Cognizant
CTSH
760 hedge funds and large institutions have $29B invested in Cognizant in 2014 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 281 increasing their positions, 285 reducing their positions, and 50 closing their positions.
128% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 50
54% more funds holding in top 10
Funds holding in top 10: 26 → 40 (+14)
27% more call options, than puts
Call options by funds: $152M | Put options by funds: $120M
17% more capital invested
Capital invested by funds: $24.9B → $29B (+$4.13B)
7% more funds holding
Funds holding: 708 → 760 (+52)
1% less repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 285
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$171M |
| 2 |
SI
Scharf Investments
Los Gatos,
California
|
+$154M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$145M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$115M |
| 5 |
Temasek Holdings
Singapore
|
+$98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$292M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$171M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$151M |
| 4 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
-$146M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$138M |
CTSH Hedge Fund Activity: Q4 2014 in Review
760 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Cognizant (CTSH) for Q4 2014, worth a combined $29B — up 17% from $24.9B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new CTSH positions and 50 closed out — a net gain of 64 holders — while 281 added to existing stakes and 285 trimmed.
The largest buyer was Fidelity International, adding an estimated $171M. The largest seller was Lone Pine Capital, cutting an estimated $292M.
- 760 institutional investors held Cognizant (CTSH) as of Q4 2014, up from 708 in Q3 2014.
- Funds reported $29B of Cognizant stock for Q4 2014, up 17% quarter-over-quarter.
- 114 funds opened new Cognizant positions in Q4 2014 and 50 closed out, a net change of +64 holders.
- The largest Cognizant buyer in Q4 2014 was Fidelity International, an estimated $171M added.
- The largest Cognizant seller in Q4 2014 was Lone Pine Capital, an estimated $292M sold.
Based on aggregated 13F filings for Q4 2014.