Cognyte Software
CGNT
100 hedge funds and large institutions have $135M invested in Cognyte Software in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 33 reducing their positions, and 44 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% less call options, than puts
Call options by funds: $3.27M | Put options by funds: $3.48M
9% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 33
19% less funds holding
Funds holding: 124 → 100 (-24)
19.55% less ownership
Funds ownership: 84.17% → 64.62% (-20%)
41% less capital invested
Capital invested by funds: $230M → $135M (-$95.2M)
55% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
American Capital Management
New York
|
+$4.7M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$3.93M |
| 3 |
WCM
Westerly Capital Management
San Francisco,
California
|
+$3.38M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.01M |
| 5 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$19.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$8.23M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.91M |
| 4 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
-$4.65M |
| 5 |
BlackRock
New York
|
-$4.32M |
CGNT Hedge Fund Activity: Q4 2022 in Review
100 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cognyte Software (CGNT) for Q4 2022, worth a combined $135M — down 41% from $230M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CGNT and 20 opened new positions — a net loss of 24 holders — while 33 trimmed existing stakes and 30 added.
The largest buyer was American Capital Management, adding an estimated $4.7M. The largest seller was Global Alpha Capital Management, cutting an estimated $19.1M.
- 100 institutional investors held Cognyte Software (CGNT) as of Q4 2022, down from 124 in Q3 2022.
- Funds reported $135M of Cognyte Software stock for Q4 2022, down 41% quarter-over-quarter.
- 20 funds opened new Cognyte Software positions in Q4 2022 and 44 closed out, a net change of -24 holders.
- The largest Cognyte Software buyer in Q4 2022 was American Capital Management, an estimated $4.7M added.
- The largest Cognyte Software seller in Q4 2022 was Global Alpha Capital Management, an estimated $19.1M sold.
Based on aggregated 13F filings for Q4 2022.