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 ($2.5m this quarter). Holder counts are more reliable. Shares outstanding: 162.4m as of 2024-07-31, 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 ≈ $3.26. Options: 5 managers hold calls ($398.7k notional), 3 hold puts ($18.2k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 224 |
| Q4 2022 | 226 |
| Q1 2023 | 220 |
| Q2 2023 | 210 |
| Q3 2023 | 209 |
| Q4 2023 | 206 |
| Q1 2024 | 211 |
| Q2 2024 | 204 |
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 |
| Q3 2023 | 88 | 83 |
| Q4 2023 | 75 | 95 |
| Q1 2024 | 87 | 77 |
| Q2 2024 | 76 | 92 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.7m | $122.7k | 0.07 |
| Q4 2023 | $800.8k | $101.8k | 0.13 |
| Q1 2024 | $1.2m | $10.0k | 0.01 |
| Q2 2024 | $398.7k | $18.2k | 0.05 |
Biggest buyers
| Factorial Partners, LLC | New | +1.0m |
| Ancora Advisors LLC | Added | +765.0k |
| CITADEL ADVISORS LLC | Added | +655.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +559.0k |
| Russell Investments Group, Ltd. | Added | +553.3k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +520.0k |
| JANE STREET GROUP, LLC | Added | +414.4k |
| JB CAPITAL PARTNERS LP | Added | +238.1k |
| PANAGORA ASSET MANAGEMENT INC | Added | +194.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +162.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -2.7m |
| T. Rowe Price Investment Management, Inc. | Reduced | -2.1m |
| AMH Equity Ltd | Reduced | -1.4m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.4m |
| Allianz Asset Management GmbH | Sold out | -1.3m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| Redwood Investment Management, LLC | Sold out | -955.1k |
| Empowered Funds, LLC | Reduced | -648.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -623.4k |
| JPMORGAN CHASE & CO | Reduced | -523.5k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $283.0k86.8k shares |
| CITADEL ADVISORS LLC | Reduced | $51.2k15.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.5k10.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $29.0k8.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $11.0k3.5k shares |
| CITADEL ADVISORS LLC | New | $7.2k2.2k 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 2024
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 2022 | 2 | $401.4k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 2 | $200.2k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-08 | ICAHN CARL C +2 10% owner · Please see footnotes | Sold | $132.4m38.1m 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 15.8m $51.6m | Reduced -1.1m |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 14.3m $46.5m | Reduced -1.4m |
| BlackRock Inc. 0.00% of their portfolio | 13.2m $43.2m | Reduced -238.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 8.9m $29.0m | Reduced -219.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 6.4m $20.8m | Reduced -13.2k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 4.9m $16.1m | Reduced -2.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.9m $12.8m | Reduced -91.8k |
| STATE STREET CORP 0.00% of their portfolio | 3.9m $12.6m | Added +23.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 3.4m $11.2m | Reduced -623.4k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 3.3m $10.8m | Reduced -339.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.4m $8.0m | Reduced -69.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 2.4m $7.8m | Added +520.0k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 2.0m $6.4m | Reduced -160.7k |
| Atalaya Capital Management LP 11.41% of their portfolio | 1.6m $5.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $5.0m | Reduced -59.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 1.4m $4.7m | Reduced -45.5k |
| Ancora Advisors LLC 0.11% of their portfolio | 1.3m $4.4m | Added +765.0k |
| JB CAPITAL PARTNERS LP 0.75% of their portfolio | 1.0m $3.4m | Added +238.1k |
| Factorial Partners, LLC 2.03% of their portfolio | 1.0m $3.3m | New |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 970.8k $3.2m | Added +194.2k |
| MORGAN STANLEY 0.00% of their portfolio | 922.6k $3.0m | Reduced -2.7m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 834.4k $2.7m | Reduced -89.3k |
| Empowered Funds, LLC 0.04% of their portfolio | 757.1k $2.5m | Reduced -648.0k |
| Miller Value Partners, LLC 1.56% of their portfolio | 747.4k $2.4m | Added +28.8k |
| Invesco Ltd. 0.00% of their portfolio | 741.5k $2.4m | Reduced -113.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 695.1k $2.3m | Added +655.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 662.4k $2.2m | Added +28.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 656.8k $2.1m | Added +553.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 638.4k $2.1m | Reduced -75.5k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 627.1k $2.0m | Reduced -138.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 577.4k $1.9m | Reduced -186.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.01% of their portfolio | 559.0k $1.8m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 522.3k $1.7m | Added +414.4k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 509.6k $1.7m | Reduced -142.5k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 488.3k $1.6m | Reduced -105.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 476.4k $1.6m | Unchanged |
