ConvergeOne Holdings, Inc. Class A Common Stock
CVON
CVON was delisted on the 3rd of January, 2019.
41 hedge funds and large institutions have $137M invested in ConvergeOne Holdings, Inc. Class A Common Stock in 2018 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 9 closing their positions.
233% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 9
105% more funds holding
Funds holding: 20 → 41 (+21)
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
66% more capital invested
Capital invested by funds: $82.3M → $137M (+$54.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$19.3M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$18.3M |
| 3 |
BlackRock
New York
|
+$8.95M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.78M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.12M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$3M |
| 3 |
Millennium Management
New York
|
-$2.81M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.19M |
| 5 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$1.19M |
CVON Hedge Fund Activity: Q2 2018 in Review
41 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ConvergeOne Holdings, Inc. Class A Common Stock (CVON) for Q2 2018, worth a combined $137M — up 66% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CVON positions and 9 closed out — a net gain of 21 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $19.3M. The largest seller was Westchester Capital Management (New York), cutting an estimated $4.12M.
- 41 institutional investors held ConvergeOne Holdings, Inc. Class A Common Stock (CVON) as of Q2 2018, up from 20 in Q1 2018.
- Funds reported $137M of ConvergeOne Holdings, Inc. Class A Common Stock stock for Q2 2018, up 66% quarter-over-quarter.
- 30 funds opened new ConvergeOne Holdings, Inc. Class A Common Stock positions in Q2 2018 and 9 closed out, a net change of +21 holders.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock buyer in Q2 2018 was ArrowMark Colorado Holdings, an estimated $19.3M added.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock seller in Q2 2018 was Westchester Capital Management (New York), an estimated $4.12M sold.
Based on aggregated 13F filings for Q2 2018.