Cognizant
CTSH
826 hedge funds and large institutions have $23B invested in Cognizant in 2020 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 259 increasing their positions, 405 reducing their positions, and 143 closing their positions.
18% more call options, than puts
Call options by funds: $123M | Put options by funds: $104M
0.2% more ownership
Funds ownership: 90.19% → 90.39% (+0.2%)
10% less funds holding
Funds holding: 918 → 826 (-92)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
25% less capital invested
Capital invested by funds: $30.6B → $23B (-$7.57B)
36% less repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 405
58% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$391M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$308M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$153M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$112M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$112M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$103M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$97.4M |
| 4 |
Flossbach Von Storch
Cologne,
Germany
|
-$96.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$96.9M |
CTSH Hedge Fund Activity: Q1 2020 in Review
826 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cognizant (CTSH) for Q1 2020, worth a combined $23B — down 25% from $30.6B a quarter earlier.
Sellers outnumbered buyers: 143 funds closed out of CTSH and 60 opened new positions — a net loss of 83 holders — while 405 trimmed existing stakes and 259 added.
The largest buyer was Dodge & Cox, adding an estimated $391M. The largest seller was T. Rowe Price Associates, cutting an estimated $112M.
- 826 institutional investors held Cognizant (CTSH) as of Q1 2020, down from 918 in Q4 2019.
- Funds reported $23B of Cognizant stock for Q1 2020, down 25% quarter-over-quarter.
- 60 funds opened new Cognizant positions in Q1 2020 and 143 closed out, a net change of -83 holders.
- The largest Cognizant buyer in Q1 2020 was Dodge & Cox, an estimated $391M added.
- The largest Cognizant seller in Q1 2020 was T. Rowe Price Associates, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2020.