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 ($190.7m this quarter). Holder counts are more reliable. Shares outstanding: 497.2m as of 2024-04-26, 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 ≈ $73.07. Options: 29 managers hold calls ($247.4m notional), 28 hold puts ($248.7m).
Trends to Q1 2024
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 |
| Q1 2024 | 931 |
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 |
| Q1 2024 | 400 | 440 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $194.2m | $144.9m | 0.75 |
| Q3 2023 | $234.1m | $173.4m | 0.74 |
| Q4 2023 | $195.6m | $263.2m | 1.35 |
| Q1 2024 | $247.4m | $248.7m | 1.00 |
Biggest buyers
| NOMURA HOLDINGS INC | Added | +13.2m |
| VANGUARD GROUP INC | Added | +6.9m |
| MORGAN STANLEY | Added | +6.4m |
| FIRST TRUST ADVISORS LP | Added | +2.5m |
| BANK OF AMERICA CORP /DE/ | Added | +1.7m |
| Qube Research & Technologies Ltd | Added | +1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.1m |
| NORGES BANK | Added | +1.0m |
| Squarepoint Ops LLC | Added | +1.0m |
| FIL Ltd | Added | +987.4k |
Biggest sellers
| Bank of New York Mellon Corp | Reduced | -5.1m |
| TORONTO DOMINION BANK | Reduced | -4.5m |
| HSBC HOLDINGS PLC | Reduced | -4.1m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -3.6m |
| Capital Research Global Investors | Reduced | -2.4m |
| CITADEL ADVISORS LLC | Reduced | -2.3m |
| CIBC WORLD MARKETS CORP | Reduced | -1.6m |
| BlackRock Inc. | Reduced | -1.5m |
| ROYAL BANK OF CANADA | Reduced | -1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $71.7m977.8k shares |
| UBS Group AG | Reduced | $36.4m496.0k shares |
| CITADEL ADVISORS LLC | Added | $26.8m365.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $13.4m182.2k shares |
| JANE STREET GROUP, LLC | Added | $12.9m176.5k shares |
| Twin Tree Management, LP | New | $12.5m170.8k shares |
| SIMPLEX TRADING, LLC | Added | $12.5m170.1k shares |
| ROYAL BANK OF CANADA | Unchanged | $7.3m100.0k shares |
| PEAK6 Investments LLC | Added | $6.6m89.9k shares |
| BANK OF AMERICA CORP /DE/ | Added | $6.5m89.0k shares |
Biggest puts
| UBS Group AG | Reduced | $46.7m637.4k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $45.1m614.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $26.5m362.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $20.5m280.1k shares |
| Walleye Capital LLC | Added | $18.7m255.0k shares |
| NOMURA HOLDINGS INC | Added | $13.2m180.0k shares |
| Twin Tree Management, LP | New | $10.9m149.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $10.0m1.4k shares |
| CITIGROUP INC | Added | $9.9m135.0k shares |
| JPMORGAN CHASE & CO | New | $7.9m108.0k 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 2024
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 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 | — | — |
| Q1 2024 | 0 | — | 2 | $836.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-12 | Diaz Kathryn EVP, Chief People Officer | Sold | $69.4k900 shares |
| 2024-02-21 | Patsalos-Fox Michael Director | Sold | $767.3k10.0k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 58.0m $4.3bn | Added +6.9m |
| BlackRock Inc. 0.09% of their portfolio | 54.2m $4.0bn | Reduced -1.5m |
| JPMORGAN CHASE & CO 0.11% of their portfolio | 35.0m $2.6bn | Reduced -780.5k |
| STATE STREET CORP 0.08% of their portfolio | 23.8m $1.7bn | Added +204.7k |
| Dodge & Cox 0.79% of their portfolio | 18.5m $1.4bn | Reduced -74.1k |
| MORGAN STANLEY 0.04% of their portfolio | 18.1m $1.3bn | Added +6.4m |
| PZENA INVESTMENT MANAGEMENT LLC 4.19% of their portfolio | 16.7m $1.2bn | Reduced -698.4k |
| NOMURA HOLDINGS INC 7.88% of their portfolio | 13.3m $971.3m | Added +13.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 12.8m $936.0m | Added +444.9k |
