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 ($134.1m this quarter). Holder counts are more reliable. Shares outstanding: 507.5m as of 2023-04-28, 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 ≈ $60.85. Options: 30 managers hold calls ($192.4m notional), 28 hold puts ($159.6m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 890 |
| Q4 2022 | 865 |
| Q1 2023 | 836 |
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 | 334 | 471 |
| Q1 2023 | 369 | 418 |
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 |
| Q1 2023 | $192.4m | $159.6m | 0.83 |
Biggest buyers
| FMR LLC | Added | +11.2m |
| JPMORGAN CHASE & CO | Added | +6.0m |
| Capital Research Global Investors | Added | +4.6m |
| TORONTO DOMINION BANK | Added | +4.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.0m |
| HSBC HOLDINGS PLC | Added | +1.8m |
| HAWK RIDGE CAPITAL MANAGEMENT LP | New | +1.5m |
| CITADEL ADVISORS LLC | Added | +1.1m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +700.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +601.9k |
Biggest sellers
| JANUS HENDERSON GROUP PLC | Reduced | -3.1m |
| FIRST TRUST ADVISORS LP | Reduced | -2.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.7m |
| Scharf Investments, LLC | Sold out | -1.6m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.4m |
| D. E. Shaw & Co., Inc. | Reduced | -1.3m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -1.2m |
| WEDGE CAPITAL MANAGEMENT L L P/NC | Sold out | -1.1m |
| Invesco Ltd. | Reduced | -1.1m |
Biggest calls
| UBS Group AG | Added | $32.5m533.0k shares |
| NOMURA HOLDINGS INC | Added | $26.3m431.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.7m389.0k shares |
| CITADEL ADVISORS LLC | Reduced | $23.2m380.7k shares |
| JANE STREET GROUP, LLC | Reduced | $14.9m244.4k shares |
| Oribel Capital Management, LP | Added | $12.0m197.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.7m191.2k shares |
| GOLDMAN SACHS GROUP INC | New | $9.4m154.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.0m132.1k shares |
| Squarepoint Ops LLC | Reduced | $6.6m109.1k shares |
Biggest puts
| UBS Group AG | Added | $44.8m735.5k shares |
| GOLDMAN SACHS GROUP INC | New | $21.5m352.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.4m317.7k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $12.9m2.1k shares |
| CITADEL ADVISORS LLC | Reduced | $12.5m205.9k shares |
| Squarepoint Ops LLC | Reduced | $6.8m111.3k shares |
| SIMPLEX TRADING, LLC | Added | $6.4m104.9k shares |
| JANE STREET GROUP, LLC | Reduced | $5.6m92.2k shares |
| NOMURA HOLDINGS INC | New | $4.9m80.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $4.6m75.6k 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 Q1 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.10% of their portfolio | 57.9m $3.5bn | Added +233.3k |
| VANGUARD GROUP INC 0.07% of their portfolio | 43.8m $2.7bn | Added +38.4k |
| FMR LLC 0.07% of their portfolio | 26.1m $1.6bn | Added +11.2m |
| STATE STREET CORP 0.08% of their portfolio | 22.4m $1.4bn | Added +473.8k |
| Dodge & Cox 0.83% of their portfolio | 20.0m $1.2bn | Reduced -313.5k |
| Bank of New York Mellon Corp 0.24% of their portfolio | 17.8m $1.1bn | Reduced -82.1k |
| PZENA INVESTMENT MANAGEMENT LLC 4.64% of their portfolio | 17.7m $1.1bn | Added +299.7k |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 13.1m $801.2m | Added +6.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.12% of their portfolio | 9.9m $604.3m | Added +3.0m |
| Invesco Ltd. 0.17% of their portfolio | 9.8m $598.5m | Reduced -1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 9.7m $590.4m | Added +93.5k |
| Boston Partners 0.67% of their portfolio | 8.0m $487.7m | Reduced -525.4k |
| MACQUARIE GROUP LTD 0.54% of their portfolio | 7.5m $454.6m | Added +425.0k |
| ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio | 6.6m $403.5m | Reduced -725.5k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 6.4m $387.7m | Reduced -3.7k |
| Capital Research Global Investors 0.11% of their portfolio | 6.2m $376.4m | Added +4.6m |
| TORONTO DOMINION BANK 0.61% of their portfolio | 6.2m $375.9m | Added +4.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.13% of their portfolio | 6.1m $370.6m | Reduced -2.4m |
| FIRST TRUST ADVISORS LP 0.41% of their portfolio | 5.9m $358.4m | Reduced -2.7m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.38% of their portfolio | 5.9m $357.6m | Added +12.0k |
| HSBC HOLDINGS PLC 0.45% of their portfolio | 5.7m $346.7m | Added +1.8m |
| NORGES BANK 0.07% of their portfolio | 5.5m $337.6m | Reduced -1.0m |
| YACKTMAN ASSET MANAGEMENT LP 3.23% of their portfolio | 5.4m $326.3m | Added +9.6k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 5.0m $305.1m | Added +601.9k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.8m $293.3m | Added +15.0k |
| Amundi 0.15% of their portfolio | 4.4m $270.1m | Added +64.8k |
| Legal & General Group Plc 0.10% of their portfolio | 4.4m $270.0m | Reduced -48.3k |
| LAZARD ASSET MANAGEMENT LLC 0.30% of their portfolio | 3.7m $226.8m | Added +170.4k |
| MORGAN STANLEY 0.02% of their portfolio | 3.7m $222.6m | Reduced -387.7k |
| California Public Employees Retirement System 0.18% of their portfolio | 3.3m $198.1m | Reduced -204.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 3.2m $196.8m | Added +146.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 3.0m $180.5m | Added +34.6k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.8m $169.4m | Reduced -58.0k |
| NATIONAL BANK OF CANADA /FI/ 0.42% of their portfolio | 2.6m $156.5m | Reduced -315.2k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 2.5m $155.3m | Reduced -240.3k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 2.4m $146.0m | Reduced -22.6k |
