COGNIZANT TECHNOLOGY SOLUTIO CTSH
CL A · Common Stock · CUSIP 192446102 · ISIN US1924461023
American multinational information technology
- SectorTechnology
- IndustryServices-Computer Programming Services
- HeadquartersTeaneck, NJ
- Founded1994
- Websitecognizant.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 ($135.7m this quarter). Holder counts are more reliable. Shares outstanding: 509.3m as of 2023-02-10, 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 ≈ $57.20. Options: 30 managers hold calls ($211.7m notional), 27 hold puts ($136.6m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 890 |
| Q4 2022 | 865 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $157.3m | $133.1m | 0.85 |
| Q4 2022 | $211.7m | $136.6m | 0.65 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +3.4m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +3.1m |
| NATIONAL BANK OF CANADA /FI/ | Added | +2.8m |
| HSBC HOLDINGS PLC | Added | +2.8m |
| BlackRock Inc. | Added | +2.7m |
| TORONTO DOMINION BANK | Added | +1.7m |
| LAZARD ASSET MANAGEMENT LLC | Added | +1.2m |
| ROYAL BANK OF CANADA | Added | +1.1m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +1.0m |
| NORGES BANK | Added | +961.6k |
Biggest sellers
| FMR LLC | Reduced | -7.8m |
| Invesco Ltd. | Reduced | -4.8m |
| JENSEN INVESTMENT MANAGEMENT INC | Reduced | -3.9m |
| Dodge & Cox | Reduced | -3.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.8m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.7m |
| Boston Partners | Reduced | -1.2m |
| Capital Research Global Investors | Reduced | -1.1m |
| LGT CAPITAL PARTNERS LTD. | Reduced | -888.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -807.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $36.3m635.0k shares |
| JANE STREET GROUP, LLC | Added | $27.5m480.6k shares |
| CITADEL ADVISORS LLC | Added | $26.4m461.2k shares |
| UBS Group AG | Added | $24.2m423.2k shares |
| Parallax Volatility Advisers, L.P. | Added | $19.9m348.8k shares |
| Squarepoint Ops LLC | Added | $13.0m227.4k shares |
| SIMPLEX TRADING, LLC | Added | $11.5m201.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $8.8m1.5k shares |
| WOLVERINE TRADING, LLC | Added | $8.1m141.1k shares |
| Oribel Capital Management, LP | New | $7.2m126.6k shares |
Biggest puts
| UBS Group AG | Added | $29.9m522.2k shares |
| Squarepoint Ops LLC | Added | $19.1m334.2k shares |
| CITADEL ADVISORS LLC | Added | $15.7m274.5k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $13.3m2.3k shares |
| JANE STREET GROUP, LLC | Added | $10.7m187.9k shares |
| Parallax Volatility Advisers, L.P. | Added | $8.1m141.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.3m127.8k shares |
| BANK OF AMERICA CORP /DE/ | New | $4.3m75.0k shares |
| Twin Tree Management, LP | Reduced | $4.1m72.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.0m70.1k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 8.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| Invesco Ltd. 13G · institution new · filed 2026-07-15 | 5.9% |
| PZENA INVESTMENT MANAGEMENT LLC 13G · institution new · filed 2026-07-17 | 5.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $737.7k | — |
| Q1 2022 | 0 | — | 4 | $1.6m | — |
| Q2 2022 | 0 | — | 2 | $876.3k | — |
| Q3 2022 | 0 | — | 1 | $285.8k | — |
| Q4 2022 | 0 | — | 1 | $174.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-11-07 | Mackay Leo S. Jr. Director | Sold | $174.2k3.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.10% of their portfolio | 57.7m $3.3bn | Added +2.7m |
| VANGUARD GROUP INC 0.07% of their portfolio | 43.7m $2.5bn | Added +205.6k |
| STATE STREET CORP 0.07% of their portfolio | 21.9m $1.3bn | Reduced -78.1k |
| Dodge & Cox 0.80% of their portfolio | 20.3m $1.2bn | Reduced -3.8m |
| Bank of New York Mellon Corp 0.23% of their portfolio | 17.9m $1.0bn | Reduced -191.5k |
| PZENA INVESTMENT MANAGEMENT LLC 4.39% of their portfolio | 17.4m $992.7m | Added +3.1m |
| FMR LLC 0.08% of their portfolio | 14.9m $850.9m | Reduced -7.8m |
