According to an SEC filing on February 17th, 2026, Sedgefield Capital LP started a new stake in CSG Systems International (NASDAQ:CSGS). The fund acquired 270,824 shares in the fourth quarter, with an estimated transaction value of $20.77 million based on the quarterly average price. The quarter-end value of the position was also $20.77 million, accounting for share purchases and any stock price movements during the reporting period.
This was a new position for Sedgefield Capital LP, which now accounts for 1.76% of its reportable US equity portfolio as of December 31, 2025.
Five Best Deposits After Filing:
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NASDAQ:EXE: $80.91 million (6.9% AUM)
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NYSE:PR: $61.60 million (5.2% of AUM)
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NYSE:MTDR: $47.42 million (4.0% of AUM)
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NYSE:COP: $41.51 million (3.5% of AUM)
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NYSE:FTI: $37.44 million (3.2% of AUM)
As of February 17, 2026, the stock was trading at $79.69, up 28.3% from last year and outperforming the S&P 500 by 14.72 percentage points.
|
Matric |
value |
|---|---|
|
Revenue (TTM) |
1.22 billion dollars |
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net income (TTM) |
55.88 million dollars |
|
Dividend yield |
1.70% |
|
Price (as of market close 2/17/26) |
$79.69 |
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CSG Systems International provides revenue management, digital monetization, customer engagement and payment solutions with a focus on SaaS platforms and managed services for the telecommunications sector.
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It generates revenue through recurring software subscriptions, professional services, managed services, and solution licensing.
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The company serves telecommunications providers globally, as well as customers in the retail, financial services, healthcare, insurance, and government sectors.
CSG Systems International, Inc. Operating at scale with TTM revenue of $1.22 billion, leverages its proprietary SaaS platforms and managed services offerings to support clients’ digital transformation and operational efficiencies.
The company’s strategy is focused on providing mission-critical billing and customer engagement solutions, which are deeply embedded in customer operations and drive recurring revenue streams. Its diverse customer base and established presence in the telecommunications industry contribute to a stable business model and competitive position.
The global purchase of CSG Systems by hedge fund Sedgefield Capital is notable in that the deal represents a new stake in the SaaS company. The purchase was significant, bringing CSG Systems into 20 of the fund’s positions out of 102, representing 1.8% of AUM.
The purchase came during the fourth quarter for CSG Systems. On October 29, the company announced that it was being acquired by NEC Corporation for $80.70 per share in cash. This represents a total enterprise value of about $2.9 billion.
