Conduent
CNDT
297 hedge funds and large institutions have $2.96B invested in Conduent in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 105 increasing their positions, 85 reducing their positions, and 38 closing their positions.
809% more call options, than puts
Call options by funds: $61.3M | Put options by funds: $6.75M
24% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 85
2.41% more ownership
Funds ownership: 87.54% → 89.95% (+2.4%)
1% more capital invested
Capital invested by funds: $2.92B → $2.96B (+$36.1M)
2% less funds holding
Funds holding: 304 → 297 (-7)
13% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 38
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$65.3M |
| 2 |
Goldman Sachs
New York
|
+$43.5M |
| 3 |
HCM
Highline Capital Management
New York
|
+$40.3M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$35M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$114M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$111M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$24.8M |
| 4 |
O
OppenheimerFunds
New York
|
-$23.9M |
| 5 |
RCM
Roystone Capital Management
New York
|
-$19M |
CNDT Hedge Fund Activity: Q3 2017 in Review
297 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q3 2017, worth a combined $2.96B — up 1.2% from $2.92B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CNDT and 33 opened new positions — a net loss of 5 holders — while 85 trimmed existing stakes and 105 added.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $65.3M. The largest seller was Sculptor Capital, exiting entirely with an estimated $114M sold.
- 297 institutional investors held Conduent (CNDT) as of Q3 2017, down from 304 in Q2 2017.
- Funds reported $2.96B of Conduent stock for Q3 2017, up 1.2% quarter-over-quarter.
- 33 funds opened new Conduent positions in Q3 2017 and 38 closed out, a net change of -5 holders.
- The largest Conduent buyer in Q3 2017 was Glenview Capital Management, an estimated $65.3M added.
- The largest Conduent seller in Q3 2017 was Sculptor Capital, an estimated $114M sold.
Based on aggregated 13F filings for Q3 2017.