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 ($170.3m this quarter). Holder counts are more reliable. Shares outstanding: 497.8m as of 2024-02-09, 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 ≈ $75.48. Options: 30 managers hold calls ($195.6m notional), 29 hold puts ($263.2m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 890 |
| Q4 2022 | 865 |
| Q1 2023 | 836 |
| Q2 2023 | 854 |
| Q3 2023 | 855 |
| Q4 2023 | 919 |
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 |
| Q2 2023 | 369 | 388 |
| Q3 2023 | 377 | 389 |
| Q4 2023 | 390 | 405 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $192.4m | $159.6m | 0.83 |
| Q2 2023 | $194.2m | $144.9m | 0.75 |
| Q3 2023 | $234.1m | $173.4m | 0.74 |
| Q4 2023 | $195.6m | $263.2m | 1.35 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +18.1m |
| VANGUARD GROUP INC | Added | +7.4m |
| MORGAN STANLEY | Added | +7.2m |
| STATE STREET CORP | Added | +1.7m |
| CIBC WORLD MARKETS CORP | Added | +1.6m |
| BARCLAYS PLC | Added | +1.3m |
| GOLDMAN SACHS GROUP INC | Added | +1.1m |
| ROYAL BANK OF CANADA | Added | +1.0m |
| KBC Group NV | Added | +878.8k |
| BANK OF NOVA SCOTIA | Added | +805.9k |
Biggest sellers
| TORONTO DOMINION BANK | Reduced | -5.9m |
| BlackRock Inc. | Reduced | -3.8m |
| CITADEL ADVISORS LLC | Reduced | -3.0m |
| D. E. Shaw & Co., Inc. | Reduced | -1.9m |
| Balyasny Asset Management L.P. | Reduced | -1.7m |
| Hudson Bay Capital Management LP | Sold out | -1.6m |
| MACQUARIE GROUP LTD | Reduced | -1.1m |
| Dodge & Cox | Reduced | -894.1k |
| NATIXIS | Reduced | -789.2k |
| TWINBEECH CAPITAL LP | Sold out | -706.1k |
Biggest calls
| UBS Group AG | Added | $45.1m597.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.8m474.1k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $19.6m259.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $15.5m205.6k shares |
| CITADEL ADVISORS LLC | Reduced | $14.7m194.7k shares |
| Walleye Trading LLC | Added | $8.1m107.4k shares |
| SIMPLEX TRADING, LLC | Added | $8.1m106.6k shares |
| ROYAL BANK OF CANADA | Unchanged | $7.6m100.0k shares |
| NOMURA HOLDINGS INC | Reduced | $7.6m100.0k shares |
| Squarepoint Ops LLC | Added | $5.8m77.4k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Added | $82.0m1.1m shares |
| UBS Group AG | Added | $62.8m831.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $29.4m389.4k shares |
| Walleye Capital LLC | Added | $15.7m207.3k shares |
| CITADEL ADVISORS LLC | Reduced | $11.6m153.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $10.7m141.3k shares |
| NOMURA HOLDINGS INC | Reduced | $7.6m100.0k shares |
| CITIGROUP INC | Added | $5.7m76.0k shares |
| JANE STREET GROUP, LLC | Reduced | $5.0m66.6k shares |
| SIMPLEX TRADING, LLC | Added | $4.7m61.7k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2023 | 0 | — | 5 | $2.0m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.11% of their portfolio | 55.7m $4.2bn | Reduced -3.8m |
| VANGUARD GROUP INC 0.08% of their portfolio | 51.1m $3.9bn | Added +7.4m |
| JPMORGAN CHASE & CO 0.14% of their portfolio | 35.8m $2.7bn | Added +18.1m |
| STATE STREET CORP 0.09% of their portfolio | 23.6m $1.8bn | Added +1.7m |
| Dodge & Cox 0.89% of their portfolio | 18.6m $1.4bn | Reduced -894.1k |
| PZENA INVESTMENT MANAGEMENT LLC 4.93% of their portfolio | 17.4m $1.3bn | Reduced -112.7k |
| Bank of New York Mellon Corp 0.26% of their portfolio | 16.8m $1.3bn | Reduced -387.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 12.3m $930.7m | Added +785.7k |
| FMR LLC 0.07% of their portfolio | 12.0m $907.1m | Added +279.3k |
| MORGAN STANLEY 0.04% of their portfolio | 11.7m $884.9m | Added +7.2m |
| Invesco Ltd. 0.19% of their portfolio | 10.5m $790.4m | Added +718.1k |
