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Conduent

217 hedge funds and large institutions have $577M invested in Conduent in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 66 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

956% more call options, than puts

Call options by funds: $1.44M | Put options by funds: $136K

1.03% less ownership

Funds ownership: 78.02%76.99% (-1%)

4% less funds holding

Funds holding: 225217 (-8)

11% less capital invested

Capital invested by funds: $650M → $577M (-$73M)

12% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 66

13% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 31

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
217
Holders Change
-8
Holders Change %
-3.56%
% of All Funds
3.46%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
27
Increased
58
Reduced
66
Closed
31
Calls
$1.44M
Puts
$136K
Net Calls
+$1.3M
Net Calls Change
-$282K
Name Holding Trade Value Shares
Change
Change in
Stake
IC
1
Icahn Carl
Florida
$131M
Vanguard Group
2
Vanguard Group
Pennsylvania
$63.4M -$1.36M -331,444 -2%
BlackRock
3
BlackRock
New York
$56.4M -$1.98M -480,759 -3%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$49.7M +$2.33M +566,366 +4%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$33.2M +$7.56M +1,839,304 +23%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$31.4M +$3.72M +904,919 +11%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$23.7M +$191K +46,462 +0.7%
State Street
8
State Street
Massachusetts
$14M -$844K -205,497 -5%
SBH
9
Segall Bryant & Hamill
Illinois
$13.2M -$211K -51,416 -1%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$12.4M -$1.9M -461,359 -11%
Charles Schwab
11
Charles Schwab
California
$11.4M +$253K +61,661 +2%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$11.2M +$517K +125,724 +4%
Nordea Investment Management
13
Nordea Investment Management
Sweden
$7.66M -$642K -156,134 -6%
SGCIA
14
Smith Graham & Co Investment Advisors
Texas
$6.35M -$24K -5,839 -0.3%
RA
15
Royce & Associates
New York
$6.06M +$563K +137,000 +8%
Renaissance Technologies
16
Renaissance Technologies
New York
$5.83M +$357K +86,900 +5%
Northern Trust
17
Northern Trust
Illinois
$5.55M -$313K -76,162 -4%
BCM
18
Bridgeway Capital Management
Texas
$5.32M +$163K +39,755 +3%
WCM
19
Wedge Capital Management
North Carolina
$4.63M -$395K -96,020 -7%
Ameriprise
20
Ameriprise
Minnesota
$4.01M -$78.9K -19,206 -2%
ECM
21
ExodusPoint Capital Management
New York
$3.62M +$3.03M +736,832 +232%
Allianz Asset Management
22
Allianz Asset Management
Germany
$3.6M +$313K +76,081 +8%
RIM
23
Redwood Investment Management
Arizona
$3.54M +$1.38M +334,686 +48%
Morgan Stanley
24
Morgan Stanley
New York
$3.08M +$273K +66,537 +8%
Goldman Sachs
25
Goldman Sachs
New York
$3.02M +$252K +61,423 +7%

CNDT Hedge Fund Activity: Q1 2023 in Review

217 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q1 2023, worth a combined $577M — down 11% from $650M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of CNDT and 27 opened new positions — a net loss of 4 holders — while 66 trimmed existing stakes and 58 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $7.56M. The largest seller was Nuveen, cutting an estimated $4.64M.

  • 217 institutional investors held Conduent (CNDT) as of Q1 2023, down from 225 in Q4 2022.
  • Funds reported $577M of Conduent stock for Q1 2023, down 11% quarter-over-quarter.
  • 27 funds opened new Conduent positions in Q1 2023 and 31 closed out, a net change of -4 holders.
  • The largest Conduent buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $7.56M added.
  • The largest Conduent seller in Q1 2023 was Nuveen, an estimated $4.64M sold.

Based on aggregated 13F filings for Q1 2023.