Cognex
CGNX
412 hedge funds and large institutions have $8.15B invested in Cognex in 2017 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 138 increasing their positions, 165 reducing their positions, and 28 closing their positions.
125% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 28
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
25% more capital invested
Capital invested by funds: $6.5B → $8.15B (+$1.65B)
8% more funds holding
Funds holding: 383 → 412 (+29)
5.89% less ownership
Funds ownership: 176.58% → 170.69% (-5.9%)
16% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 165
49% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $30.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kylin Management
New York
|
+$83.8M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$41.7M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$25.5M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$24.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$83.4M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$65.2M |
| 4 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$38.5M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$37.8M |
CGNX Hedge Fund Activity: Q3 2017 in Review
412 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Cognex (CGNX) for Q3 2017, worth a combined $8.15B — up 25% from $6.5B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CGNX positions and 28 closed out — a net gain of 35 holders — while 138 added to existing stakes and 165 trimmed.
The largest buyer was Kylin Management, adding an estimated $83.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $122M.
- 412 institutional investors held Cognex (CGNX) as of Q3 2017, up from 383 in Q2 2017.
- Funds reported $8.15B of Cognex stock for Q3 2017, up 25% quarter-over-quarter.
- 63 funds opened new Cognex positions in Q3 2017 and 28 closed out, a net change of +35 holders.
- The largest Cognex buyer in Q3 2017 was Kylin Management, an estimated $83.8M added.
- The largest Cognex seller in Q3 2017 was T. Rowe Price Associates, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2017.