| FMR LLC 0.06% of their portfolio | 11.7m $858.6m | Reduced -294.6k |
| Bank of New York Mellon Corp 0.16% of their portfolio | 11.7m $858.4m | Reduced -5.1m |
| Invesco Ltd. 0.15% of their portfolio | 9.8m $719.4m | Reduced -649.3k |
| FIRST TRUST ADVISORS LP 0.60% of their portfolio | 8.1m $590.9m | Added +2.5m |
| Boston Partners 0.68% of their portfolio | 7.8m $569.2m | Added +101.1k |
| Amundi 0.20% of their portfolio | 6.8m $466.1m | Reduced -78.3k |
| NORGES BANK 0.07% of their portfolio | 6.4m $471.0m | Added +1.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 6.2m $451.4m | Reduced -338.4k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 5.5m $401.0m | Added +38.3k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 5.4m $395.8m | Reduced -262.7k |
| MACQUARIE GROUP LTD 0.38% of their portfolio | 5.3m $340.6m | Added +118.5k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 5.2m $384.5m | Added +1.7m |
| YACKTMAN ASSET MANAGEMENT LP 3.25% of their portfolio | 4.9m $361.0m | Reduced -248.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 4.8m $350.2m | Added +417.4k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.18% of their portfolio | 4.8m $350.2m | Added +98.0k |
| Legal & General Group Plc 0.09% of their portfolio | 4.5m $328.3m | Reduced -6.0k |
| FIL Ltd 0.29% of their portfolio | 4.0m $293.1m | Added +987.4k |
| HSBC HOLDINGS PLC 0.21% of their portfolio | 4.0m $289.7m | Reduced -4.1m |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.7m $270.8m | Added +415.7k |
| Capital Research Global Investors 0.06% of their portfolio | 3.3m $244.3m | Reduced -2.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 3.1m $228.1m | Added +33.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 3.0m $216.9m | Reduced -1.1m |
| California Public Employees Retirement System 0.15% of their portfolio | 3.0m $216.7m | Reduced -175.6k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 2.6m $191.4m | Reduced -17.9k |
| Qube Research & Technologies Ltd 0.31% of their portfolio | 2.3m $172.0m | Added +1.7m |
| KBC Group NV 0.52% of their portfolio | 2.3m $165.0m | Added +828.5k |
| LAZARD ASSET MANAGEMENT LLC 0.20% of their portfolio | 2.2m $160.7m | Reduced -420.4k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 2.1m $151.9m | Reduced -94.7k |
| BARCLAYS PLC 0.07% of their portfolio | 2.0m $148.5m | Reduced -808.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.9m $139.6m | Added +1.1m |
| UBS Group AG 0.05% of their portfolio | 1.9m $138.9m | Added +831.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.12% of their portfolio | 1.8m $134.3m | Reduced -642.1k |
| STIFEL FINANCIAL CORP 0.15% of their portfolio | 1.8m $133.3m | Added +12.6k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 1.6m $114.4m | Reduced -45.4k |
| PRUDENTIAL FINANCIAL INC 0.16% of their portfolio | 1.5m $112.5m | Reduced -134.9k |
| Swiss National Bank 0.08% of their portfolio | 1.5m $110.1m | Reduced -77.6k |
| BANK OF NOVA SCOTIA 0.21% of their portfolio | 1.4m $106.0m | Reduced -554.4k |
| Caisse de depot et placement du Quebec 0.25% of their portfolio | 1.4m $104.6m | Added +380.7k |
| BRANDES INVESTMENT PARTNERS, LP 1.32% of their portfolio | 1.4m $102.9m | Added +130.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.4m $102.6m | Reduced -23.4k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 1.4m $102.4m | Added +775.1k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 4.45% of their portfolio | 1.3m $98.7m | Reduced -48.2k |
| Russell Investments Group, Ltd. 0.16% of their portfolio | 1.3m $98.8m | Reduced -17.8k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.3m $94.3m | Reduced -66 |
| Mitsubishi UFJ Trust & Banking Corp 0.21% of their portfolio | 1.3m $92.2m | Added +3.7k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 1.3m $92.8m | Added +719.0k |
