Cognizant
CTSH
785 hedge funds and large institutions have $34.3B invested in Cognizant in 2015 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 255 increasing their positions, 339 reducing their positions, and 58 closing their positions.
64% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 58
25% more funds holding in top 10
Funds holding in top 10: 40 → 50 (+10)
18% more capital invested
Capital invested by funds: $29B → $34.3B (+$5.31B)
3% more funds holding
Funds holding: 760 → 785 (+25)
25% less repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 339
45% less call options, than puts
Call options by funds: $84.9M | Put options by funds: $155M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$514M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$361M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$230M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$189M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$188M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$657M |
| 2 |
WP
Wedgewood Partners
St Louis,
Missouri
|
-$129M |
| 3 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$107M |
| 4 |
JP Morgan Chase
New York
|
-$104M |
| 5 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$81.3M |
CTSH Hedge Fund Activity: Q1 2015 in Review
785 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cognizant (CTSH) for Q1 2015, worth a combined $34.3B — up 18% from $29B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new CTSH positions and 58 closed out — a net gain of 37 holders — while 255 added to existing stakes and 339 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $514M. The largest seller was Lone Pine Capital, cutting an estimated $657M.
- 785 institutional investors held Cognizant (CTSH) as of Q1 2015, up from 760 in Q4 2014.
- Funds reported $34.3B of Cognizant stock for Q1 2015, up 18% quarter-over-quarter.
- 95 funds opened new Cognizant positions in Q1 2015 and 58 closed out, a net change of +37 holders.
- The largest Cognizant buyer in Q1 2015 was Bank of New York Mellon, an estimated $514M added.
- The largest Cognizant seller in Q1 2015 was Lone Pine Capital, an estimated $657M sold.
Based on aggregated 13F filings for Q1 2015.