Cognyte Software
CGNT
124 hedge funds and large institutions have $230M invested in Cognyte Software in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 46 reducing their positions, and 32 closing their positions.
4.62% less ownership
Funds ownership: 88.79% → 84.17% (-4.6%)
10% less capital invested
Capital invested by funds: $256M → $230M (-$26.4M)
13% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 46
14% less funds holding
Funds holding: 144 → 124 (-20)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 32
83% less call options, than puts
Call options by funds: $1.62M | Put options by funds: $9.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$10.4M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$3.56M |
| 3 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$1.82M |
| 4 |
AIIMS
Analyst IMS Investment Management Services
Tel-Aviv,
Israel
|
+$1.67M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$10.3M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$6.5M |
| 3 |
KM
Kabouter Management
Chicago,
Illinois
|
-$4.04M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.41M |
| 5 |
2C
272 Capital
Dallas,
Texas
|
-$2.88M |
CGNT Hedge Fund Activity: Q3 2022 in Review
124 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cognyte Software (CGNT) for Q3 2022, worth a combined $230M — down 10% from $256M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CGNT and 14 opened new positions — a net loss of 18 holders — while 46 trimmed existing stakes and 40 added.
The largest buyer was Edenbrook Capital, adding an estimated $10.4M. The largest seller was Victory Capital Management, cutting an estimated $10.3M.
- 124 institutional investors held Cognyte Software (CGNT) as of Q3 2022, down from 144 in Q2 2022.
- Funds reported $230M of Cognyte Software stock for Q3 2022, down 10% quarter-over-quarter.
- 14 funds opened new Cognyte Software positions in Q3 2022 and 32 closed out, a net change of -18 holders.
- The largest Cognyte Software buyer in Q3 2022 was Edenbrook Capital, an estimated $10.4M added.
- The largest Cognyte Software seller in Q3 2022 was Victory Capital Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2022.