Cognizant
CTSH
706 hedge funds and large institutions have $28.5B invested in Cognizant in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 281 increasing their positions, 255 reducing their positions, and 44 closing their positions.
70% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 44
10% more repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 255
3% more funds holding
Funds holding: 683 → 706 (+23)
0% less capital invested
Capital invested by funds: $28.6B → $28.5B (-$90.8M)
24% less call options, than puts
Call options by funds: $96.2M | Put options by funds: $126M
29% less funds holding in top 10
Funds holding in top 10: 45 → 32 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$362M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$329M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$150M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$94.7M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$73.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$243M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$218M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$189M |
| 4 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
-$126M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$106M |
CTSH Hedge Fund Activity: Q1 2014 in Review
706 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cognizant (CTSH) for Q1 2014, worth a combined $28.5B — down 0.32% from $28.6B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new CTSH positions and 44 closed out — a net gain of 31 holders — while 281 added to existing stakes and 255 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $362M. The largest seller was Viking Global Investors, exiting entirely with an estimated $243M sold.
- 706 institutional investors held Cognizant (CTSH) as of Q1 2014, up from 683 in Q4 2013.
- Funds reported $28.5B of Cognizant stock for Q1 2014, down 0.32% quarter-over-quarter.
- 75 funds opened new Cognizant positions in Q1 2014 and 44 closed out, a net change of +31 holders.
- The largest Cognizant buyer in Q1 2014 was Lone Pine Capital, an estimated $362M added.
- The largest Cognizant seller in Q1 2014 was Viking Global Investors, an estimated $243M sold.
Based on aggregated 13F filings for Q1 2014.