Conduent
CNDT
202 hedge funds and large institutions have $371M invested in Conduent in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 64 reducing their positions, and 29 closing their positions.
2,117% more call options, than puts
Call options by funds: $399K | Put options by funds: $18K
3% less funds holding
Funds holding: 209 → 202 (-7)
11% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 64
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
19.96% less ownership
Funds ownership: 75.55% → 55.59% (-20%)
31% less capital invested
Capital invested by funds: $536M → $371M (-$165M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Factorial Partners
Mt. Kisco,
New York
|
+$3.43M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.23M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.9M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$129M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$7.13M |
| 3 |
AE
AMH Equity
Great Neck,
New York
|
-$4.83M |
| 4 |
Neuberger Berman Group
New York
|
-$4.65M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$4.47M |
CNDT Hedge Fund Activity: Q2 2024 in Review
202 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q2 2024, worth a combined $371M — down 31% from $536M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CNDT and 24 opened new positions — a net loss of 5 holders — while 64 trimmed existing stakes and 57 added.
The largest buyer was Factorial Partners, opening a new position worth an estimated $3.43M. The largest seller was Icahn Carl, exiting entirely with an estimated $129M sold.
- 202 institutional investors held Conduent (CNDT) as of Q2 2024, down from 209 in Q1 2024.
- Funds reported $371M of Conduent stock for Q2 2024, down 31% quarter-over-quarter.
- 24 funds opened new Conduent positions in Q2 2024 and 29 closed out, a net change of -5 holders.
- The largest Conduent buyer in Q2 2024 was Factorial Partners, an estimated $3.43M added.
- The largest Conduent seller in Q2 2024 was Icahn Carl, an estimated $129M sold.
Based on aggregated 13F filings for Q2 2024.