| Invesco Ltd. 0.18% of their portfolio | 10.9m $623.9m | Reduced -4.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 9.6m $549.1m | Reduced -276 |
| FIRST TRUST ADVISORS LP 0.58% of their portfolio | 8.6m $489.9m | Added +3.4m |
| Boston Partners 0.66% of their portfolio | 8.5m $490.8m | Reduced -1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.17% of their portfolio | 8.5m $485.4m | Reduced -807.2k |
| ALLIANCEBERNSTEIN L.P. 0.19% of their portfolio | 7.3m $420.2m | Reduced -82.5k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 7.1m $406.1m | Reduced -43.3k |
| MACQUARIE GROUP LTD 0.48% of their portfolio | 7.0m $402.4m | Added +321.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 6.9m $394.6m | Reduced -1.8m |
| NORGES BANK 0.09% of their portfolio | 6.5m $374.4m | Added +961.6k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 6.4m $364.2m | Added +113.3k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.26% of their portfolio | 5.9m $334.9m | Reduced -538.9k |
| YACKTMAN ASSET MANAGEMENT LP 3.05% of their portfolio | 5.3m $305.7m | Reduced -167.0k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.8m $274.5m | Reduced -303.3k |
| Legal & General Group Plc 0.10% of their portfolio | 4.5m $256.2m | Reduced -240.1k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 4.4m $252.0m | Added +171.1k |
| Amundi 0.15% of their portfolio | 4.4m $269.6m | Added +658.9k |
| MORGAN STANLEY 0.03% of their portfolio | 4.0m $231.1m | Reduced -8.3k |
| HSBC HOLDINGS PLC 0.28% of their portfolio | 3.9m $223.0m | Added +2.8m |
| LAZARD ASSET MANAGEMENT LLC 0.28% of their portfolio | 3.6m $203.1m | Added +1.2m |
| California Public Employees Retirement System 0.17% of their portfolio | 3.5m $197.7m | Reduced -226.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.30% of their portfolio | 3.4m $190.9m | Added +55.7k |
| JANUS HENDERSON GROUP PLC 0.13% of their portfolio | 3.2m $185.3m | Reduced -1.7m |
| D. E. Shaw & Co., Inc. 0.31% of their portfolio | 3.2m $183.0m | Added +902.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 3.1m $176.4m | Reduced -250.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 2.9m $167.4m | Added +95.1k |
| NATIONAL BANK OF CANADA /FI/ 0.45% of their portfolio | 2.9m $164.9m | Added +2.8m |
| MILLENNIUM MANAGEMENT LLC 0.18% of their portfolio | 2.9m $163.2m | Added +639.3k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.8m $162.3m | Reduced -369.3k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 2.8m $159.6m | Reduced -171.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.20% of their portfolio | 2.5m $140.8m | Added +426.3k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 2.4m $138.4m | Added +124.5k |
| BARCLAYS PLC 0.12% of their portfolio | 2.3m $133.3m | First filing |
| AQR CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 2.3m $130.1m | Added +586.0k |
| Swiss National Bank 0.09% of their portfolio | 2.1m $120.4m | Reduced -152.8k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 2.1m $117.9m | Added +417.8k |
| Mawer Investment Management Ltd. 0.65% of their portfolio | 2.0m $116.0m | Added +13.3k |
| TORONTO DOMINION BANK 0.17% of their portfolio | 2.0m $113.3m | Added +1.7m |
| COMGEST GLOBAL INVESTORS S.A.S. 2.50% of their portfolio | 2.0m $113.3m | Reduced -9.6k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 2.0m $113.0m | Added +1.1m |
| FIL Ltd 0.13% of their portfolio | 2.0m $112.1m | Reduced -73.3k |
| Pacer Advisors, Inc. 0.54% of their portfolio | 1.9m $106.1m | Added +764.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.7m $99.6m | Reduced -25.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.32% of their portfolio | 1.7m $99.3m | Reduced -36.6k |
| Scharf Investments, LLC 3.01% of their portfolio | 1.6m $92.1m | Reduced -130.8k |
| Russell Investments Group, Ltd. 0.18% of their portfolio | 1.6m $88.8m | Reduced -65.4k |
| Capital Research Global Investors 0.03% of their portfolio | 1.5m $88.0m | Reduced -1.1m |
