Conduent
CNDT
303 hedge funds and large institutions have $1.94B invested in Conduent in 2018 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 100 increasing their positions, 90 reducing their positions, and 75 closing their positions.
164% more call options, than puts
Call options by funds: $6.08M | Put options by funds: $2.31M
11% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 90
4.43% less ownership
Funds ownership: 90.73% → 86.3% (-4.4%)
8% less funds holding
Funds holding: 330 → 303 (-27)
32% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 75
55% less capital invested
Capital invested by funds: $4.31B → $1.94B (-$2.38B)
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$80M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$31.9M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$25M |
| 4 |
Renaissance Technologies
New York
|
+$24.6M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highline Capital Management
New York
|
-$66.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.1M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$41.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$36.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$33.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
351
Cedar Wealth Management
Walnut Creek,
California
| – | -$1K | -32 | Closed |
|
|
CAW
352
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -30 | Closed |
|
353
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -30 | Closed |
|
|
CTB
354
Country Trust Bank
Bloomington,
Illinois
| – | -$358 | -23 | -96% |
|
|
BAM
355
Bruderman Asset Management
Locust Valley,
New York
| – | +$156 | +10 | New |
|
|
BCA
356
Berman Capital Advisors
Atlanta,
Georgia
| – | +$187 | +12 | New |
|
|
CIAS
357
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | +$312 | +20 | New |
|
|
LWM
358
Liberty Wealth Management
Oakland,
California
| – | +$312 | +20 | New |
|
|
W
359
WealthOne
Albany,
New York
| – | +$467 | +30 | New |
|
|
LC
360
Lindbrook Capital
Calabasas,
California
| – | +$919 | +59 | New |
|
CNDT Hedge Fund Activity: Q4 2018 in Review
303 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q4 2018, worth a combined $1.94B — down 55% from $4.31B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of CNDT and 51 opened new positions — a net loss of 24 holders — while 90 trimmed existing stakes and 100 added.
The largest buyer was UBS Group, adding an estimated $80M. The largest seller was Highline Capital Management, cutting an estimated $66.3M.
- 303 institutional investors held Conduent (CNDT) as of Q4 2018, down from 330 in Q3 2018.
- Funds reported $1.94B of Conduent stock for Q4 2018, down 55% quarter-over-quarter.
- 51 funds opened new Conduent positions in Q4 2018 and 75 closed out, a net change of -24 holders.
- The largest Conduent buyer in Q4 2018 was UBS Group, an estimated $80M added.
- The largest Conduent seller in Q4 2018 was Highline Capital Management, an estimated $66.3M sold.
Based on aggregated 13F filings for Q4 2018.