Cognyte Software
CGNT
111 hedge funds and large institutions have $353M invested in Cognyte Software in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more capital invested
Capital invested by funds: $332M → $353M (+$20.9M)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
1% less funds holding
Funds holding: 112 → 111 (-1)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
12.64% less ownership
Funds ownership: 73.25% → 60.61% (-13%)
14% less call options, than puts
Call options by funds: $2.63M | Put options by funds: $3.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.8M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.54M |
| 3 |
Jane Street
New York
|
+$2.12M |
| 4 |
Millennium Management
New York
|
+$1.87M |
| 5 |
JP Morgan Chase
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$33.7M |
| 2 |
Legal & General Group
London,
United Kingdom
|
-$25.9M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.09M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
-$2.88M |
| 5 |
Goldman Sachs
New York
|
-$2.01M |
CGNT Hedge Fund Activity: Q1 2024 in Review
111 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Cognyte Software (CGNT) for Q1 2024, worth a combined $353M — up 6.3% from $332M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CGNT and 13 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 37 added.
The largest buyer was Acadian Asset Management, adding an estimated $3.8M. The largest seller was Neuberger Berman Group, cutting an estimated $33.7M.
- 111 institutional investors held Cognyte Software (CGNT) as of Q1 2024, down from 112 in Q4 2023.
- Funds reported $353M of Cognyte Software stock for Q1 2024, up 6.3% quarter-over-quarter.
- 13 funds opened new Cognyte Software positions in Q1 2024 and 14 closed out, a net change of -1 holder.
- The largest Cognyte Software buyer in Q1 2024 was Acadian Asset Management, an estimated $3.8M added.
- The largest Cognyte Software seller in Q1 2024 was Neuberger Berman Group, an estimated $33.7M sold.
Based on aggregated 13F filings for Q1 2024.