Cognyte Software
CGNT
143 hedge funds and large institutions have $256M invested in Cognyte Software in 2022 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 44 reducing their positions, and 34 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 44
2.3% less ownership
Funds ownership: 91.05% → 88.75% (-2.3%)
9% less funds holding
Funds holding: 158 → 143 (-15)
38% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 34
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
63% less capital invested
Capital invested by funds: $690M → $256M (-$434M)
99% less call options, than puts
Call options by funds: $88K | Put options by funds: $6.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$15.5M |
| 2 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$11.9M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$10.7M |
| 4 |
Neuberger Berman Group
New York
|
+$5.88M |
| 5 |
2C
272 Capital
Dallas,
Texas
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$35.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$12.2M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$9.29M |
| 4 |
II
Ibex Investors
Denver,
Colorado
|
-$5.17M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$4.62M |
CGNT Hedge Fund Activity: Q2 2022 in Review
143 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Cognyte Software (CGNT) for Q2 2022, worth a combined $256M — down 63% from $690M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CGNT and 21 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 49 added.
The largest buyer was Global Alpha Capital Management, adding an estimated $15.5M. The largest seller was Cardinal Capital Management LLC (Connecticut), exiting entirely with an estimated $35.5M sold.
- 143 institutional investors held Cognyte Software (CGNT) as of Q2 2022, down from 158 in Q1 2022.
- Funds reported $256M of Cognyte Software stock for Q2 2022, down 63% quarter-over-quarter.
- 21 funds opened new Cognyte Software positions in Q2 2022 and 34 closed out, a net change of -13 holders.
- The largest Cognyte Software buyer in Q2 2022 was Global Alpha Capital Management, an estimated $15.5M added.
- The largest Cognyte Software seller in Q2 2022 was Cardinal Capital Management LLC (Connecticut), an estimated $35.5M sold.
Based on aggregated 13F filings for Q2 2022.