CONDUENT INC CNDT
COM · Common Stock · CUSIP 206787103 · ISIN US2067871036
American technology services company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersFlorham Park, NJ
- Founded2017
- Websiteconduent.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.4m this quarter). Holder counts are more reliable. Shares outstanding: 217.7m as of 2023-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.40. Options: 6 managers hold calls ($1.2m notional), 3 hold puts ($39.6k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 224 |
| Q4 2022 | 226 |
| Q1 2023 | 220 |
| Q2 2023 | 210 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 87 | 95 |
| Q1 2023 | 86 | 95 |
| Q2 2023 | 80 | 97 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.0m | $1.1m | 0.35 |
| Q4 2022 | $2.9m | $1.3m | 0.45 |
| Q1 2023 | $1.4m | $136.2k | 0.09 |
| Q2 2023 | $1.2m | $39.6k | 0.03 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +1.2m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +779.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +762.3k |
| PRUDENTIAL FINANCIAL INC | Added | +743.2k |
| CITADEL ADVISORS LLC | Added | +721.9k |
| D. E. Shaw & Co., Inc. | Added | +522.3k |
| INTREPID CAPITAL MANAGEMENT INC | Added | +439.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +366.3k |
| Empowered Funds, LLC | New | +357.3k |
| CITIGROUP INC | Added | +234.3k |
Biggest sellers
| NORDEA INVESTMENT MANAGEMENT AB | Sold out | -2.3m |
| BlackRock Inc. | Reduced | -2.0m |
| Smith, Graham & Co., Investment Advisors, LP | Sold out | -1.9m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| Assenagon Asset Management S.A. | Reduced | -632.5k |
| STATE STREET CORP | Reduced | -451.6k |
| HRT FINANCIAL LP | Sold out | -426.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -401.1k |
| UBS Group AG | Reduced | -354.7k |
| ExodusPoint Capital Management, LP | Reduced | -337.5k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $436.2k128.3k shares |
| CITADEL ADVISORS LLC | Reduced | $408.3k120.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $222.0k65.3k shares |
| WOLVERINE TRADING, LLC | Added | $93.4k27.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.0k9.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $31.6k9.3k shares |
| SIMPLEX TRADING, LLC | New | $8.0k2.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Neuberger Berman Group LLC 13G · institution filed 2025-12-03 | 10.2% |
| MILLER VALUE PARTNERS, LLC 13G · institution +1.9 pts · filed 2026-08-07 | 8.4% |
DEASON DARWIN
13D · may seek influence
filed 2026-02-13
Stated purposeItem 4 is hereby amended to add the following: On December 2, 2025, Darwin Deason passed away. Pursuant to the terms of the Last Will and Testament of Darwin Deason (the "Will") and applicable law, admitted to probate on February 2, 2026, the 12,320,307 Shares beneficially owned by Mr. Deason were transferred to the Trust. On February 6, 2026, the appropriate court issued Letters Testamentary appointing the Executors as the personal representatives of the Trust. Consequently, the Executors have acquired shared voting and dispositive power over the Shares held by the Trust. The Trust holds the Shares for investment purposes and for the administration and eventual distribution of the Trust's assets in accordance with the Will. The Executors, in their capacity as fiduciaries of the Trust, … Full filing |
7.6% |
| BlackRock, Inc. 13G · institution filed 2025-07-16 | 6.9% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.9%, 2026-04-09), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 2 | $199.9k | 0 | — | — |
| Q2 2022 | 4 | $358.8k | 0 | — | — |
| Q3 2022 | 2 | $401.4k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 2 | $200.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-05 | Skelton Clifford President and CEO, director | Bought | $100.2k34.4k shares |
| 2023-05-05 | Wood Stephen Henry EVP, Chief Financial Officer | Bought | $100.1k33.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| ICAHN CARL C 0.84% of their portfolio | 38.1m $129.7m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 17.4m $59.1m | Reduced -1.1m |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 14.5m $49.4m | Reduced -1.7k |
| BlackRock Inc. 0.00% of their portfolio | 14.4m $49.0m | Reduced -2.0m |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 10.9m $37.1m | Added +1.2m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 9.2m $31.1m | Added +6.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 7.0m $23.9m | Added +131.3k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 4.1m $14.1m | Added +522.3k |
| SEGALL BRYANT & HAMILL, LLC 0.14% of their portfolio | 3.8m $12.9m | Reduced -48.3k |
| STATE STREET CORP 0.00% of their portfolio | 3.6m $12.4m | Reduced -451.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.5m $11.9m | Added +231.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 3.4m $11.6m | Added +90.0k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 1.8m $6.2m | Added +62.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 1.8m $6.1m | Added +99.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.6m $5.6m | Added +16.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 1.4m $4.9m | Reduced -104.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.4m $4.7m | Added +203.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.07% of their portfolio | 1.2m $4.1m | Reduced -128.7k |
| Redwood Investment Management, LLC 0.45% of their portfolio | 1.2m $4.4m | Added +150.7k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 1.2m $4.0m | Added +743.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 1.1m $3.7m | Added +721.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.1m $3.7m | Added +762.3k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 919.1k $3.1m | Reduced -129.3k |
| INTREPID CAPITAL MANAGEMENT INC 1.05% of their portfolio | 882.8k $3.0m | Added +439.9k |
| AMH Equity Ltd 3.11% of their portfolio | 800.0k $2.7m | Unchanged |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 779.7k $2.7m | New |
