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 ($162.7m this quarter). Holder counts are more reliable. Shares outstanding: 492.9m as of 2025-04-25, 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 ≈ $76.45. Options: 38 managers hold calls ($292.8m notional), 42 hold puts ($595.6m).
Trends to Q1 2025
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 |
| Q3 2024 | 959 |
| Q4 2024 | 985 |
| Q1 2025 | 1,009 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 369 | 388 |
| Q3 2023 | 377 | 389 |
| Q4 2023 | 390 | 405 |
| Q1 2024 | 400 | 440 |
| Q2 2024 | 411 | 444 |
| Q3 2024 | 413 | 439 |
| Q4 2024 | 424 | 431 |
| Q1 2025 | 469 | 453 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $287.6m | $308.6m | 1.07 |
| Q3 2024 | $353.5m | $503.5m | 1.42 |
| Q4 2024 | $360.2m | $607.5m | 1.69 |
| Q1 2025 | $292.8m | $595.6m | 2.03 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +2.4m |
| NOMURA HOLDINGS INC | Added | +2.0m |
| Amundi | Added | +1.7m |
| Pacer Advisors, Inc. | Added | +1.7m |
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| Invesco Ltd. | Added | +1.4m |
| Qube Research & Technologies Ltd | New | +1.3m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +1.3m |
| MARSHALL WACE, LLP | New | +953.6k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +846.8k |
Biggest sellers
| BlackRock, Inc. | Reduced | -2.9m |
| FIL Ltd | Reduced | -2.0m |
| HAWK RIDGE CAPITAL MANAGEMENT LP | Reduced | -1.4m |
| Hudson Bay Capital Management LP | Sold out | -1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.3m |
| HSBC HOLDINGS PLC | Reduced | -1.3m |
| DEUTSCHE BANK AG\ | Reduced | -1.0m |
| FMR LLC | Reduced | -863.7k |
| MIZUHO MARKETS AMERICAS LLC | Reduced | -800.0k |
| JPMORGAN CHASE & CO | Reduced | -728.7k |
Biggest calls
| NOMURA HOLDINGS INC | Reduced | $54.1m707.5k shares |
| CITADEL ADVISORS LLC | Added | $36.2m472.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $26.4m344.9k shares |
| IMC-Chicago, LLC | Added | $20.5m268.1k shares |
| SIMPLEX TRADING, LLC | Added | $16.9m220.9k shares |
| UBS Group AG | Reduced | $14.9m194.5k shares |
| Parallax Volatility Advisers, L.P. | Added | $14.4m187.8k shares |
| Walleye Trading LLC | Added | $14.0m183.4k shares |
| JANE STREET GROUP, LLC | Added | $12.4m161.6k shares |
| CITIGROUP INC | Added | $10.1m132.5k shares |
Biggest puts
| NOMURA HOLDINGS INC | Added | $221.8m2.9m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $71.8m938.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $52.0m679.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $34.9m456.2k shares |
| CITIGROUP INC | Added | $32.1m419.5k shares |
| CITADEL ADVISORS LLC | Added | $29.2m382.3k shares |
| JPMORGAN CHASE & CO | Added | $19.1m249.4k shares |
| UBS Group AG | Reduced | $14.7m192.2k shares |
| HSBC HOLDINGS PLC | Added | $12.0m158.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $11.8m1.5k 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 2025
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 2023 | 0 | — | 5 | $2.0m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $836.7k | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $495.6k | — |
| Q4 2024 | 0 | — | 3 | $1.1m | $806.5k |
| Q1 2025 | 0 | — | 3 | $811.7k | $418.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-14 | Patsalos-Fox Michael Director · PFOXFAMILY LLC | Sold | $253.9k3.2k shares |
| 2025-03-03 | Kim John Sunshin CLO, CAO & Corporate Secretary | Sold plan | $418.0k5.0k shares |
| 2025-02-11 | Mackay Leo S. Jr. Director | Sold | $139.9k1.6k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 59.1m $4.5bn | Added +79.3k |
| BlackRock, Inc. 0.09% of their portfolio | 52.8m $4.0bn | Reduced -2.9m |
| STATE STREET CORP 0.08% of their portfolio | 25.2m $1.9bn | Added +321.9k |
| Dodge & Cox 0.80% of their portfolio | 18.3m $1.4bn | Reduced -60.0k |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 17.6m $1.3bn | Reduced -728.7k |
