Conduent
CNDT
304 hedge funds and large institutions have $2.92B invested in Conduent in 2017 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 82 increasing their positions, 102 reducing their positions, and 60 closing their positions.
1,035% more call options, than puts
Call options by funds: $52M | Put options by funds: $4.58M
0.99% more ownership
Funds ownership: 86.55% → 87.54% (+0.99%)
1% less capital invested
Capital invested by funds: $2.96B → $2.92B (-$36.8M)
4% less funds holding
Funds holding: 316 → 304 (-12)
18% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 60
20% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 102
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$65.8M |
| 2 |
SC
Sculptor Capital
New York
|
+$52.1M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$37M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$29.6M |
| 5 |
Millennium Management
New York
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.9M |
| 2 |
O
OppenheimerFunds
New York
|
-$27M |
| 3 |
1WCM
12 West Capital Management
New York
|
-$23.4M |
| 4 |
D.E. Shaw & Co
New York
|
-$21.2M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$19.3M |
CNDT Hedge Fund Activity: Q2 2017 in Review
304 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q2 2017, worth a combined $2.92B — down 1.2% from $2.96B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of CNDT and 49 opened new positions — a net loss of 11 holders — while 102 trimmed existing stakes and 82 added.
The largest buyer was Scopia Capital Management, adding an estimated $65.8M. The largest seller was Fidelity Investments, cutting an estimated $64.9M.
- 304 institutional investors held Conduent (CNDT) as of Q2 2017, down from 316 in Q1 2017.
- Funds reported $2.92B of Conduent stock for Q2 2017, down 1.2% quarter-over-quarter.
- 49 funds opened new Conduent positions in Q2 2017 and 60 closed out, a net change of -11 holders.
- The largest Conduent buyer in Q2 2017 was Scopia Capital Management, an estimated $65.8M added.
- The largest Conduent seller in Q2 2017 was Fidelity Investments, an estimated $64.9M sold.
Based on aggregated 13F filings for Q2 2017.