| HSBC HOLDINGS PLC 0.55% of their portfolio | 8.0m $604.1m | Reduced -277.0k |
| Boston Partners 0.77% of their portfolio | 7.7m $580.4m | Reduced -376.1k |
| Amundi 0.23% of their portfolio | 6.9m $506.7m | Reduced -207.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 6.5m $490.8m | Reduced -58.2k |
| Capital Research Global Investors 0.11% of their portfolio | 5.7m $433.4m | Reduced -2.1k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 5.7m $427.8m | Reduced -514.1k |
| FIRST TRUST ADVISORS LP 0.46% of their portfolio | 5.5m $417.5m | Reduced -81.9k |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 5.4m $410.4m | Added +238.6k |
| NORGES BANK 0.07% of their portfolio | 5.4m $406.4m | Added +68.7k |
| YACKTMAN ASSET MANAGEMENT LP 3.63% of their portfolio | 5.2m $390.8m | Reduced -184.4k |
| MACQUARIE GROUP LTD 0.45% of their portfolio | 5.1m $387.8m | Reduced -1.1m |
| TORONTO DOMINION BANK 0.53% of their portfolio | 4.8m $362.1m | Reduced -5.9m |
| NATIONAL BANK OF CANADA /FI/ 0.64% of their portfolio | 4.8m $354.8m | Added +401.1k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.24% of their portfolio | 4.7m $353.5m | Added +37.1k |
| Legal & General Group Plc 0.11% of their portfolio | 4.5m $338.8m | Added +183.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 4.4m $329.4m | Added +638.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 4.1m $309.6m | Reduced -120.3k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 3.5m $266.2m | Reduced -384.9k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 3.3m $247.6m | Added +1.1m |
| California Public Employees Retirement System 0.18% of their portfolio | 3.1m $236.6m | Reduced -38.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 3.1m $232.5m | Added +36.2k |
| FIL Ltd 0.24% of their portfolio | 3.0m $227.5m | Added +120.1k |
| BARCLAYS PLC 0.11% of their portfolio | 2.8m $214.1m | Added +1.3m |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 2.6m $198.6m | Reduced -5.1k |
| LAZARD ASSET MANAGEMENT LLC 0.25% of their portfolio | 2.6m $197.4m | Added +12.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.20% of their portfolio | 2.5m $186.9m | Added +389.0k |
| CITADEL ADVISORS LLC 0.18% of their portfolio | 2.3m $176.4m | Reduced -3.0m |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.3m $171.2m | Added +1.0m |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 2.2m $163.7m | Reduced -84.3k |
| BANK OF NOVA SCOTIA 0.28% of their portfolio | 2.0m $151.1m | Added +805.9k |
| STIFEL FINANCIAL CORP 0.17% of their portfolio | 1.8m $136.4m | Added +126.1k |
| CIBC WORLD MARKETS CORP 0.69% of their portfolio | 1.7m $127.4m | Added +1.6m |
| AXA S.A. 0.20% of their portfolio | 1.7m $126.4m | Added +730.1k |
| PRUDENTIAL FINANCIAL INC 0.19% of their portfolio | 1.7m $125.6m | Added +26.0k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 1.6m $121.3m | Added +214.5k |
| Swiss National Bank 0.09% of their portfolio | 1.6m $119.3m | Reduced -53.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 1.4m $107.6m | Added +2.9k |
| KBC Group NV 0.38% of their portfolio | 1.4m $107.5m | Added +878.8k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 6.03% of their portfolio | 1.4m $105.4m | Reduced -133.8k |
| Russell Investments Group, Ltd. 0.18% of their portfolio | 1.4m $103.2m | Added +57.1k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.3m $97.2m | Reduced -855 |
| BRANDES INVESTMENT PARTNERS, LP 1.46% of their portfolio | 1.3m $96.2m | Added +183.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.23% of their portfolio | 1.3m $96.2m | Added +73.3k |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 1.3m $96.1m | Added +11.4k |
