Conduent
CNDT
321 hedge funds and large institutions have $3.5B invested in Conduent in 2018 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 110 increasing their positions, 97 reducing their positions, and 39 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 97
3% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 39
5% less capital invested
Capital invested by funds: $3.68B → $3.5B (-$179M)
1% less funds holding
Funds holding: 325 → 321 (-4)
1.47% less ownership
Funds ownership: 93.76% → 92.3% (-1.5%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
64% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $3.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$24.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$22.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$21M |
| 5 |
HCM
Highline Capital Management
New York
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$47.4M |
| 2 |
GC
Greenlight Capital
New York
|
-$44.6M |
| 3 |
Two Sigma Investments
New York
|
-$42M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$40.2M |
| 5 |
Goldman Sachs
New York
|
-$30.2M |
CNDT Hedge Fund Activity: Q2 2018 in Review
321 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q2 2018, worth a combined $3.5B — down 4.9% from $3.68B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CNDT and 38 opened new positions — a net loss of 1 holder — while 97 trimmed existing stakes and 110 added.
The largest buyer was Rubric Capital Management (New York), adding an estimated $24.7M. The largest seller was Frontier Capital Management, cutting an estimated $47.4M.
- 321 institutional investors held Conduent (CNDT) as of Q2 2018, down from 325 in Q1 2018.
- Funds reported $3.5B of Conduent stock for Q2 2018, down 4.9% quarter-over-quarter.
- 38 funds opened new Conduent positions in Q2 2018 and 39 closed out, a net change of -1 holder.
- The largest Conduent buyer in Q2 2018 was Rubric Capital Management (New York), an estimated $24.7M added.
- The largest Conduent seller in Q2 2018 was Frontier Capital Management, an estimated $47.4M sold.
Based on aggregated 13F filings for Q2 2018.