CVENT, INC.
CVT
CVT was delisted on the 28th of November, 2016.
150 hedge funds and large institutions have $971M invested in CVENT, INC. in 2016 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 43 increasing their positions, 25 reducing their positions, and 34 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
97% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 34
72% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 25
55% more capital invested
Capital invested by funds: $625M → $971M (+$345M)
27% more funds holding
Funds holding: 118 → 150 (+32)
63% less call options, than puts
Call options by funds: $8.75M | Put options by funds: $23.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$70.6M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$48.2M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$44.1M |
| 4 |
SAM
Sandell Asset Management
New York
|
+$25.8M |
| 5 |
SG Americas Securities
New York
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$201M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$59.7M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$58.4M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$56M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$22.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
AQR Capital Management
Greenwich,
Connecticut
| – | -$468K | -21,881 | Closed |
|
177
Tudor Investment Corp
Stamford,
Connecticut
| – | -$348K | -16,243 | Closed |
|
|
DTL
178
Dynamic Technology Lab
Singapore
| – | -$333K | -15,568 | Closed |
|
|
ARTA
179
A.R.T. Advisors
New York
| – | -$325K | -15,210 | Closed |
|
|
PCM
180
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$295K | -13,808 | Closed |
|
181
Wellington Management Group
Boston,
Massachusetts
| – | -$272K | -12,689 | Closed |
|
|
CA
182
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$260K | -12,148 | Closed |
|
183
Capstone Investment Advisors
New York
| – | -$203K | -9,492 | Closed |
|
|
BFEC
184
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2K | -75 | Closed |
|
CVT Hedge Fund Activity: Q2 2016 in Review
150 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CVENT, INC. (CVT) for Q2 2016, worth a combined $971M — up 55% from $625M a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new CVT positions and 34 closed out — a net gain of 33 holders — while 43 added to existing stakes and 25 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $70.6M. The largest seller was Fidelity Investments, cutting an estimated $201M.
- 150 institutional investors held CVENT, INC. (CVT) as of Q2 2016, up from 118 in Q1 2016.
- Funds reported $971M of CVENT, INC. stock for Q2 2016, up 55% quarter-over-quarter.
- 67 funds opened new CVENT, INC. positions in Q2 2016 and 34 closed out, a net change of +33 holders.
- The largest CVENT, INC. buyer in Q2 2016 was Water Island Capital, an estimated $70.6M added.
- The largest CVENT, INC. seller in Q2 2016 was Fidelity Investments, an estimated $201M sold.
Based on aggregated 13F filings for Q2 2016.