| Retirement Systems of Alabama 0.34% of their portfolio | 1.2m $88.7m | Reduced -590 |
| LSV ASSET MANAGEMENT 0.18% of their portfolio | 1.2m $87.8m | Added +163.5k |
| NATIONAL BANK OF CANADA /FI/ 0.14% of their portfolio | 1.2m $79.2m | Reduced -3.6m |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 1.1m $82.0m | Reduced -20.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 1.1m $79.7m | Added +3.9k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.0m $76.2m | Reduced -1.2m |
| CANADA LIFE ASSURANCE Co 0.15% of their portfolio | 1.0m $75.5m | Reduced -16.2k |
| Squarepoint Ops LLC 0.31% of their portfolio | 1.0m $74.9m | Added +1.0m |
| Mawer Investment Management Ltd. 0.33% of their portfolio | 984.6k $72.2m | Reduced -14.0k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 958.8k $70.3m | Reduced -313.4k |
| AXA S.A. 0.20% of their portfolio | 904.8k $66.3m | Reduced -768.2k |
| APG Asset Management N.V. 0.11% of their portfolio | 902.6k $61.2m | Added +1.4k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 891.0k $65.3m | Added +49.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.59% of their portfolio | 863.0k $63.2m | Reduced -71.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 838.8k $61.5m | Reduced -203.2k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 821.5k $60.2m | Added +2.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 818.5k $60.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 817.2k $59.9m | Added +4.2k |
| Andra AP-fonden 1.05% of their portfolio | 810.7k $59.4m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio | 803.0k $58.8m | Reduced -181.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 798.5k $58.5m | Reduced -44.5k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 755.6k $55.4m | Added +208.1k |
| GENERATION INVESTMENT MANAGEMENT LLP 0.25% of their portfolio | 747.0k $54.7m | Reduced -24.3k |
| National Pension Service 0.07% of their portfolio | 741.1k $54.3m | Added +3.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.14% of their portfolio | 730.6k $53.5m | Reduced -243.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 694.8k $50.9m | Reduced -101.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 678.9k $49.8m | Reduced -2.6k |
| CITIGROUP INC 0.05% of their portfolio | 675.1k $49.5m | Reduced -137.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.18% of their portfolio | 667.4k $48.9m | Reduced -59.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 658.7k $48.3m | Added +4.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 650.4k $39.6m | Added +53.1k |
| Railway Pension Investments Ltd 0.45% of their portfolio | 637.7k $46.7m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 635.9k $46.6m | Reduced -132.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 630.5k $46.2m | Added +97.8k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 629.5k $40.6m | Reduced -23.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.15% of their portfolio | 619.4k $45.4m | Added +109.8k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 607.1k $44.5m | Added +128.1k |
| AMANSA CAPITAL PTE. LTD. 15.11% of their portfolio | 600.0k $44.0m | Added +200.0k |
| ASSETMARK, INC 0.14% of their portfolio | 586.4k $43.0m | Reduced -11.1k |
| ProShare Advisors LLC 0.11% of their portfolio | 581.4k $42.6m | Added +93.7k |
| AXIOM INVESTORS LLC /DE 0.37% of their portfolio | 581.0k $42.6m | Added +285.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 566.3k $41.5m | Reduced -14.5k |
| NATIXIS ADVISORS, LLC 0.10% of their portfolio | 565.8k $41.5m | Added +5.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 543.8k $39.9m | Added +65.0k |
| Korea Investment CORP 0.10% of their portfolio | 542.0k $39.7m | Added +273.3k |