CVENT, INC.
CVT
CVT was delisted on the 28th of November, 2016.
126 hedge funds and large institutions have $819M invested in CVENT, INC. in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 39 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 41
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
16% less capital invested
Capital invested by funds: $971M → $819M (-$152M)
16% less funds holding
Funds holding: 150 → 126 (-24)
34% less call options, than puts
Call options by funds: $8.16M | Put options by funds: $12.4M
56% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$27.8M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$19.2M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$16.2M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$13M |
| 5 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$47.5M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$28.3M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$21.7M |
| 4 |
GL
Governors Lane
New York
|
-$19.3M |
| 5 |
SG Americas Securities
New York
|
-$19M |
CVT Hedge Fund Activity: Q3 2016 in Review
126 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CVENT, INC. (CVT) for Q3 2016, worth a combined $819M — down 16% from $971M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CVT and 17 opened new positions — a net loss of 22 holders — while 41 trimmed existing stakes and 47 added.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $27.8M. The largest seller was Alpine Associates Management, exiting entirely with an estimated $47.5M sold.
- 126 institutional investors held CVENT, INC. (CVT) as of Q3 2016, down from 150 in Q2 2016.
- Funds reported $819M of CVENT, INC. stock for Q3 2016, down 16% quarter-over-quarter.
- 17 funds opened new CVENT, INC. positions in Q3 2016 and 39 closed out, a net change of -22 holders.
- The largest CVENT, INC. buyer in Q3 2016 was Contour Asset Management, an estimated $27.8M added.
- The largest CVENT, INC. seller in Q3 2016 was Alpine Associates Management, an estimated $47.5M sold.
Based on aggregated 13F filings for Q3 2016.