Conduent
CNDT
208 hedge funds and large institutions have $562M invested in Conduent in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 58 increasing their positions, 62 reducing their positions, and 33 closing their positions.
2,880% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $40K
3% less capital invested
Capital invested by funds: $577M → $562M (-$14.7M)
6% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 62
1.4% less ownership
Funds ownership: 76.99% → 75.59% (-1.4%)
4% less funds holding
Funds holding: 217 → 208 (-9)
24% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$4.03M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.55M |
| 3 |
Millennium Management
New York
|
+$2.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$2.43M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$7.66M |
| 2 |
BlackRock
New York
|
-$6.61M |
| 3 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
-$6.35M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.66M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.07M |
CNDT Hedge Fund Activity: Q2 2023 in Review
208 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Conduent (CNDT) for Q2 2023, worth a combined $562M — down 2.6% from $577M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CNDT and 25 opened new positions — a net loss of 8 holders — while 62 trimmed existing stakes and 58 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $4.03M. The largest seller was Nordea Investment Management, exiting entirely with an estimated $7.66M sold.
- 208 institutional investors held Conduent (CNDT) as of Q2 2023, down from 217 in Q1 2023.
- Funds reported $562M of Conduent stock for Q2 2023, down 2.6% quarter-over-quarter.
- 25 funds opened new Conduent positions in Q2 2023 and 33 closed out, a net change of -8 holders.
- The largest Conduent buyer in Q2 2023 was T. Rowe Price Investment Management, an estimated $4.03M added.
- The largest Conduent seller in Q2 2023 was Nordea Investment Management, an estimated $7.66M sold.
Based on aggregated 13F filings for Q2 2023.