Is Conduent (CNDT) Trading at a Deep Discount to Long-Term Fundamentals?
Miller Value Partners, an investment management company, released its “Deep Value Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Miller Value Partners Bill Miller | 5,583,385 | $10,720,099 | +39% | 3.78% |
| 2. | Renaissance Technologies Jim Simons | 2,297,100 | $4,410,432 | -3% | 0.01% |
| 3. | D E Shaw D. E. Shaw | 1,768,794 | $3,396,085 | +5% | 0% |
| 4. | Armistice Capital Steven Boyd | 1,578,000 | $3,029,760 | +89% | 0.04% |
| 5. | Potomac Capital Management Paul Solit And Eric Singer | 1,545,619 | $2,967,588 | 2.38% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $1.56 | 117,099 | $182,908.64 | 337,099 | 2026-02-20 | Filing | |
| $1.41 | 110,000 | $155,320.00 | 220,000 | 2026-02-19 | Filing | |
| $1.44 | 110,000 | $158,400.00 | 110,000 | 2026-02-18 | Filing | |
| $1.45 | 50,000 | $72,650.00 | 50,000 | 2026-02-18 | Filing | |
| $1.44 | 60,000 | $86,580.00 | 166,102 | 2026-02-19 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $2.26 | 45,000 | $101,700.00 | 4,383,552 | 2025-05-16 | Filing | |
| $3.47 | 38,149,336 | $132,378,195.92 | 0 | 2024-06-08 | Filing | |
| $21.30 | 33,903 | $722,228.83 | 83,888 | 2018-08-20 | Filing | |
| $17.02 | 80,219 | $1,364,926.29 | 120,630 | 2017-08-16 | Filing | |
| $17.00 | 2,170 | $36,890.00 | 120,630 | 2017-08-15 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 265,270 | $352,809 | 0% | |
| 2. | 70,903 | $90,755 | 0% | |
| 3. | 34,165 | $47,489 | 0% | |
| 4. | 22,127 | $28,323 | 0% | |
| 5. | 15,073 | $19,293 | 0% |