ConvergeOne Holdings, Inc. Class A Common Stock
CVON
CVON was delisted on the 3rd of January, 2019.
38 hedge funds and large institutions have $162M invested in ConvergeOne Holdings, Inc. Class A Common Stock in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
19% more capital invested
Capital invested by funds: $137M → $162M (+$25.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 41 → 38 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$37.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.97M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$936K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$477K |
| 5 |
BlackRock
New York
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$7.46M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$4.42M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$2.21M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$769K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$755K |
CVON Hedge Fund Activity: Q3 2018 in Review
38 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in ConvergeOne Holdings, Inc. Class A Common Stock (CVON) for Q3 2018, worth a combined $162M — up 19% from $137M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CVON and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 18 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $37.9M. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $7.46M sold.
- 38 institutional investors held ConvergeOne Holdings, Inc. Class A Common Stock (CVON) as of Q3 2018, down from 41 in Q2 2018.
- Funds reported $162M of ConvergeOne Holdings, Inc. Class A Common Stock stock for Q3 2018, up 19% quarter-over-quarter.
- 2 funds opened new ConvergeOne Holdings, Inc. Class A Common Stock positions in Q3 2018 and 5 closed out, a net change of -3 holders.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock buyer in Q3 2018 was ArrowMark Colorado Holdings, an estimated $37.9M added.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock seller in Q3 2018 was Westchester Capital Management (New York), an estimated $7.46M sold.
Based on aggregated 13F filings for Q3 2018.