COGNEX CORP CGNX
COM · Common Stock · CUSIP 192422103 · ISIN US1924221039
American manufacturer of machine vision systems
- SectorTechnology
- IndustryIndustrial Instruments For Measurement, Display, and Control
- HeadquartersNatick, MA
- Founded1981
- Websitecognex.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($13.3m this quarter). Holder counts are more reliable. Shares outstanding: 172.3m as of 2023-07-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $55.98. Options: 10 managers hold calls ($31.4m notional), 9 hold puts ($5.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 474 |
| Q4 2022 | 485 |
| Q1 2023 | 487 |
| Q2 2023 | 487 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 209 | 210 |
| Q1 2023 | 211 | 231 |
| Q2 2023 | 201 | 233 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $18.1m | $11.5m | 0.64 |
| Q4 2022 | $19.0m | $5.8m | 0.31 |
| Q1 2023 | $7.7m | $2.0m | 0.26 |
| Q2 2023 | $31.4m | $5.5m | 0.18 |
Biggest buyers
| VANGUARD GROUP INC | Added | +855.9k |
| Impax Asset Management Group plc | Added | +855.0k |
| JENNISON ASSOCIATES LLC | Added | +467.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +457.2k |
| Mirae Asset Global Investments Co., Ltd. | Added | +435.5k |
| Twin Tree Management, LP | New | +278.3k |
| Invesco Ltd. | Added | +247.8k |
| Legal & General Group Plc | Added | +238.5k |
| GOLDMAN SACHS GROUP INC | Added | +167.9k |
| Squarepoint Ops LLC | Added | +157.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.2m |
| FMR LLC | Reduced | -1.0m |
| BlackRock Inc. | Reduced | -705.7k |
| CREDIT SUISSE AG/ | Reduced | -493.1k |
| Shannon River Fund Management LLC | Sold out | -364.7k |
| Bank of New York Mellon Corp | Reduced | -293.9k |
| DekaBank Deutsche Girozentrale | Reduced | -247.7k |
| Manning & Napier Group, LLC | Sold out | -193.0k |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -145.6k |
| Thematics Asset Management | Sold out | -144.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.8m193.0k shares |
| CITADEL ADVISORS LLC | Added | $6.6m117.2k shares |
| SIMPLEX TRADING, LLC | Added | $4.5m79.7k shares |
| PEAK6 Investments LLC | Added | $3.9m70.2k shares |
| JANE STREET GROUP, LLC | Added | $2.1m36.9k shares |
| GROUP ONE TRADING LLC | Added | $1.8m32.9k shares |
| Walleye Trading LLC | Reduced | $1.7m29.7k shares |
| Walleye Capital LLC | New | $84.0k1.5k shares |
| Focused Wealth Management, Inc | New | $12.2k3.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.7m30.0k shares |
| Interval Partners, LP | New | $1.7m30.0k shares |
| CITADEL ADVISORS LLC | Added | $896.3k16.0k shares |
| Walleye Trading LLC | Added | $890.7k15.9k shares |
| Walleye Capital LLC | Added | $313.7k5.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.0k500 shares |
| GROUP ONE TRADING LLC | Reduced | $22.4k400 shares |
| PEAK6 Investments LLC | New | $5.6k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $249.0k | — |
| Q1 2022 | 0 | — | 2 | $69.8k | — |
| Q2 2022 | 1 | $138.0k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $8.1m | — |
| Q1 2023 | 0 | — | 2 | $956.1k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 17.1m $959.7m | Added +855.9k |
| BlackRock Inc. 0.03% of their portfolio | 16.5m $924.4m | Reduced -705.7k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 10.7m $600.5m | Reduced -293.9k |
| STATE STREET CORP 0.02% of their portfolio | 5.6m $315.1m | Reduced -111.9k |
| BROWN CAPITAL MANAGEMENT LLC 4.11% of their portfolio | 5.2m $289.7m | Reduced -60.2k |
| T. Rowe Price Investment Management, Inc. 0.19% of their portfolio | 5.1m $283.9m | Added +3.7k |
| ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio | 4.8m $268.7m | Reduced -40.8k |
| LAZARD ASSET MANAGEMENT LLC 0.32% of their portfolio | 4.7m $263.2m | Reduced -28.4k |
| AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio | 4.1m $228.5m | Added +79.2k |
