Conduent
CNDT
259 hedge funds and large institutions have $1.85B invested in Conduent in 2019 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 89 increasing their positions, 77 reducing their positions, and 83 closing their positions.
365% more call options, than puts
Call options by funds: $7.78M | Put options by funds: $1.67M
16% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 77
2.15% more ownership
Funds ownership: 89.52% → 91.67% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less funds holding
Funds holding: 303 → 259 (-44)
30% less capital invested
Capital invested by funds: $2.62B → $1.85B (-$775M)
48% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$128M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$76.1M |
| 3 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$48.3M |
| 4 |
BlackRock
New York
|
+$42.5M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$103M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$55.6M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$35.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$32.2M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$27.5M |
CNDT Hedge Fund Activity: Q2 2019 in Review
259 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q2 2019, worth a combined $1.85B — down 30% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of CNDT and 43 opened new positions — a net loss of 40 holders — while 77 trimmed existing stakes and 89 added.
The largest buyer was Icahn Carl, adding an estimated $128M. The largest seller was Fidelity Investments, cutting an estimated $103M.
- 259 institutional investors held Conduent (CNDT) as of Q2 2019, down from 303 in Q1 2019.
- Funds reported $1.85B of Conduent stock for Q2 2019, down 30% quarter-over-quarter.
- 43 funds opened new Conduent positions in Q2 2019 and 83 closed out, a net change of -40 holders.
- The largest Conduent buyer in Q2 2019 was Icahn Carl, an estimated $128M added.
- The largest Conduent seller in Q2 2019 was Fidelity Investments, an estimated $103M sold.
Based on aggregated 13F filings for Q2 2019.