$1.95M +79,031 +3%
Fuller & Thaler Asset Management
6
Fuller & Thaler Asset Management
California
$63.6M -$18.2M -736,480 -22%
MF
7
Magnetar Financial
Illinois
$56.9M +$49.8M +2,014,350 +524%
Northern Trust
8
Northern Trust
Illinois
$55.6M -$29M -1,172,547 -33%
Norges Bank
9
Norges Bank
Norway
$47.2M
Goldman Sachs
10
Goldman Sachs
New York
$36.4M -$31.4M -1,270,803 -45%
UBS Group
11
UBS Group
Switzerland
$34.8M +$34.9M +1,412,804 +2,686%
QCMA
12
Quad Capital Management Advisors
New York
$34.7M +$36.2M +1,463,750 New
Bank of New York Mellon
13
Bank of New York Mellon
New York
$34.7M -$16.9M -682,159 -32%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$34.5M +$23.7M +960,396 +194%
Allianz Asset Management
15
Allianz Asset Management
Germany
$30.9M -$9.2M -372,272 -22%
AA
16
AQR Arbitrage
Connecticut
$30.7M +$24.2M +980,071 +314%
Man Group
17
Man Group
United Kingdom
$28.6M +$17.1M +691,665 +135%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$26.3M -$5.7M -230,789 -17%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$21.6M -$2.05M -82,993 -8%
AQR Capital Management
20
AQR Capital Management
Connecticut
$21M -$57.9M -2,341,994 -73%
Macquarie Group
21
Macquarie Group
Australia
$20.5M +$1.27M +51,412 +6%
Morgan Stanley
22
Morgan Stanley
New York
$20M +$3.41M +137,915 +20%
Boston Partners
23
Boston Partners
Massachusetts
$19.4M -$461K -18,661 -2%
Deutsche Bank
24
Deutsche Bank
Germany
$18M +$7.2M +291,183 +62%
OP
25
Omni Partners
United Kingdom
$17.5M +$18.2M +735,218 New

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.