Cognizant
CTSH
845 hedge funds and large institutions have $34B invested in Cognizant in 2020 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 268 increasing their positions, 354 reducing their positions, and 68 closing their positions.
41% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 68
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
18% more capital invested
Capital invested by funds: $28.8B → $34B (+$5.27B)
3% more funds holding
Funds holding: 823 → 845 (+22)
4% less call options, than puts
Call options by funds: $156M | Put options by funds: $162M
3.02% less ownership
Funds ownership: 93.42% → 90.4% (-3%)
24% less repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 354
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$131M |
| 2 |
JCM
Junto Capital Management
New York
|
+$98M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$66.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.8M |
| 5 |
Neuberger Berman Group
New York
|
+$58.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$738M |
| 2 |
Goldman Sachs
New York
|
-$139M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$123M |
| 4 |
BlackRock
New York
|
-$104M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$73.8M |
CTSH Hedge Fund Activity: Q3 2020 in Review
845 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Cognizant (CTSH) for Q3 2020, worth a combined $34B — up 18% from $28.8B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new CTSH positions and 68 closed out — a net gain of 28 holders — while 268 added to existing stakes and 354 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $131M. The largest seller was Nordea Investment Management, cutting an estimated $738M.
- 845 institutional investors held Cognizant (CTSH) as of Q3 2020, up from 823 in Q2 2020.
- Funds reported $34B of Cognizant stock for Q3 2020, up 18% quarter-over-quarter.
- 96 funds opened new Cognizant positions in Q3 2020 and 68 closed out, a net change of +28 holders.
- The largest Cognizant buyer in Q3 2020 was Fidelity Investments, an estimated $131M added.
- The largest Cognizant seller in Q3 2020 was Nordea Investment Management, an estimated $738M sold.
Based on aggregated 13F filings for Q3 2020.