| Capital Research Global Investors 0.05% of their portfolio | 3.7m $205.2m | Added +2.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 3.4m $192.0m | Added +127.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.50% of their portfolio | 2.8m $154.9m | Added +457.2k |
| Impax Asset Management Group plc 0.55% of their portfolio | 2.4m $135.8m | Added +855.0k |
| Fundsmith LLP 0.48% of their portfolio | 2.1m $115.4m | Unchanged |
| DISCIPLINED GROWTH INVESTORS INC /MN 2.52% of their portfolio | 2.0m $111.9m | Reduced -77.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 1.9m $109.2m | Reduced -58.2k |
| Mirae Asset Global Investments Co., Ltd. 0.23% of their portfolio | 1.9m $108.6m | Added +435.5k |
| Invesco Ltd. 0.03% of their portfolio | 1.9m $105.9m | Added +247.8k |
| DekaBank Deutsche Girozentrale 0.23% of their portfolio | 1.9m $104.0m | Reduced -247.7k |
| RIVERBRIDGE PARTNERS LLC 1.29% of their portfolio | 1.8m $102.1m | Added +62.2k |
| NORGES BANK 0.02% of their portfolio | 1.8m $100.7m | Added +59.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.8m $99.1m | Reduced -145.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.6m $87.4m | Reduced -108.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.12% of their portfolio | 1.5m $86.7m | Added +10.6k |
| AMERICAN CAPITAL MANAGEMENT INC 2.98% of their portfolio | 1.5m $85.8m | Reduced -50.8k |
| Chevy Chase Trust Holdings, LLC 0.32% of their portfolio | 1.5m $85.7m | Added +115.1k |
| BAMCO INC /NY/ 0.23% of their portfolio | 1.5m $84.0m | Unchanged |
| EAGLE ASSET MANAGEMENT INC 0.45% of their portfolio | 1.4m $80.7m | Reduced -75.9k |
| GW&K Investment Management, LLC 0.73% of their portfolio | 1.4m $76.5m | Reduced -15.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $68.4m | Reduced -8.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 1.2m $67.6m | Reduced -8.4k |
| AXA S.A. 0.22% of their portfolio | 1.2m $65.9m | Reduced -104.1k |
| BAILLIE GIFFORD & CO 0.05% of their portfolio | 1.1m $62.1m | Added +34.7k |
| Legal & General Group Plc 0.02% of their portfolio | 1.1m $61.0m | Added +238.5k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 994.7k $55.7m | Added +467.7k |
| FMR LLC 0.00% of their portfolio | 985.6k $55.2m | Reduced -1.0m |
| Front Street Capital Management, Inc. 11.20% of their portfolio | 946.7k $53.0m | Reduced -8.2k |
| MORGAN STANLEY 0.01% of their portfolio | 925.4k $51.8m | Reduced -18.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 903.2k $50.6m | Reduced -1.2m |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 891.9k $50.0m | Reduced -493.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 834.9k $46.8m | Reduced -46.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio | 796.0k $44.7m | Reduced -36.3k |
| Fiera Capital Corp 0.12% of their portfolio | 757.4k $42.4m | Reduced -14.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 740.2k $41.5m | Reduced -25.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 715.1k $40.1m | Added +20.0k |
| ROYCE & ASSOCIATES LP 0.38% of their portfolio | 689.6k $38.6m | Added +9.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 686.6k $38.5m | Added +13.9k |
| Thrivent Financial for Lutherans 0.09% of their portfolio | 679.6k $38.1m | Reduced -12.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 667.1k $37.4m | Reduced -130.6k |
| SNYDER CAPITAL MANAGEMENT L P 0.79% of their portfolio | 659.6k $36.9m | Reduced -2.1k |
| Stephens Investment Management Group LLC 0.56% of their portfolio | 643.1k $36.0m | Added +14.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 632.8k $31.4m | Unchanged |
| Swiss National Bank 0.02% of their portfolio | 623.7k $34.9m | Reduced -62.6k |
| Varma Mutual Pension Insurance Co 0.37% of their portfolio | 559.3k $31.3m | Reduced -96.4k |
