Conduent
CNDT
249 hedge funds and large institutions have $1.17B invested in Conduent in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 72 increasing their positions, 74 reducing their positions, and 57 closing their positions.
1,052% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $1.26M
3% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 74
2.92% less ownership
Funds ownership: 91.67% → 88.75% (-2.9%)
4% less funds holding
Funds holding: 259 → 249 (-10)
16% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 57
37% less capital invested
Capital invested by funds: $1.85B → $1.17B (-$681M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$50.3M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$16.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$15.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.5M |
| 5 |
Renaissance Technologies
New York
|
+$10.1M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
276
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$85 | -11 | -8% |
|
|
RIA
277
Realta Investment Advisors
Wilmington,
Delaware
| – | -$46 | -6 | -23% |
|
278
Schroder Investment Management Group
London,
United Kingdom
| – | +$8 | +1 | New |
|
279
Credit Agricole
Montrouge Cedex,
France
| – | +$39 | +5 | New |
|
|
VFA
280
Valeo Financial Advisors
Carmel,
Indiana
| – | +$54 | +7 | New |
|
|
NCM
281
Nelson Capital Management
Menlo Park,
California
| – | +$139 | +18 | New |
|
|
AF
282
Arrow Financial
Glens Falls,
New York
| – | +$170 | +22 | New |
|
|
IA
283
IFP Advisors
Tampa,
Florida
| – | +$510 | +66 | New |
|
CNDT Hedge Fund Activity: Q3 2019 in Review
249 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q3 2019, worth a combined $1.17B — down 37% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of CNDT and 48 opened new positions — a net loss of 9 holders — while 74 trimmed existing stakes and 72 added.
The largest buyer was Icahn Carl, adding an estimated $50.3M. The largest seller was Lord, Abbett & Co, cutting an estimated $36M.
- 249 institutional investors held Conduent (CNDT) as of Q3 2019, down from 259 in Q2 2019.
- Funds reported $1.17B of Conduent stock for Q3 2019, down 37% quarter-over-quarter.
- 48 funds opened new Conduent positions in Q3 2019 and 57 closed out, a net change of -9 holders.
- The largest Conduent buyer in Q3 2019 was Icahn Carl, an estimated $50.3M added.
- The largest Conduent seller in Q3 2019 was Lord, Abbett & Co, an estimated $36M sold.
Based on aggregated 13F filings for Q3 2019.