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Conduent

330 hedge funds and large institutions have $4.31B invested in Conduent in 2018 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 90 increasing their positions, 103 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more call options, than puts

Call options by funds: $5.33M | Put options by funds: $2.15M

26% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 47

23% more capital invested

Capital invested by funds: $3.5B → $4.31B (+$816M)

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

3% more funds holding

Funds holding: 321330 (+9)

1.56% less ownership

Funds ownership: 92.3%90.73% (-1.6%)

13% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 103

Holders
330
Holders Change
+9
Holders Change %
+2.8%
% of All Funds
7.54%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.21%
New
59
Increased
90
Reduced
103
Closed
47
Calls
$5.33M
Puts
$2.15M
Net Calls
+$3.18M
Net Calls Change
+$5.45M
Name Holding Trade Value Shares
Change
Change in
Stake
LAM
101
Lapides Asset Management
Connecticut
$3.37M -$300K -14,600 -9%
Legal & General Group
102
Legal & General Group
United Kingdom
$3.15M -$1.22M -59,519 -30%
HI
103
HBK Investments
Texas
$3.12M +$2.21M +107,500 +348%
SCM
104
Sterling Capital Management
North Carolina
$2.97M +$2.71M +131,880 New
Boston Partners
105
Boston Partners
Massachusetts
$2.89M -$1.97M -95,765 -43%
BAM
106
Boyar Asset Management
New York
$2.88M +$102K +4,981 +4%
Ohio Public Employees Retirement System (OPERS)
107
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.82M +$1.24M +60,291 +93%
Connor, Clark & Lunn Investment Management (CC&L)
108
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.8M +$1.6M +77,900 +168%
RC
109
RegentAtlantic Capital
New Jersey
$2.77M +$1.23M +60,024 +95%
CS
110
Credit Suisse
Switzerland
$2.76M -$270K -13,169 -10%
CCM
111
Cohen Capital Management
California
$2.65M
AllianceBernstein
112
AllianceBernstein
Tennessee
$2.54M -$80.4K -3,918 -3%
JIR
113
James Investment Research
Ohio
$2.23M +$2.04M +99,170 New
Treasurer of the State of North Carolina
114
Treasurer of the State of North Carolina
North Carolina
$2.05M +$634K +30,916 +51%
AIM
115
Assured Investment Management
New York
$1.9M +$960K +46,799 +125%
CBOA
116
Commonwealth Bank of Australia
Australia
$1.79M +$911K +44,400 +126%
CC
117
Cipher Capital
New York
$1.72M +$735K +35,803 +88%
ECM
118
Engine Capital Management
New York
$1.69M
GH
119
GAM Holding
Switzerland
$1.69M -$436K -21,261 -22%
Stifel Financial
120
Stifel Financial
Missouri
$1.64M +$505K +24,594 +51%
Janus Henderson Group
121
Janus Henderson Group
United Kingdom
$1.6M
SFM
122
Systematic Financial Management
New Jersey
$1.5M +$1.37M +66,630 New
HS
123
HighVista Strategies
Massachusetts
$1.46M
SRAM
124
Stone Ridge Asset Management
New York
$1.46M +$297K +14,481 +29%
SCM
125
Stevens Capital Management
Pennsylvania
$1.45M -$734K -35,744 -36%

CNDT Hedge Fund Activity: Q3 2018 in Review

330 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q3 2018, worth a combined $4.31B — up 23% from $3.5B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new CNDT positions and 47 closed out — a net gain of 12 holders — while 90 added to existing stakes and 103 trimmed.

The largest buyer was Iridian Asset Management, opening a new position worth an estimated $139M. The largest seller was Rubric Capital Management (New York), cutting an estimated $56.4M.

  • 330 institutional investors held Conduent (CNDT) as of Q3 2018, up from 321 in Q2 2018.
  • Funds reported $4.31B of Conduent stock for Q3 2018, up 23% quarter-over-quarter.
  • 59 funds opened new Conduent positions in Q3 2018 and 47 closed out, a net change of +12 holders.
  • The largest Conduent buyer in Q3 2018 was Iridian Asset Management, an estimated $139M added.
  • The largest Conduent seller in Q3 2018 was Rubric Capital Management (New York), an estimated $56.4M sold.

Based on aggregated 13F filings for Q3 2018.