ConvergeOne Holdings, Inc. Class A Common Stock
CVON
CVON was delisted on the 3rd of January, 2019.
61 hedge funds and large institutions have $225M invested in ConvergeOne Holdings, Inc. Class A Common Stock in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 5 closing their positions.
460% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 5
61% more funds holding
Funds holding: 38 → 61 (+23)
38% more capital invested
Capital invested by funds: $162M → $225M (+$62.2M)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$13.1M |
| 2 |
WIC
Water Island Capital
New York
|
+$6.84M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$5.86M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.62M |
| 5 |
Millennium Management
New York
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$14.4M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$10.6M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.77M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$2.21M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$1.69M |
CVON Hedge Fund Activity: Q4 2018 in Review
61 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in ConvergeOne Holdings, Inc. Class A Common Stock (CVON) for Q4 2018, worth a combined $225M — up 38% from $162M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CVON positions and 5 closed out — a net gain of 23 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $13.1M. The largest seller was Scopia Capital Management, exiting entirely with an estimated $14.4M sold.
- 61 institutional investors held ConvergeOne Holdings, Inc. Class A Common Stock (CVON) as of Q4 2018, up from 38 in Q3 2018.
- Funds reported $225M of ConvergeOne Holdings, Inc. Class A Common Stock stock for Q4 2018, up 38% quarter-over-quarter.
- 28 funds opened new ConvergeOne Holdings, Inc. Class A Common Stock positions in Q4 2018 and 5 closed out, a net change of +23 holders.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock buyer in Q4 2018 was Alpine Associates Management, an estimated $13.1M added.
- The largest ConvergeOne Holdings, Inc. Class A Common Stock seller in Q4 2018 was Scopia Capital Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2018.