| STIFEL FINANCIAL CORP 0.13% of their portfolio | 1.5m $85.8m | Added +88.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.12% of their portfolio | 1.5m $85.3m | Added +288.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.47% of their portfolio | 1.5m $84.4m | Added +1.0m |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 1.4m $80.6m | Reduced -254.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.21% of their portfolio | 1.4m $79.0m | Reduced -2.2k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.4m $77.4m | Reduced -101.9k |
| CREDIT SUISSE AG/ 0.08% of their portfolio | 1.3m $75.5m | Added +538.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 1.3m $75.1m | Reduced -32.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.3m $72.0m | Reduced -180.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.2m $71.5m | Reduced -13.4k |
| Retirement Systems of Alabama 0.31% of their portfolio | 1.2m $70.3m | Reduced -7.3k |
| LGT CAPITAL PARTNERS LTD. 1.90% of their portfolio | 1.1m $64.9m | Reduced -888.8k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.1m $64.8m | Reduced -109.1k |
| UBS Group AG 0.03% of their portfolio | 1.1m $64.4m | Added +455.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 1.1m $62.8m | Reduced -67.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 1.01% of their portfolio | 1.1m $62.4m | Added +221.0k |
| NATIXIS 0.34% of their portfolio | 1.0m $57.5m | Added +959.1k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.0m $57.3m | Added +161.5k |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 999.1k $57.1m | Added +33.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio | 986.1k $56.4m | Added +268.1k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 975.5k $55.2m | Reduced -116.7k |
| National Pension Service 0.11% of their portfolio | 958.4k $54.8m | Added +26.6k |
| Railway Pension Investments Ltd 0.54% of their portfolio | 944.2k $54.0m | Added +14.0k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 894.0k $51.4m | Added +147.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 886.6k $50.7m | Added +3.2k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 853.6k $48.8m | Reduced -395.5k |
| BRANDES INVESTMENT PARTNERS, LP 1.32% of their portfolio | 821.4k $47.0m | Added +421.8k |
| GENERATION INVESTMENT MANAGEMENT LLP 0.26% of their portfolio | 799.1k $45.7m | Reduced -11.6k |
| APG Asset Management N.V. 0.09% of their portfolio | 793.3k $45.4m | Added +484.3k |
| COMPASS CAPITAL MANAGEMENT, INC 3.43% of their portfolio | 732.3k $41.9m | Added +22.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.19% of their portfolio | 720.6k $41.2m | Reduced -104.8k |
| C Partners Holding GmbH 7.99% of their portfolio | 712.2k $40.7m | Unchanged |
| NOMURA HOLDINGS INC 0.41% of their portfolio | 705.9k $40.4m | Added +683.4k |
| PANAGORA ASSET MANAGEMENT INC 0.26% of their portfolio | 704.0k $40.3m | Added +47.5k |
| Saratoga Research & Investment Management 1.87% of their portfolio | 662.1k $37.9m | Reduced -19.5k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 659.4k $37.7m | Reduced -259.4k |
| Caisse de depot et placement du Quebec 0.12% of their portfolio | 655.8k $37.5m | Added +9.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 647.7k $37.0m | Reduced -14.1k |
| PICTET ASSET MANAGEMENT SA 0.05% of their portfolio | 643.3k $36.8m | Added +27.9k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 643.1k $36.8m | Reduced -327.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 636.4k $36.4m | Added +28.5k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.20% of their portfolio | 631.9k $36.1m | Reduced -5.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 629.7k $36.0m | Reduced -20.5k |
| TD Asset Management Inc 0.04% of their portfolio | 617.5k $35.3m | Reduced -55.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 609.4k $34.9m | Added +8.0k |
| CITIGROUP INC 0.05% of their portfolio | 605.9k $34.7m | Added +200.0k |