Conduent
CNDT
210 hedge funds and large institutions have $497M invested in Conduent in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 47 increasing their positions, 70 reducing their positions, and 35 closing their positions.
24% more capital invested
Capital invested by funds: $402M → $497M (+$95.8M)
12% more call options, than puts
Call options by funds: $925K | Put options by funds: $824K
0% less funds holding
Funds holding: 211 → 210 (-1)
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
4.92% less ownership
Funds ownership: 80.41% → 75.49% (-4.9%)
33% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$4.98M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$4.01M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$3.51M |
| 4 |
Two Sigma Advisers
New York
|
+$2.47M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$9.24M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.21M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$6.52M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.67M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWP
201
Engrave Wealth Partners
The Woodlands,
Texas
| – | -$1K | -493 | Closed |
|
|
PAG
202
Private Advisor Group
Morristown,
New Jersey
| – | -$1K | -358 | Closed |
|
203
AssetMark Inc
Concord,
California
| – | -$347 | -117 | -59% |
|
|
GFPC
204
Global Financial Private Client
Sarasota,
Florida
| – | -$235 | -100 | Closed |
|
|
PCFFS
205
Pacific Center for Financial Services
San Ramon,
California
| – | +$9 | +3 | New |
|
206
Rockefeller Capital Management
New York
| – | +$30 | +10 | +3% |
|
|
FGA
207
Fortis Group Advisors
Westwood,
New Jersey
| – | +$59 | +20 | New |
|
208
Bessemer Group
Woodbridge,
New Jersey
| – | +$296 | +100 | New |
|
|
HCP
209
Hexagon Capital Partners
Rogers,
Arkansas
| – | +$394 | +133 | New |
|
|
BCA
210
Berman Capital Advisors
Atlanta,
Georgia
| – | +$673 | +227 | New |
|
CNDT Hedge Fund Activity: Q3 2020 in Review
210 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q3 2020, worth a combined $497M — up 24% from $402M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CNDT and 34 opened new positions — a net loss of 1 holder — while 70 trimmed existing stakes and 47 added.
The largest buyer was Neuberger Berman Group, adding an estimated $4.98M. The largest seller was Iridian Asset Management, cutting an estimated $9.24M.
- 210 institutional investors held Conduent (CNDT) as of Q3 2020, down from 211 in Q2 2020.
- Funds reported $497M of Conduent stock for Q3 2020, up 24% quarter-over-quarter.
- 34 funds opened new Conduent positions in Q3 2020 and 35 closed out, a net change of -1 holder.
- The largest Conduent buyer in Q3 2020 was Neuberger Berman Group, an estimated $4.98M added.
- The largest Conduent seller in Q3 2020 was Iridian Asset Management, an estimated $9.24M sold.
Based on aggregated 13F filings for Q3 2020.