Conduent
CNDT
241 hedge funds and large institutions have $1.15B invested in Conduent in 2019 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 70 increasing their positions, 81 reducing their positions, and 53 closing their positions.
1,692% more call options, than puts
Call options by funds: $7.96M | Put options by funds: $444K
0.66% less ownership
Funds ownership: 88.75% → 88.1% (-0.66%)
1% less capital invested
Capital invested by funds: $1.17B → $1.15B (-$13.3M)
3% less funds holding
Funds holding: 249 → 241 (-8)
14% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 81
15% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.6M |
| 2 |
Morgan Stanley
New York
|
+$9.09M |
| 3 |
Millennium Management
New York
|
+$8.11M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$7.2M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$6.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$13M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.69M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$8.22M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$7.28M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$6M |
CNDT Hedge Fund Activity: Q4 2019 in Review
241 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q4 2019, worth a combined $1.15B — down 1.1% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CNDT and 45 opened new positions — a net loss of 8 holders — while 81 trimmed existing stakes and 70 added.
The largest buyer was Fidelity Investments, adding an estimated $14.6M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $13M sold.
- 241 institutional investors held Conduent (CNDT) as of Q4 2019, down from 249 in Q3 2019.
- Funds reported $1.15B of Conduent stock for Q4 2019, down 1.1% quarter-over-quarter.
- 45 funds opened new Conduent positions in Q4 2019 and 53 closed out, a net change of -8 holders.
- The largest Conduent buyer in Q4 2019 was Fidelity Investments, an estimated $14.6M added.
- The largest Conduent seller in Q4 2019 was Empyrean Capital Partners, an estimated $13M sold.
Based on aggregated 13F filings for Q4 2019.