| Retirement Systems of Alabama 0.39% of their portfolio | 1.2m $91.4m | Reduced -3.7k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 1.1m $86.1m | Added +8.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 1.1m $81.8m | Reduced -11.4k |
| UBS Group AG 0.03% of their portfolio | 1.1m $80.3m | Added +9.8k |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 1.0m $79.0m | Added +241.8k |
| CANADA LIFE ASSURANCE Co 0.17% of their portfolio | 1.0m $78.6m | Reduced -93.4k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.0m $79.1m | Added +191.1k |
| LSV ASSET MANAGEMENT 0.17% of their portfolio | 1.0m $78.2m | Added +670.9k |
| Mawer Investment Management Ltd. 0.39% of their portfolio | 998.6k $75.4m | Reduced -118.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 984.0k $74.3m | Reduced -51.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.20% of their portfolio | 974.4k $73.6m | Added +344.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.71% of their portfolio | 934.3k $70.6m | Reduced -22.4k |
| APG Asset Management N.V. 0.12% of their portfolio | 901.2k $61.6m | Added +285.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 843.1k $63.7m | Added +580.1k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 841.2k $63.5m | Added +52.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 830.6k $62.7m | Added +63.6k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 818.7k $61.8m | Added +70.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 813.1k $61.4m | Added +1.5k |
| CITIGROUP INC 0.08% of their portfolio | 812.8k $61.4m | Added +225.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 795.8k $60.1m | Reduced -64.4k |
| GENERATION INVESTMENT MANAGEMENT LLP 0.26% of their portfolio | 771.2k $58.3m | Reduced -17.6k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 768.2k $58.0m | Added +78.7k |
| Assenagon Asset Management S.A. 0.17% of their portfolio | 751.3k $56.7m | Reduced -593.2k |
| National Pension Service 0.08% of their portfolio | 738.1k $55.7m | Unchanged |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.24% of their portfolio | 726.4k $54.9m | Added +37.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 681.5k $51.5m | Added +20.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 654.3k $49.4m | Added +1.2k |
| Mirae Asset Global Investments Co., Ltd. 0.10% of their portfolio | 652.6k $49.3m | Added +49.2k |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 652.1k $49.3m | Reduced -575.3k |
| Railway Pension Investments Ltd 0.50% of their portfolio | 637.7k $48.2m | Reduced -218.6k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 622.8k $47.0m | Reduced -197.1k |
| ASSETMARK, INC 0.16% of their portfolio | 597.5k $45.1m | Reduced -25.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 597.3k $45.1m | Reduced -10.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 580.8k $43.9m | Reduced -5.3k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 570.4k $43.1m | Added +115.3k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 560.6k $42.3m | Reduced -90.2k |
| DekaBank Deutsche Girozentrale 0.09% of their portfolio | 555.0k $41.9m | Added +66.6k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 547.5k $41.4m | Added +135.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 542.5k $41.0m | Reduced -46 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 532.7k $39.2m | Added +38.5k |
| STOREBRAND ASSET MANAGEMENT AS 0.14% of their portfolio | 509.6k $38.5m | Added +105.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 503.5k $38.0m | Reduced -15.5k |
| Aware Super Pty Ltd as trustee of Aware Super 0.56% of their portfolio | 500.7k $41.6m | First filing |
| ProShare Advisors LLC 0.11% of their portfolio | 487.7k $36.8m | Reduced -84.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio | 487.1k $36.8m | Reduced -15.1k |