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 ($172.5m this quarter). Holder counts are more reliable. Shares outstanding: 495.7m as of 2024-07-26, 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 ≈ $67.99. Options: 33 managers hold calls ($287.6m notional), 27 hold puts ($308.6m).
Trends to Q2 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 |
| Q2 2024 | 907 |
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 |
| Q2 2024 | 411 | 444 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $234.1m | $173.4m | 0.74 |
| Q4 2023 | $195.6m | $263.2m | 1.35 |
| Q1 2024 | $247.4m | $248.7m | 1.00 |
| Q2 2024 | $287.6m | $308.6m | 1.07 |
Biggest buyers
| CIBC WORLD MARKETS CORP | Added | +3.1m |
| CIBC WORLD MARKET INC. | Added | +3.0m |
| MACQUARIE GROUP LTD | Added | +2.3m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +1.9m |
| GOLDMAN SACHS GROUP INC | Added | +1.6m |
| AXA S.A. | Added | +1.4m |
| BANK OF MONTREAL /CAN/ | Added | +1.3m |
| ING GROEP NV | Added | +1.1m |
| Invesco Ltd. | Added | +1.0m |
| FIRST TRUST ADVISORS LP | Added | +967.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -11.4m |
| JPMORGAN CHASE & CO | Reduced | -9.2m |
| Amundi | Reduced | -3.3m |
| Capital Research Global Investors | Reduced | -2.0m |
| Boston Partners | Reduced | -1.7m |
| BlackRock Inc. | Reduced | -1.1m |
| HSBC HOLDINGS PLC | Reduced | -945.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -788.2k |
| BANK OF NOVA SCOTIA | Reduced | -634.6k |
| AXIOM INVESTORS LLC /DE | Sold out | -581.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $44.1m648.3k shares |
| NOMURA HOLDINGS INC | New | $38.1m560.0k shares |
| UBS Group AG | Added | $35.1m515.8k shares |
| Balyasny Asset Management L.P. | New | $34.0m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.7m465.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $15.5m228.1k shares |
| SIMPLEX TRADING, LLC | Added | $15.3m224.9k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $8.1m1.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $6.8m99.4k shares |
| JANE STREET GROUP, LLC | Reduced | $6.7m98.9k shares |
Biggest puts
| NOMURA HOLDINGS INC | Added | $102.5m1.5m shares |
| UBS Group AG | Added | $44.7m657.6k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $32.7m480.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $29.5m434.3k shares |
| CITADEL ADVISORS LLC | Added | $13.8m202.9k shares |
| CITIGROUP INC | Added | $12.2m180.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $11.6m170.5k shares |
| JPMORGAN CHASE & CO | Added | $11.3m165.6k shares |
| SANDLER CAPITAL MANAGEMENT | New | $10.2m150.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $6.9m1.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 58.2m $4.0bn | Added +124.5k |
| BlackRock Inc. 0.08% of their portfolio | 53.0m $3.6bn | Reduced -1.1m |
| JPMORGAN CHASE & CO 0.08% of their portfolio | 25.8m $1.8bn | Reduced -9.2m |
| STATE STREET CORP 0.07% of their portfolio | 24.1m $1.6bn | Added +277.2k |
| PZENA INVESTMENT MANAGEMENT LLC 4.45% of their portfolio | 18.6m $1.3bn | Added +1.9m |
| Dodge & Cox 0.75% of their portfolio | 18.5m $1.3bn | Reduced -39.8k |
| NOMURA HOLDINGS INC 5.97% of their portfolio | 13.7m $932.8m | Added +464.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 13.1m $889.7m | Added +314.0k |
| FMR LLC 0.05% of their portfolio | 12.2m $829.5m | Added +483.7k |
| Bank of New York Mellon Corp 0.15% of their portfolio | 11.5m $779.2m | Reduced -253.4k |
| Invesco Ltd. 0.16% of their portfolio | 10.8m $737.2m | Added +1.0m |
| FIRST TRUST ADVISORS LP 0.63% of their portfolio | 9.0m $614.1m | Added +967.8k |
| MACQUARIE GROUP LTD 0.59% of their portfolio | 7.6m $514.7m | Added +2.3m |
| MORGAN STANLEY 0.03% of their portfolio | 6.6m $451.9m | Reduced -11.4m |
| NORGES BANK 0.07% of their portfolio | 6.5m $444.5m | Added +109.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 6.1m $416.6m | Reduced -32.4k |
| Boston Partners 0.51% of their portfolio | 6.1m $412.1m | Reduced -1.7m |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 5.6m $378.5m | Added +94.2k |
| NORTHERN TRUST CORP 0.06% of their portfolio | 5.4m $365.6m | Reduced -24.6k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 5.3m $357.7m | Added +1.6m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 5.2m $350.3m | Reduced -95.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 4.9m $336.5m | Added +170.6k |
| FIL Ltd 0.33% of their portfolio | 4.9m $335.2m | Added +930.1k |
| YACKTMAN ASSET MANAGEMENT LP 3.13% of their portfolio | 4.9m $333.7m | Reduced -18.6k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.12% of their portfolio | 4.8m $329.5m | Added +67.0k |
| Legal & General Group Plc 0.09% of their portfolio | 4.4m $302.2m | Reduced -35.7k |
| Amundi 0.09% of their portfolio | 3.5m $240.3m | Reduced -3.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 3.2m $217.6m | Added +88.5k |
| CIBC WORLD MARKETS CORP 1.43% of their portfolio | 3.2m $216.9m | Added +3.1m |
| CIBC WORLD MARKET INC. 0.51% of their portfolio | 3.0m $205.1m | Added +3.0m |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 3.0m $204.7m | Reduced -945.4k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 2.8m $193.6m | Added +234.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.5m $171.5m | Added +618.1k |
| California Public Employees Retirement System 0.12% of their portfolio | 2.5m $168.5m | Reduced -479.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 2.4m $164.0m | Reduced -547.6k |
