Cognex
CGNX
211 hedge funds and large institutions have $2.73B invested in Cognex in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 58 increasing their positions, 94 reducing their positions, and 22 closing their positions.
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
1% more funds holding
Funds holding: 208 → 211 (+3)
4% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $1.37M
10% less capital invested
Capital invested by funds: $3.03B → $2.73B (-$306M)
38% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 94
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$107M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$39.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$36.3M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$15.1M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$66.7M |
| 2 |
CCI
Columbus Circle Investors
|
-$22M |
| 3 |
SCM
Sandler Capital Management
New York
|
-$20.6M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$13.3M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$9.74M |
CGNX Hedge Fund Activity: Q1 2014 in Review
211 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Cognex (CGNX) for Q1 2014, worth a combined $2.73B — down 10% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CGNX positions and 22 closed out — a net gain of 4 holders — while 58 added to existing stakes and 94 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $107M. The largest seller was Lord, Abbett & Co, cutting an estimated $66.7M.
- 211 institutional investors held Cognex (CGNX) as of Q1 2014, up from 208 in Q4 2013.
- Funds reported $2.73B of Cognex stock for Q1 2014, down 10% quarter-over-quarter.
- 26 funds opened new Cognex positions in Q1 2014 and 22 closed out, a net change of +4 holders.
- The largest Cognex buyer in Q1 2014 was Wellington Management Group, an estimated $107M added.
- The largest Cognex seller in Q1 2014 was Lord, Abbett & Co, an estimated $66.7M sold.
Based on aggregated 13F filings for Q1 2014.