Cognizant
CTSH
640 hedge funds and large institutions have $23.3B invested in Cognizant in 2013 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 221 increasing their positions, 261 reducing their positions, and 44 closing their positions.
105% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 44
90% more funds holding in top 10
Funds holding in top 10: 21 → 40 (+19)
43% more call options, than puts
Call options by funds: $764M | Put options by funds: $533M
33% more capital invested
Capital invested by funds: $17.5B → $23.3B (+$5.8B)
7% more funds holding
Funds holding: 599 → 640 (+41)
15% less repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 261
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$184M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$148M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$144M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$140M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$177M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$147M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$123M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$95.2M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$88.5M |
CTSH Hedge Fund Activity: Q3 2013 in Review
640 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Cognizant (CTSH) for Q3 2013, worth a combined $23.3B — up 33% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CTSH positions and 44 closed out — a net gain of 46 holders — while 221 added to existing stakes and 261 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $184M. The largest seller was Maverick Capital, exiting entirely with an estimated $177M sold.
- 640 institutional investors held Cognizant (CTSH) as of Q3 2013, up from 599 in Q2 2013.
- Funds reported $23.3B of Cognizant stock for Q3 2013, up 33% quarter-over-quarter.
- 90 funds opened new Cognizant positions in Q3 2013 and 44 closed out, a net change of +46 holders.
- The largest Cognizant buyer in Q3 2013 was Wellington Management Group, an estimated $184M added.
- The largest Cognizant seller in Q3 2013 was Maverick Capital, an estimated $177M sold.
Based on aggregated 13F filings for Q3 2013.