| INTREPID CAPITAL MANAGEMENT INC 0.87% of their portfolio | 421.1k $1.4m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 374.0k $1.2m | Reduced -523.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 368.5k $1.2m | Added +162.8k |
| CITIGROUP INC 0.00% of their portfolio | 320.4k $1.0m | Added +82.9k |
| Swiss National Bank 0.00% of their portfolio | 309.9k $1.0m | Reduced -12.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 273.3k $890.8k | Reduced -9.8k |
| HRT FINANCIAL LP 0.01% of their portfolio | 268.4k $875.0k | Added +82.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 249.0k $811.7k | Added +31.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 228.7k $745.7k | Added +54.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 220.1k $717.4k | Added +89.0k |
| KMG FIDUCIARY PARTNERS, LLC 0.07% of their portfolio | 217.1k $707.6k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.05% of their portfolio | 209.3k $682.0k | Reduced -5.0k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 196.0k $638.8k | Reduced -415.2k |
| ClariVest Asset Management LLC 0.07% of their portfolio | 195.6k $637.7k | Added +5.5k |
| AMH Equity Ltd 0.87% of their portfolio | 180.0k $586.8k | Reduced -1.4m |
| STRS OHIO 0.00% of their portfolio | 168.9k $550.6k | Reduced -5.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 168.5k $549.4k | Reduced -83 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 166.3k $546.2k | Added +44.9k |
| Engineers Gate Manager LP 0.01% of their portfolio | 164.2k $535.2k | Added +60.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 153.9k $501.6k | Reduced -9.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 146.4k $478.0k | Added +11.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 146.1k $476.4k | Reduced -8.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 145.1k $473.0k | Added +101.7k |
| Legal & General Group Plc 0.00% of their portfolio | 137.7k $449.0k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 134.3k $437.7k | Added +20.7k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 131.4k $428.3k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 128.1k $417.5k | Added +93.1k |
| XTX Topco Ltd 0.03% of their portfolio | 121.2k $395.1k | Added +25.8k |
| Counterpoint Mutual Funds LLC 0.09% of their portfolio | 118.8k $387.4k | Added +30.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 108.1k $352.3k | Added +11.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 106.5k $347.3k | Reduced -36.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 102.6k $334.5k | Added +1.7k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.01% of their portfolio | 100.0k $326.0k | Reduced -30.0k |
| BOYAR ASSET MANAGEMENT INC. 0.22% of their portfolio | 97.2k $316.7k | Reduced -1.7k |
| Jump Financial, LLC 0.01% of their portfolio | 95.0k $309.7k | Added +25.9k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.05% of their portfolio | 93.4k $304.4k | Reduced -39.8k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 93.1k $303.5k | Added +6.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 92.9k $303.0k | Added +70 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 92.7k $303.0k | Reduced -38.3k |
| Verition Fund Management LLC 0.00% of their portfolio | 89.2k $290.9k | Reduced -18.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 87.9k $286.4k | First filing |
| UBS Group AG 0.00% of their portfolio | 87.8k $286.1k | Reduced -219.5k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 86.8k $282.8k | First filing |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 83.9k $273.4k | Added +71.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 83.7k $272.8k | Reduced -6.9k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 82.9k $270.1k | Added +71.7k |
| BARCLAYS PLC 0.00% of their portfolio | 81.7k $266.2k | Reduced -81.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 75.6k $246.5k | Reduced -6.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 75.0k $244.7k | Added +1.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 74.9k $244.7k | Reduced -1.0k |
| Pingora Partners LLC 0.17% of their portfolio | 74.0k $241.2k | Added +10.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 72.8k $237.3k | Added +9.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 68.6k $223.5k | Unchanged |
| Lombard Odier Asset Management (USA) Corp 0.08% of their portfolio | 67.7k $220.7k | Added +43.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 66.2k $215.8k | Reduced -304 |
| Quadrature Capital Ltd 0.00% of their portfolio | 60.4k $197.5k | Added +29.3k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 60.3k $196.6k | Added +42.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 59.7k $194.6k | Unchanged |
| SHERBROOKE PARK ADVISERS LLC 0.03% of their portfolio | 57.2k $186.4k | Reduced -74.6k |
| DIVERSIFIED TRUST CO 0.01% of their portfolio | 57.2k $186.3k | Added +6.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 56.0k $182.0k | Added +32.6k |
| Harvest Portfolios Group Inc. 0.01% of their portfolio | 54.4k $177.5k | Reduced -63.0k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 51.4k $167.6k | Added +49.5k |
| State of Wyoming 0.03% of their portfolio | 51.2k $166.9k | Reduced -17.1k |