Conduent
CNDT
211 hedge funds and large institutions have $402M invested in Conduent in 2020 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 58 increasing their positions, 57 reducing their positions, and 38 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 57
2% less funds holding
Funds holding: 216 → 211 (-5)
3.83% less ownership
Funds ownership: 84.24% → 80.41% (-3.8%)
9% less capital invested
Capital invested by funds: $439M → $402M (-$37.4M)
11% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 38
29% less call options, than puts
Call options by funds: $447K | Put options by funds: $630K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$6.05M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.71M |
| 3 |
JP Morgan Chase
New York
|
+$4.09M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.94M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.7M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$10.6M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$9.94M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$5.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
201
Jefferies Group
New York
| – | -$7K | -2,789 | Closed |
|
|
MAM
202
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -1,300 | Closed |
|
203
M&T Bank
Buffalo,
New York
| – | -$2.28M | -931 | Closed |
|
204
Bank Julius Baer & Co
Zurich,
Switzerland
| – | -$2K | -866 | Closed |
|
|
CCM
205
Cribstone Capital Management
Augusta,
Maine
| – | -$2K | -653 | Closed |
|
|
WQ
206
Wealth Quarterback
Toms River,
New Jersey
| – | -$892 | -364 | Closed |
|
|
TPCW
207
TD Private Client Wealth
New York
| – | -$549 | -224 | Closed |
|
208
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$91 | -39 | -26% |
|
|
TF
209
Tompkins Financial
Ithaca,
New York
| – | -$56 | -24 | -38% |
|
210
First Manhattan
New York
| – | -$16 | -7 | -5% |
|
|
FCM
211
Firestone Capital Management
Coral Gables,
Florida
| – | +$14 | +6 | New |
|
|
EFSCE
212
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | +$93 | +40 | New |
|
|
WR
213
Watson Rebecca
| – | +$93 | +40 | New |
|
|
CB
214
CNB Bank
Clearfield,
Pennsylvania
| – | +$246 | +106 | New |
|
|
CWP
215
CFM Wealth Partners
Austin,
Texas
| – | +$326 | +140 | New |
|
CNDT Hedge Fund Activity: Q2 2020 in Review
211 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q2 2020, worth a combined $402M — down 8.5% from $439M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CNDT and 34 opened new positions — a net loss of 4 holders — while 57 trimmed existing stakes and 58 added.
The largest buyer was Neuberger Berman Group, adding an estimated $6.05M. The largest seller was Paradice Investment Management, exiting entirely with an estimated $17M sold.
- 211 institutional investors held Conduent (CNDT) as of Q2 2020, down from 216 in Q1 2020.
- Funds reported $402M of Conduent stock for Q2 2020, down 8.5% quarter-over-quarter.
- 34 funds opened new Conduent positions in Q2 2020 and 38 closed out, a net change of -4 holders.
- The largest Conduent buyer in Q2 2020 was Neuberger Berman Group, an estimated $6.05M added.
- The largest Conduent seller in Q2 2020 was Paradice Investment Management, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2020.