Concentrix (CNXC, Financial), a customer experience solutions provider spun off from one of our other portfolioholdings (Synnex) in December of 2020, rose during the quarter. Boasting a broadly diversified customer base, the company offset weakness in Covid-impacted segments with strong performance in finance, e-commerce, and healthcare.
From Steven Scruggs (Trades, Portfolio)' FPA Queens Road Small Cap Value Fund third-quarter 2021 letter.