| PINNACLE ASSOCIATES LTD 0.53% of their portfolio | 546.1k $30.6m | Reduced -17.2k |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 542.5k $30.4m | Added +2.8k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 531.0k $29.7m | Reduced -7.2k |
| Capital International Investors 0.01% of their portfolio | 530.0k $29.7m | Unchanged |
| TD Asset Management Inc 0.03% of their portfolio | 525.7k $29.4m | Reduced -822 |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 501.7k $28.1m | Reduced -38.7k |
| Copeland Capital Management, LLC 0.56% of their portfolio | 487.8k $27.3m | Added +38.3k |
| EXCHANGE TRADED CONCEPTS, LLC 0.63% of their portfolio | 453.2k $25.4m | Reduced -13.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 446.6k $25.0m | Added +167.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 392.6k $22.0m | Reduced -82.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 387.6k $21.7m | Added +2.9k |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 373.1k $20.9m | Reduced -123.3k |
| GREAT LAKES ADVISORS, LLC 0.21% of their portfolio | 366.4k $20.5m | Added +24.1k |
| Montanaro Asset Management Ltd 3.16% of their portfolio | 356.5k $20.0m | Reduced -95.5k |
| Squarepoint Ops LLC 0.11% of their portfolio | 345.5k $19.4m | Added +157.7k |
| California Public Employees Retirement System 0.02% of their portfolio | 326.8k $18.3m | Reduced -31.1k |
| Welch & Forbes LLC 0.28% of their portfolio | 318.3k $17.8m | Added +7.7k |
| Polar Capital Holdings Plc 0.12% of their portfolio | 315.9k $17.7m | Added +60.4k |
| Amundi 0.01% of their portfolio | 305.3k $17.1m | Added +122.5k |
| TCW GROUP INC 0.19% of their portfolio | 304.4k $17.1m | Added +20.4k |
| Foster Victor Wealth Advisors, LLC 1.83% of their portfolio | 299.2k $16.5m | Added +20.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 278.3k $15.6m | Reduced -7.7k |
| Twin Tree Management, LP 0.32% of their portfolio | 278.3k $15.6m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 274.8k $15.4m | Added +204 |
| Conestoga Capital Advisors, LLC 0.24% of their portfolio | 272.6k $15.3m | Reduced -190 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 270.9k $15.2m | Reduced -71.9k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.09% of their portfolio | 260.3k $14.6m | Reduced -7.3k |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 0.64% of their portfolio | 247.7k $13.9m | Reduced -42.3k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 240.7k $13.5m | Added +37.7k |
| NZS Capital, LLC 0.66% of their portfolio | 234.0k $13.1m | Added +143.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 231.1k $13.1m | Reduced -20.0k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 227.6k $12.8m | Added +99.8k |
| Retirement Systems of Alabama 0.06% of their portfolio | 222.4k $12.5m | Reduced -3.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 200.7k $11.2m | Added +9.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 199.9k $11.2m | Reduced -3.5k |
| BARCLAYS PLC 0.01% of their portfolio | 190.1k $10.6m | Added +17.1k |
| C WorldWide Group Holding A/S 0.13% of their portfolio | 181.7k $10.2m | Reduced -13.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 180.9k $10.1m | Reduced -7.7k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 180.2k $10.1m | Added +21.3k |
| UBS Group AG 0.00% of their portfolio | 168.2k $9.4m | Added +2.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 165.4k $9.3m | Added +145.6k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 160.6k $9.0m | Added +57.2k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 158.3k $8.9m | Reduced -10.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.08% of their portfolio | 152.0k $8.5m | Reduced -3.1k |
| APG Asset Management N.V. 0.02% of their portfolio | 150.8k $7.7m | Reduced -6.0k |
| Alpine Peaks Capital, LP 5.88% of their portfolio | 149.6k $8.4m | Reduced -8.8k |