Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Conduent Inc (CNDT)

185 + Investors. Track Smart Money conviction in CNDT. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
55%

Smart Money Signals — CNDT

Based on 186 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CNDT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 87% of 3.0Y peak

87% of all-time peak
186 funds currently hold this stock — 87% of the 3.0-year high of 215 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
15 fewer hedge funds hold CNDT compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 55% buying

93 buying75 selling
Last quarter: 93 funds bought or added vs 75 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 29 → 25 → 38 → 24. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 15% new
126 out of 186 hedge funds have held CNDT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +23% but shares only +4% — price-driven

Value
+23%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +23%, but actual share count only changed +4%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

36 → 29 → 25 → 38 → 24 new funds/Q
New funds entering each quarter: 29 → 25 → 38 → 24. A growing number of institutions are discovering CNDT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 73% veterans vs 16% newcomers

■ 73% veterans ■ 11% 1-2yr ■ 16% new
Entry-cohort mix of 190 holders: 138 (73%) are 2+ year veterans, 21 entered 1–2 years ago, and 31 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
44 of 186 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in CNDT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CNDT

In 2026 Q2, 93 hedge funds were net buyers of CNDT (24 opened a new position, 69 added to an existing one), while 75 reduced or exited (48 trimmed, 27 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 54% of total institutional value in CNDT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 186.

Hedge Fund Ownership: CNDT

How many hedge funds hold CNDT — quarterly history vs. share price
Quarterly hedge fund ownership of CNDT vs. share price

Market Analysis: CNDT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNDT

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: CNDT
185 + Investors

Track Smart Money conviction in CNDT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 185 189 -2.12%
13F Shares 114M 110M 3.53%
Total Value $172M $141M 21.89%
New Positions 24 38 -14
Increased Positions 68 49 +19
Closed Positions 28 34 -6
Reduced Positions 46 58 -12
Total Calls 3 1 200.0%
Total Puts 1 1 -
PUT/CALL Ratio 0.33 1.0 Bullish

Statistics: CNDT

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Institutional Holders (2026 Q2)

185 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CNDT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CNDT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Miller Value Partners, LLC 4.48% 12,986,100 $19.0M
2 Blue Owl Capital Holdings LP 1.11% 5,036,595 $7.4M
3 Jb Capital Partners LP 0.25% 1,113,061 $1.6M
4 Pingora Partners LLC 0.25% 291,032 $425K
5 GatePass Capital, LLC 0.24% 427,800 $625K
6 Invst, LLC 0.15% 1,075,625 $1.6M
7 Kennedy Capital Management LLC 0.10% 3,851,821 $5.6M
8 Fore Capital, LLC 0.07% 169,300 $247K
9 Potomac Capital Management, Inc. 0.05% 50,000 $73K
10 Armistice Capital, LLC 0.03% 1,692,000 $2.5M
11 Boyar Asset Management INC. 0.02% 26,290 $38K
12 Abel Hall, LLC 0.02% 77,030 $112K
13 Aigen Investment Management, LP 0.02% 48,568 $71K
14 Moore Capital Management, LP 0.02% 770,060 $1.1M
15 Neuberger Berman Group LLC 0.02% 16,728,139 $24.2M
16 Nierenberg Investment Management Company, LLC 0.01% 17,555 $26K
17 Kovack Advisors, Inc. 0.01% 177,650 $259K
18 Bridgeway Capital Management, LLC 0.01% 447,382 $653K
19 Graham Capital Management, L.P. 0.01% 384,853 $562K
20 Williams & Novak Wealth Management, LLC 0.01% 10,265 $15K
21 Occudo Quantitative Strategies LP 0.01% 122,879 $179K
22 Headlands Technologies LLC 0.01% 54,683 $80K
23 Caerus Investment Advisors, LLC 0.01% 17,339 $25K
24 HTG Investment Advisors, Inc. 0.01% 22,474 $33K
25 Susquehanna Fundamental Investments, LLC 0.01% 239,650 $350K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Conduent Inc (CNDT)

What does the Smart Money Trend signal show for CNDT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CNDT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CNDT?

Slight buying edge — 55% buying: Last quarter: 93 funds bought or added vs 75 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CNDT holders?

Elite ownership — 54% AUM from top-100 funds: 44 of 186 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in CNDT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CNDT?

68% of holders stayed for 2+ years: 126 out of 186 hedge funds have held CNDT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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