CVENT, INC.
CVT
CVT was delisted on the 28th of November, 2016.
118 hedge funds and large institutions have $625M invested in CVENT, INC. in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 22 reducing their positions, and 33 closing their positions.
159% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 22
8% more call options, than puts
Call options by funds: $5.65M | Put options by funds: $5.24M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 132 → 118 (-14)
39% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 33
41% less capital invested
Capital invested by funds: $1.06B → $625M (-$435M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.5M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$10.5M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$9.92M |
| 4 |
Renaissance Technologies
New York
|
+$4.97M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$67.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28.3M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
-$8.46M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$8.09M |
| 5 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$7.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Creative Planning
Overland Park,
Kansas
| – | -$71 | -3 | -13% |
|
CVT Hedge Fund Activity: Q1 2016 in Review
118 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CVENT, INC. (CVT) for Q1 2016, worth a combined $625M — down 41% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CVT and 20 opened new positions — a net loss of 13 holders — while 22 trimmed existing stakes and 57 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $23.5M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $67.5M sold.
- 118 institutional investors held CVENT, INC. (CVT) as of Q1 2016, down from 132 in Q4 2015.
- Funds reported $625M of CVENT, INC. stock for Q1 2016, down 41% quarter-over-quarter.
- 20 funds opened new CVENT, INC. positions in Q1 2016 and 33 closed out, a net change of -13 holders.
- The largest CVENT, INC. buyer in Q1 2016 was T. Rowe Price Associates, an estimated $23.5M added.
- The largest CVENT, INC. seller in Q1 2016 was William Blair Investment Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2016.