Conduent
CNDT
206 hedge funds and large institutions have $574M invested in Conduent in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 25 closing their positions.
1,302% more call options, than puts
Call options by funds: $1.72M | Put options by funds: $123K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 56
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
2% more capital invested
Capital invested by funds: $562M → $574M (+$12M)
0.16% more ownership
Funds ownership: 75.59% → 75.75% (+0.16%)
1% less funds holding
Funds holding: 208 → 206 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$2.79M |
| 2 |
AE
AMH Equity
Great Neck,
New York
|
+$2.3M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$1.99M |
| 4 |
Millennium Management
New York
|
+$1.93M |
| 5 |
2C
272 Capital
Dallas,
Texas
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.18M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.08M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.12M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.91M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$1.72M |
CNDT Hedge Fund Activity: Q3 2023 in Review
206 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q3 2023, worth a combined $574M — up 2.1% from $562M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CNDT positions and 25 closed out — a net gain of 1 holder — while 65 added to existing stakes and 56 trimmed.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $2.79M. The largest seller was Segall Bryant & Hamill, cutting an estimated $4.18M.
- 206 institutional investors held Conduent (CNDT) as of Q3 2023, down from 208 in Q2 2023.
- Funds reported $574M of Conduent stock for Q3 2023, up 2.1% quarter-over-quarter.
- 26 funds opened new Conduent positions in Q3 2023 and 25 closed out, a net change of +1 holder.
- The largest Conduent buyer in Q3 2023 was Rubric Capital Management (New York), an estimated $2.79M added.
- The largest Conduent seller in Q3 2023 was Segall Bryant & Hamill, an estimated $4.18M sold.
Based on aggregated 13F filings for Q3 2023.