| MORGAN STANLEY 0.00% of their portfolio | 777.7k $2.6m | Reduced -121.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 775.9k $2.6m | Reduced -5.5k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 716.3k $2.4m | Reduced -337.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 675.5k $2.3m | Added +224.7k |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 658.7k $2.2m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 614.2k $2.1m | Reduced -267.4k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 558.2k $1.9m | Reduced -89.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 541.8k $1.8m | Reduced -284.7k |
| Invesco Ltd. 0.00% of their portfolio | 514.7k $1.8m | Added +21.2k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 508.8k $1.7m | Reduced -923 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 497.2k $1.7m | Added +366.3k |
| Miller Value Partners, LLC 0.93% of their portfolio | 415.1k $1.4m | Added +53.5k |
| Empowered Funds, LLC 0.04% of their portfolio | 357.3k $1.2m | New |
| EA Series Trust 0.04% of their portfolio | 357.3k $1.2m | First filing |
| Swiss National Bank 0.00% of their portfolio | 356.7k $1.2m | Reduced -16.2k |
| Wallace Capital Management Inc. 0.18% of their portfolio | 347.0k $1.2m | Reduced -7.4k |
| Waterfront Wealth Inc. 0.31% of their portfolio | 299.3k $1.0m | Added +43.6k |
| UBS Group AG 0.00% of their portfolio | 288.3k $980.3k | Reduced -354.7k |
| CITIGROUP INC 0.00% of their portfolio | 276.0k $938.4k | Added +234.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 275.8k $937.8k | Reduced -18.2k |
| Potomac Capital Management, Inc. 0.96% of their portfolio | 250.0k $850.0k | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 242.6k $824.9k | Added +31.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 241.6k $821.4k | Added +26.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 240.2k $816.6k | Reduced -33.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 223.1k $758.0k | Added +180.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 221.0k $758.2k | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 218.2k $744.1k | Added +72.8k |
| KMG FIDUCIARY PARTNERS, LLC 0.10% of their portfolio | 217.1k $738.0k | Added +34.4k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 215.1k $731.3k | Added +24.8k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 212.0k $720.9k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 203.7k $692.7k | Reduced -79.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 203.7k $692.5k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 201.4k $684.7k | Reduced -13.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 200.4k $681.0k | Reduced -9.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 190.0k $645.9k | Reduced -1.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 186.8k $635.0k | Reduced -102.8k |
| ClariVest Asset Management LLC 0.03% of their portfolio | 185.6k $631.0k | Added +33.6k |
| STRS OHIO 0.00% of their portfolio | 185.0k $629.0k | Reduced -332.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 182.6k $620.7k | Reduced -14.8k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 171.9k $584.4k | Reduced -88.5k |
| Harvest Portfolios Group Inc. 0.03% of their portfolio | 164.4k $558.9k | Added +7.3k |
| Atalaya Capital Management LP 0.25% of their portfolio | 152.7k $519.3k | New |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.03% of their portfolio | 150.0k $510.0k | Added +10.0k |
| Legal & General Group Plc 0.00% of their portfolio | 140.9k $479.1k | Added +57.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 139.0k $473.0k | Added +129.8k |
| FMR LLC 0.00% of their portfolio | 134.7k $457.9k | Reduced -134.0k |
| BOYAR ASSET MANAGEMENT INC. 0.31% of their portfolio | 122.3k $415.8k | Reduced -12.7k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 121.8k $414.1k | Reduced -632.5k |
| New York Life Investment Management LLC 0.00% of their portfolio | 120.2k $408.5k | Reduced -27.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 117.5k $399.7k | Reduced -64.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 110.9k $377.0k | Added +7.9k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 108.8k $369.8k | Reduced -530 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 102.5k $349.0k | Reduced -23.8k |
| JB CAPITAL PARTNERS LP 0.07% of their portfolio | 97.2k $330.6k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 96.9k $329.4k | Reduced -43.6k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 96.5k $328.0k | Reduced -5.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 92.9k $315.7k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 88.5k $300.7k | Unchanged |
| MARATHON CAPITAL MANAGEMENT 0.07% of their portfolio | 83.8k $284.8k | Reduced -5.0k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 82.9k $281.7k | Added +910 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 82.4k $280.2k | New |
| BARCLAYS PLC 0.00% of their portfolio | 82.2k $279.3k | Reduced -37.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 82.0k $278.9k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 78.5k $268.5k | Added +14.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 78.5k $266.8k | Added +5.3k |
| MOODY NATIONAL BANK TRUST DIVISION 0.02% of their portfolio | 78.3k $266.2k | Unchanged |
| BAILARD, INC. 0.01% of their portfolio | 77.3k $262.8k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 76.1k $259.2k | Added +79 |
| Point72 Middle East FZE 0.01% of their portfolio | 74.8k $254.3k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 72.9k $247.9k | Reduced -44.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 71.5k $243.1k | Added +2.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 70.0k $238.0k | Added +3.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 62.7k $215.0k | Added +16.0k |
| XTX Topco Ltd 0.04% of their portfolio | 60.7k $206.3k | Added +48.1k |