ConvergeOne Holdings, Inc. Class A Common Stock
CVON
CVON was delisted on the 3rd of January, 2019.
24 hedge funds and large institutions have $129M invested in ConvergeOne Holdings, Inc. Class A Common Stock in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
35% more capital invested
Capital invested by funds: $95.5M → $129M (+$33.8M)
20% more funds holding
Funds holding: 20 → 24 (+4)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$12.5M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$7.84M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$7.09M |
| 4 |
6CM
683 Capital Management
New York
|
+$4.41M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$5.3M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.38M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$993K |
| 4 |
CI
Cowen Inc
New York
|
-$840K |
| 5 |
BCM
Bluefin Capital Management
New York
|
-$823K |
CVON Hedge Fund Activity: Q4 2017 in Review
24 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in ConvergeOne Holdings, Inc. Class A Common Stock (CVON) for Q4 2017, worth a combined $129M — up 35% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CVON positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $12.5M. The largest seller was Glazer Capital LLC, cutting an estimated $5.3M.
- 24 institutional investors held ConvergeOne Holdings, Inc. Class A Common Stock (CVON) as of Q4 2017, up from 20 in Q3 2017.
- Funds reported $129M of ConvergeOne Holdings, Inc. Class A Common Stock stock for Q4 2017, up 35% quarter-over-quarter.
- 7 funds opened new ConvergeOne Holdings, Inc. Class A Common Stock positions in Q4 2017 and 3 closed out, a net change of +4 holders.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock buyer in Q4 2017 was Westchester Capital Management (New York), an estimated $12.5M added.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock seller in Q4 2017 was Glazer Capital LLC, an estimated $5.3M sold.
Based on aggregated 13F filings for Q4 2017.