| KBC Group NV 0.48% of their portfolio | 2.4m $159.8m | Added +98.8k |
| AXA S.A. 0.23% of their portfolio | 2.3m $156.7m | Added +1.4m |
| LAZARD ASSET MANAGEMENT LLC 0.19% of their portfolio | 2.2m $152.7m | Added +53.6k |
| BRANDES INVESTMENT PARTNERS, LP 1.83% of their portfolio | 2.2m $149.0m | Added +787.8k |
| UBS Group AG 0.05% of their portfolio | 2.2m $148.4m | Added +288.4k |
| Qube Research & Technologies Ltd 0.27% of their portfolio | 2.2m $147.6m | Reduced -176.2k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 2.1m $146.1m | Added +1.3m |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 2.1m $143.3m | Added +34.3k |
| BARCLAYS PLC 0.06% of their portfolio | 2.0m $133.5m | Reduced -61.7k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 1.9m $132.1m | Added +544.6k |
| NATIONAL BANK OF CANADA /FI/ 0.19% of their portfolio | 1.8m $124.5m | Added +655.9k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 1.8m $121.4m | Added +225.2k |
| PRUDENTIAL FINANCIAL INC 0.18% of their portfolio | 1.8m $120.3m | Added +234.7k |
| STIFEL FINANCIAL CORP 0.14% of their portfolio | 1.8m $120.2m | Reduced -51.8k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 5.01% of their portfolio | 1.7m $116.5m | Added +365.6k |
| LSV ASSET MANAGEMENT 0.25% of their portfolio | 1.7m $115.4m | Added +499.3k |
| ING GROEP NV 0.62% of their portfolio | 1.5m $104.4m | Added +1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 1.5m $103.7m | Reduced -308.2k |
| Swiss National Bank 0.07% of their portfolio | 1.5m $100.2m | Reduced -27.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio | 1.5m $99.4m | Added +663.0k |
| Caisse de depot et placement du Quebec 0.23% of their portfolio | 1.4m $95.6m | Reduced -21.0k |
| Capital Research Global Investors 0.02% of their portfolio | 1.4m $93.8m | Reduced -2.0m |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.4m $93.0m | Reduced -32.5k |
| Russell Investments Group, Ltd. 0.14% of their portfolio | 1.3m $85.9m | Reduced -83.4k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 1.3m $85.2m | Reduced -17.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.20% of their portfolio | 1.2m $84.9m | Reduced -27.0k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 1.2m $83.9m | Added +911.3k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.2m $80.5m | Reduced -103.5k |
| Retirement Systems of Alabama 0.30% of their portfolio | 1.1m $78.0m | Reduced -62.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 1.1m $77.1m | Added +330.6k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 1.1m $75.7m | Reduced -5.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 1.1m $73.9m | Reduced -1.1k |
| CITIGROUP INC 0.07% of their portfolio | 1.1m $73.8m | Added +409.6k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 1.1m $71.8m | Added +25.4k |
| Allianz Asset Management GmbH 0.12% of their portfolio | 1.1m $71.7m | Added +299.0k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 1.0m $68.4m | Added +47.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 965.1k $65.6m | Reduced -75.0k |
| APG Asset Management N.V. 0.11% of their portfolio | 955.3k $60.6m | Added +52.7k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 1.66% of their portfolio | 893.9k $60.8m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 877.3k $59.7m | Added +182.5k |
| Mawer Investment Management Ltd. 0.27% of their portfolio | 843.1k $57.3m | Reduced -141.5k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 836.8k $56.9m | Reduced -54.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 829.5k $56.4m | Added +12.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.55% of their portfolio | 824.2k $56.0m | Reduced -38.7k |
| BANK OF NOVA SCOTIA 0.11% of their portfolio | 811.7k $55.2m | Reduced -634.6k |
| National Pension Service 0.06% of their portfolio | 783.2k $53.3m | Added +42.1k |
| TORONTO DOMINION BANK 0.08% of their portfolio | 778.0k $52.9m | Added +452.2k |
| Balyasny Asset Management L.P. 0.14% of their portfolio | 776.8k $52.8m | New |
| Junto Capital Management LP 1.11% of their portfolio | 742.1k $50.5m | New |
| STOREBRAND ASSET MANAGEMENT AS 0.16% of their portfolio | 721.6k $49.1m | Added +102.2k |
| GENERATION INVESTMENT MANAGEMENT LLP 0.22% of their portfolio | 682.5k $46.4m | Reduced -64.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 677.3k $46.1m | Added +46.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio | 666.5k $45.3m | Reduced -903 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 666.3k $45.3m | Reduced -64.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.13% of their portfolio | 666.1k $45.3m | Added +619.8k |
| Andra AP-fonden 0.73% of their portfolio | 640.0k $43.5m | Reduced -170.7k |
| Squarepoint Ops LLC 0.16% of their portfolio | 637.7k $43.4m | Reduced -384.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 633.5k $43.1m | Reduced -25.1k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 631.5k $42.9m | Reduced -4.4k |
| AMANSA CAPITAL PTE. LTD. 10.71% of their portfolio | 600.0k $40.8m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.08% of their portfolio | 587.4k $39.9m | Reduced -63.0k |
| NATIXIS ADVISORS, LLC 0.08% of their portfolio | 574.2k $39.0m | Added +8.4k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 563.0k $38.3m | Reduced -44.0k |
| ASSETMARK, INC 0.12% of their portfolio | 561.2k $38.2m | Reduced -25.1k |
| Railway Pension Investments Ltd 0.45% of their portfolio | 548.5k $37.3m | Reduced -89.2k |