| PZENA INVESTMENT MANAGEMENT LLC 4.56% of their portfolio | 17.1m $1.3bn | Reduced -590.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 13.8m $1.1bn | Added +375.7k |
| Invesco Ltd. 0.18% of their portfolio | 12.1m $923.9m | Added +1.4m |
| FMR LLC 0.05% of their portfolio | 10.3m $786.7m | Reduced -863.7k |
| Bank of New York Mellon Corp 0.15% of their portfolio | 10.1m $774.1m | Reduced -420.9k |
| FIRST TRUST ADVISORS LP 0.58% of their portfolio | 8.5m $654.1m | Added +124.6k |
| MORGAN STANLEY 0.04% of their portfolio | 6.8m $519.6m | Reduced -495.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 6.5m $494.1m | Added +579.2k |
| NORGES BANK 0.07% of their portfolio | 6.2m $471.7m | Reduced -696.8k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 6.0m $461.2m | Added +28.6k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 5.8m $447.3m | Added +1.5m |
| NORTHERN TRUST CORP 0.07% of their portfolio | 5.8m $446.8m | Reduced -120.1k |
| NATIONAL BANK OF CANADA /FI/ 0.45% of their portfolio | 5.0m $382.9m | Reduced -628.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 4.6m $355.6m | Added +275.8k |
| Legal & General Group Plc 0.10% of their portfolio | 4.6m $353.1m | Added +83.5k |
| Amundi 0.12% of their portfolio | 4.5m $331.6m | Added +1.7m |
| FIL Ltd 0.31% of their portfolio | 4.2m $323.1m | Reduced -2.0m |
| UBS Group AG 0.07% of their portfolio | 4.1m $316.4m | Added +263.6k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.14% of their portfolio | 4.1m $313.4m | Reduced -492.1k |
| MACQUARIE GROUP LTD 0.39% of their portfolio | 4.1m $311.1m | Reduced -165.1k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 3.9m $301.2m | Added +386.1k |
| NOMURA HOLDINGS INC 1.58% of their portfolio | 3.9m $296.4m | Added +2.0m |
| YACKTMAN ASSET MANAGEMENT LP 3.52% of their portfolio | 3.5m $267.4m | Reduced -564.9k |
| CITADEL ADVISORS LLC 0.26% of their portfolio | 3.4m $262.3m | Added +2.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 3.4m $259.6m | Added +46.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 3.4m $257.2m | Reduced -19.1k |
| Boston Partners 0.31% of their portfolio | 3.3m $254.7m | Reduced -75.7k |
| Capital Research Global Investors 0.05% of their portfolio | 3.2m $247.2m | Added +488.4k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 3.0m $231.9m | Added +71.9k |
| California Public Employees Retirement System 0.16% of their portfolio | 3.0m $231.6m | Added +710.6k |
| CIBC WORLD MARKETS CORP 1.76% of their portfolio | 2.9m $221.8m | Reduced -29.5k |
| ING GROEP NV 1.52% of their portfolio | 2.9m $219.2m | Reduced -56.2k |
| CIBC WORLD MARKET INC. 0.48% of their portfolio | 2.8m $211.7m | Reduced -16.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 2.5m $187.5m | Added +1.3m |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 2.3m $175.1m | Reduced -1.0m |
| BRANDES INVESTMENT PARTNERS, LP 1.73% of their portfolio | 2.2m $170.2m | Reduced -9.9k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 2.2m $168.8m | Reduced -1.3m |
| BARCLAYS PLC 0.07% of their portfolio | 2.1m $158.6m | Added +629.6k |
| KBC Group NV 0.48% of their portfolio | 2.0m $153.4m | Reduced -254.3k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.8m $140.7m | Reduced -11.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.11% of their portfolio | 1.8m $140.0m | Reduced -1.3m |
| Pacer Advisors, Inc. 0.32% of their portfolio | 1.8m $135.9m | Added +1.7m |
| PRUDENTIAL FINANCIAL INC 0.19% of their portfolio | 1.7m $132.7m | Added +187.1k |
| STIFEL FINANCIAL CORP 0.14% of their portfolio | 1.7m $131.6m | Reduced -45.9k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.6m $119.2m | Added +768.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 1.5m $118.4m | Reduced -194.7k |
| Russell Investments Group, Ltd. 0.16% of their portfolio | 1.5m $115.8m | Added +23.6k |
| LSV ASSET MANAGEMENT 0.28% of their portfolio | 1.5m $115.1m | Reduced -62.8k |