| Pacer Advisors, Inc. 0.61% of their portfolio | 2.4m $143.8m | Added +504.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.19% of their portfolio | 2.2m $131.3m | Reduced -1.2m |
| AQR CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 2.1m $127.5m | Reduced -180.6k |
| Mawer Investment Management Ltd. 0.69% of their portfolio | 2.1m $126.0m | Added +40.2k |
| Swiss National Bank 0.09% of their portfolio | 2.0m $124.3m | Reduced -66.2k |
| FIL Ltd 0.14% of their portfolio | 2.0m $122.2m | Added +47.0k |
| D. E. Shaw & Co., Inc. 0.19% of their portfolio | 1.9m $117.2m | Reduced -1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.15% of their portfolio | 1.9m $116.7m | Reduced -546.3k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 1.9m $116.3m | Reduced -152.2k |
| COMGEST GLOBAL INVESTORS S.A.S. 2.15% of their portfolio | 1.9m $114.5m | Reduced -100.9k |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 1.8m $108.2m | Added +1.1m |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.8m $107.6m | Added +24.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.8m $78.6m | Added +506.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.31% of their portfolio | 1.7m $105.6m | Reduced -3.4k |
| STIFEL FINANCIAL CORP 0.14% of their portfolio | 1.6m $96.0m | Added +75.0k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 1.6m $95.4m | Added +562.1k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 5.29% of their portfolio | 1.5m $93.2m | New |
| Russell Investments Group, Ltd. 0.17% of their portfolio | 1.5m $89.0m | Reduced -83.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.12% of their portfolio | 1.4m $88.2m | Reduced -44.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.20% of their portfolio | 1.3m $81.9m | Reduced -38.1k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.3m $80.1m | Reduced -38.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio | 1.3m $79.4m | Added +700.8k |
| BARCLAYS PLC 0.08% of their portfolio | 1.3m $79.3m | Reduced -1.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.2m $75.9m | Reduced -14.2k |
| Retirement Systems of Alabama 0.32% of their portfolio | 1.2m $74.1m | Reduced -14.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 1.2m $73.8m | Reduced -101.1k |
| UBS Group AG 0.03% of their portfolio | 1.2m $73.0m | Added +72.3k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 1.2m $71.4m | Reduced -1.7m |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.2m $71.0m | Reduced -810.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 1.1m $67.0m | Added +2.2k |
| National Pension Service 0.12% of their portfolio | 1.1m $63.3m | Added +100.7k |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 1.0m $61.7m | Added +13.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.30% of their portfolio | 984.0k $60.0m | Reduced -492.0k |
| BRANDES INVESTMENT PARTNERS, LP 1.27% of their portfolio | 980.4k $59.7m | Added +159.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 968.9k $59.0m | Reduced -164.3k |
| Railway Pension Investments Ltd 0.59% of their portfolio | 944.2k $57.5m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 923.7k $56.4m | Added +29.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 873.9k $53.2m | Reduced -12.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 842.7k $51.3m | Added +206.3k |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 807.5k $49.2m | Reduced -512.7k |
| GENERATION INVESTMENT MANAGEMENT LLP 0.26% of their portfolio | 787.2k $48.0m | Reduced -11.9k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 735.6k $44.8m | Added +92.5k |
| APG Asset Management N.V. 0.08% of their portfolio | 693.9k $38.9m | Reduced -99.4k |
| PANAGORA ASSET MANAGEMENT INC 0.26% of their portfolio | 669.1k $40.8m | Reduced -34.9k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.23% of their portfolio | 663.2k $40.4m | Added +31.3k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 663.2k $40.4m | Reduced -190.4k |
| TD Asset Management Inc 0.05% of their portfolio | 661.7k $40.3m | Added +44.2k |
| BANK OF NOVA SCOTIA 0.12% of their portfolio | 660.1k $40.2m | Added +270.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.20% of their portfolio | 657.5k $40.1m | Added +55.5k |
| C Partners Holding GmbH 7.78% of their portfolio | 656.6k $40.0m | Reduced -55.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 650.4k $39.6m | Added +2.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 638.9k $38.9m | Added +9.2k |
| AXA S.A. 0.13% of their portfolio | 634.7k $38.7m | Added +255.0k |
| DekaBank Deutsche Girozentrale 0.09% of their portfolio | 634.1k $37.6m | Reduced -341.4k |
| ASSETMARK, INC 0.16% of their portfolio | 626.8k $38.2m | Added +65.6k |
| PICTET ASSET MANAGEMENT SA 0.05% of their portfolio | 620.5k $37.8m | Reduced -22.8k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 615.4k $37.5m | Added +116.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 602.0k $36.7m | Reduced -7.4k |
| STRS OHIO 0.05% of their portfolio | 579.4k $35.3m | Added +386.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.16% of their portfolio | 573.3k $34.9m | Reduced -147.3k |
| Saratoga Research & Investment Management 1.66% of their portfolio | 572.3k $34.9m | Reduced -89.8k |
| NATIXIS ADVISORS, LLC 0.12% of their portfolio | 552.2k $33.6m | Added +17.5k |
| CITIGROUP INC 0.04% of their portfolio | 549.5k $33.5m | Reduced -56.4k |
| ProShare Advisors LLC 0.10% of their portfolio | 530.1k $32.3m | Added +52.8k |