Cognex
CGNX
414 hedge funds and large institutions have $6.95B invested in Cognex in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 155 increasing their positions, 134 reducing their positions, and 71 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 134
4.67% more ownership
Funds ownership: 86.02% → 90.69% (+4.7%)
7% less funds holding
Funds holding: 444 → 414 (-30)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
10% less capital invested
Capital invested by funds: $7.72B → $6.95B (-$776M)
28% less call options, than puts
Call options by funds: $9.37M | Put options by funds: $13M
39% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$130M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$115M |
| 3 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$108M |
| 4 |
Bank of New York Mellon
New York
|
+$53.2M |
| 5 |
BlackRock
New York
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$106M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$44.1M |
| 3 |
Morgan Stanley
New York
|
-$39.2M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$28M |
| 5 |
SIG
Senator Investment Group
New York
|
-$26M |
CGNX Hedge Fund Activity: Q2 2018 in Review
414 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cognex (CGNX) for Q2 2018, worth a combined $6.95B — down 10% from $7.72B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of CGNX and 43 opened new positions — a net loss of 28 holders — while 134 trimmed existing stakes and 155 added.
The largest buyer was Harding Loevner, opening a new position worth an estimated $130M. The largest seller was Coatue Management, exiting entirely with an estimated $106M sold.
- 414 institutional investors held Cognex (CGNX) as of Q2 2018, down from 444 in Q1 2018.
- Funds reported $6.95B of Cognex stock for Q2 2018, down 10% quarter-over-quarter.
- 43 funds opened new Cognex positions in Q2 2018 and 71 closed out, a net change of -28 holders.
- The largest Cognex buyer in Q2 2018 was Harding Loevner, an estimated $130M added.
- The largest Cognex seller in Q2 2018 was Coatue Management, an estimated $106M sold.
Based on aggregated 13F filings for Q2 2018.