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Conduent

303 hedge funds and large institutions have $1.94B invested in Conduent in 2018 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 100 increasing their positions, 90 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more call options, than puts

Call options by funds: $6.08M | Put options by funds: $2.31M

11% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 90

4.43% less ownership

Funds ownership: 90.73%86.3% (-4.4%)

8% less funds holding

Funds holding: 330303 (-27)

32% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 75

55% less capital invested

Capital invested by funds: $4.31B → $1.94B (-$2.38B)

56% less funds holding in top 10

Funds holding in top 10: 94 (-5)

Holders
303
Holders Change
-27
Holders Change %
-8.18%
% of All Funds
6.75%
Holding in Top 10
4
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-55.56%
% of All Funds
0.09%
New
51
Increased
100
Reduced
90
Closed
75
Calls
$6.08M
Puts
$2.31M
Net Calls
+$3.78M
Net Calls Change
+$600K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$222M -$44.1M -2,832,472 -12%
IC
2
Icahn Carl
Florida
$211M
Vanguard Group
3
Vanguard Group
Pennsylvania
$175M -$15.5M -997,224 -6%
Lord, Abbett & Co
4
Lord, Abbett & Co
New Jersey
$91.2M -$9.57M -614,634 -7%
BlackRock
5
BlackRock
New York
$90.3M +$5M +321,147 +4%
IAM
6
Iridian Asset Management
Connecticut
$66.5M -$8.23M -528,575 -8%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$64.9M +$10.2M +653,904 +12%
UBS Group
8
UBS Group
Switzerland
$55.2M +$80M +5,136,448 +8,871%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$50M +$14.9M +956,549 +26%
Renaissance Technologies
10
Renaissance Technologies
New York
$37.7M +$24.6M +1,578,980 +80%
Wells Fargo
11
Wells Fargo
California
$33.3M -$2.78M -178,441 -5%
AQR Capital Management
12
AQR Capital Management
Connecticut
$32.8M +$31.9M +2,050,723 +198%
RRAM
13
River Road Asset Management
Kentucky
$31.1M +$22.7M +1,455,163 +99%
Ninety One (UK)
14
Ninety One (UK)
United Kingdom
$30.7M -$374K -24,005 -0.8%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$29.2M +$516K +33,144 +1%
State Street
16
State Street
Massachusetts
$27.7M -$274K -17,580 -0.7%
Norges Bank
17
Norges Bank
Norway
$25.6M
FCM
18
Frontier Capital Management
Massachusetts
$23.7M -$41.4M -2,659,200 -54%
ACA
19
Anchor Capital Advisors
Massachusetts
$23.6M -$6.92M -444,403 -17%
GCM
20
Glenview Capital Management
New York
$23.1M +$2.69M +172,722 +9%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$22.7M -$251K -16,094 -0.7%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$22.6M +$2.48M +159,182 +8%
AGA
23
Altrinsic Global Advisors
Connecticut
$18.9M +$300K +19,248 +1%
ICOM
24
Investment Counselors of Maryland
Maryland
$17.1M +$25M +1,604,700 New
Point72 Asset Management
25
Point72 Asset Management
Connecticut
$16.8M +$9.01M +578,174 +58%

CNDT Hedge Fund Activity: Q4 2018 in Review

303 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q4 2018, worth a combined $1.94B — down 55% from $4.31B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of CNDT and 51 opened new positions — a net loss of 24 holders — while 90 trimmed existing stakes and 100 added.

The largest buyer was UBS Group, adding an estimated $80M. The largest seller was Highline Capital Management, cutting an estimated $66.3M.

  • 303 institutional investors held Conduent (CNDT) as of Q4 2018, down from 330 in Q3 2018.
  • Funds reported $1.94B of Conduent stock for Q4 2018, down 55% quarter-over-quarter.
  • 51 funds opened new Conduent positions in Q4 2018 and 75 closed out, a net change of -24 holders.
  • The largest Conduent buyer in Q4 2018 was UBS Group, an estimated $80M added.
  • The largest Conduent seller in Q4 2018 was Highline Capital Management, an estimated $66.3M sold.

Based on aggregated 13F filings for Q4 2018.