| AE INDUSTRIAL PARTNERS, LP 17.31% of their portfolio | 1.5m $112.5m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 1.4m $107.4m | Reduced -266.3k |
| Swiss National Bank 0.08% of their portfolio | 1.4m $107.0m | Reduced -1.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.4m $105.5m | Added +11.5k |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 1.3m $94.9m | Reduced -1.8k |
| Qube Research & Technologies Ltd 0.15% of their portfolio | 1.3m $96.8m | New |
| Assenagon Asset Management S.A. 0.17% of their portfolio | 1.2m $93.3m | Reduced -461.5k |
| Retirement Systems of Alabama 0.36% of their portfolio | 1.2m $92.2m | Reduced -13.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 1.2m $90.9m | First filing |
| Nuveen, LLC 0.03% of their portfolio | 1.2m $90.2m | First filing |
| LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio | 1.1m $86.9m | Reduced -696.2k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 1.1m $85.0m | Added +341.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 1.1m $84.6m | Added +846.8k |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 1.1m $84.0m | Added +15.6k |
| AXA S.A. 0.27% of their portfolio | 1.1m $83.1m | Reduced -26.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 1.1m $83.1m | Reduced -13.9k |
| CITIGROUP INC 0.06% of their portfolio | 1.1m $82.5m | Added +171.7k |
| Allianz Asset Management GmbH 0.12% of their portfolio | 1.1m $82.0m | Reduced -136.1k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 1.0m $77.8m | Added +57.7k |
| MARSHALL WACE, LLP 0.10% of their portfolio | 953.6k $72.9m | New |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 936.5k $71.6m | Added +226.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.16% of their portfolio | 920.8k $70.4m | Added +57.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 918.7k $70.3m | Added +92.4k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 1.47% of their portfolio | 917.9k $70.2m | Added +99.6k |
| National Pension Service 0.07% of their portfolio | 891.5k $68.2m | Added +31.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 828.8k $63.4m | Reduced -12.0k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 828.4k $63.4m | Reduced -40.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 825.4k $63.1m | Reduced -8.5k |
| BANK OF NOVA SCOTIA 0.14% of their portfolio | 805.3k $61.6m | Reduced -116.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 804.8k $61.6m | Reduced -108.7k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 763.8k $58.4m | Added +53.4k |
| ProShare Advisors LLC 0.13% of their portfolio | 759.2k $58.1m | Added +78.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.14% of their portfolio | 710.2k $54.3m | Reduced -509.2k |
| NATIXIS 0.31% of their portfolio | 689.2k $52.2m | Added +82.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 676.6k $51.8m | Added +19.2k |
| Trexquant Investment LP 0.60% of their portfolio | 673.3k $51.5m | New |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.38% of their portfolio | 669.8k $51.2m | First filing |
| STOREBRAND ASSET MANAGEMENT AS 0.17% of their portfolio | 669.0k $51.2m | Reduced -56.1k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 658.9k $50.4m | Reduced -13.9k |
| MIZUHO MARKETS AMERICAS LLC 1.08% of their portfolio | 650.0k $49.7m | Reduced -800.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.54% of their portfolio | 648.2k $49.6m | Reduced -40.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio | 624.2k $47.8m | Reduced -10.1k |
| ASSETMARK, INC 0.12% of their portfolio | 593.7k $45.4m | Added +8.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 589.0k $45.1m | Reduced -191.3k |
| SEI INVESTMENTS CO 0.06% of their portfolio | 566.9k $43.4m | Reduced -24.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio | 561.5k $43.0m | Added +188.2k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 557.3k $42.2m | Reduced -175.4k |