COUSINS PPTYS INC CUZ
COM NEW · REIT · CUSIP 222795502
American real estate company
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersAtlanta, GA
- Websitecousinsproperties.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 ($7.2m this quarter). Holder counts are more reliable. Shares outstanding: 152.1m as of 2024-07-19, 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 ≈ $23.03. Options: 4 managers hold calls ($515.9k notional), 4 hold puts ($107.9k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 290 |
| Q4 2022 | 296 |
| Q1 2023 | 284 |
| Q2 2023 | 277 |
| Q3 2023 | 312 |
| Q4 2023 | 324 |
| Q1 2024 | 332 |
| Q2 2024 | 331 |
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 | 151 | 136 |
| Q1 2023 | 140 | 135 |
| Q2 2023 | 135 | 133 |
| Q3 2023 | 164 | 121 |
| Q4 2023 | 160 | 151 |
| Q1 2024 | 171 | 143 |
| Q2 2024 | 162 | 164 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $635.5k | $1.2m | 1.89 |
| Q4 2023 | $883.9k | $1.7m | 1.88 |
| Q1 2024 | $391.9k | $507.2k | 1.29 |
| Q2 2024 | $515.9k | $107.9k | 0.21 |
Biggest buyers
| Alyeska Investment Group, L.P. | Added | +568.8k |
| CITADEL ADVISORS LLC | Added | +550.4k |
| VANGUARD GROUP INC | Added | +504.1k |
| Balyasny Asset Management L.P. | Added | +480.0k |
| Hudson Bay Capital Management LP | New | +472.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +432.4k |
| MARSHALL WACE, LLP | Added | +410.7k |
| Verition Fund Management LLC | Added | +299.2k |
| GOLDMAN SACHS GROUP INC | Added | +256.2k |
| LSV ASSET MANAGEMENT | Added | +233.7k |
Biggest sellers
| MORGAN STANLEY | Reduced | -4.6m |
| JPMORGAN CHASE & CO | Reduced | -942.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -731.9k |
| Heitman Real Estate Securities LLC | Reduced | -577.9k |
| Brookfield Corp /ON/ | Reduced | -469.5k |
| Invenomic Capital Management LP | Reduced | -380.5k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -357.0k |
| HSBC HOLDINGS PLC | Reduced | -292.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -237.4k |
| AMERICAN INTERNATIONAL GROUP, INC. | Sold out | -200.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $393.6k17.0k shares |
| SIMPLEX TRADING, LLC | New | $120.0k5.2k shares |
| GROUP ONE TRADING LLC | Reduced | $2.3k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $71.8k3.1k shares |
| GROUP ONE TRADING LLC | Reduced | $23.1k1.0k shares |
| SIMPLEX TRADING, LLC | New | $13.0k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 2025-04-28 | 11.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 9.9% |
| PRINCIPAL REAL ESTATE INVESTORS LLC 13G · institution filed 2025-08-11 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), STATE STREET CORP (5.0%, 2026-02-09)
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 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $1.1m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $1.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-02 | ADZEMA GREGG D EVP and CFO | Sold | $1.7m71.1k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 23.9m $552.3m | Added +504.1k |
| BlackRock Inc. 0.01% of their portfolio | 21.2m $490.3m | Reduced -126.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 11.7m $270.5m | Reduced -84.6k |
| APG Asset Management US Inc. 1.04% of their portfolio | 8.0m $182.3m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 7.6m $175.0m | Reduced -133.8k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 1.24% of their portfolio | 5.0m $114.8m | Added +59.0k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 4.5m $104.0m | Added +550.4k |
| Balyasny Asset Management L.P. 0.18% of their portfolio | 3.0m $69.6m | Added +480.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.9m $66.7m | Reduced -942.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.8m $65.5m | Added +64.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.4m $55.7m | Added +16.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.2m $51.3m | Added +98.2k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 1.9m $44.1m | Reduced -14.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 1.7m $39.2m | Added +78.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.7m $38.8m | Added +28.6k |
| NORGES BANK 0.01% of their portfolio | 1.7m $38.3m | Added +59.7k |
| Alyeska Investment Group, L.P. 0.17% of their portfolio | 1.3m $29.9m | Added +568.8k |
| Heitman Real Estate Securities LLC 1.85% of their portfolio | 1.3m $29.2m | Reduced -577.9k |
| Legal & General Group Plc 0.01% of their portfolio | 1.3m $29.1m | Reduced -147.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $28.9m | Added +129.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $28.9m | Reduced -4.6m |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.36% of their portfolio | 1.2m $28.3m | Reduced -36.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $26.5m | Added +256.2k |
| PALISADE CAPITAL MANAGEMENT, LP 0.68% of their portfolio | 1.1m $25.1m | Reduced -19.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.0m $23.7m | Added +80.5k |
| CORDA Investment Management, LLC. 1.88% of their portfolio | 999.4k $23.1m | Added +3.0k |
| Waterfront Capital Partners, LLC 2.92% of their portfolio | 982.4k $22.7m | Added +112.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 971.2k $22.5m | Reduced -98.4k |
| Invesco Ltd. 0.00% of their portfolio | 935.8k $21.7m | Reduced -103.4k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 853.5k $19.8m | Added +410.7k |
| LSV ASSET MANAGEMENT 0.04% of their portfolio | 849.9k $19.7m | Added +233.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 714.3k $16.5m | Reduced -30.2k |
| Davis Selected Advisers 0.00% of their portfolio | 682.5k $0 | Reduced -370 |
| ExodusPoint Capital Management, LP 0.17% of their portfolio | 676.7k $15.7m | Added +35.6k |
| Boston Partners 0.02% of their portfolio | 609.7k $14.3m | Reduced -74.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 592.4k $13.7m | Added +432.4k |
| Lighthouse Investment Partners, LLC 0.76% of their portfolio | 585.0k $13.5m | Added +160.0k |
| Swedbank AB 0.02% of their portfolio | 584.4k $13.5m | Reduced -10.7k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 577.4k $13.4m | Reduced -122.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 566.5k $13.1m | Added +54.2k |
| STRS OHIO 0.05% of their portfolio | 514.2k $11.9m | Added +124.9k |
| Hudson Bay Capital Management LP 0.08% of their portfolio | 472.6k $10.9m | New |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 471.0k $10.9m | Reduced -15.2k |
| UniSuper Management Pty Ltd 0.09% of their portfolio | 464.3k $10.7m | Reduced -22.1k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 461.8k $10.7m | Reduced -7.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 452.2k $10.5m | Added +3.0k |
| Brookfield Corp /ON/ 0.06% of their portfolio | 422.1k $9.8m | Reduced -469.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 404.6k $9.4m | Added +803 |
| Invenomic Capital Management LP 0.47% of their portfolio | 392.8k $9.1m | Reduced -380.5k |
| State of Tennessee, Department of Treasury 0.03% of their portfolio | 383.3k $8.9m | Reduced -46.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 367.6k $8.5m | Reduced -1.7k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 360.8k $8.4m | Unchanged |
| Verition Fund Management LLC 0.06% of their portfolio | 339.5k $7.9m | Added +299.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 334.0k $7.7m | Reduced -65.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 332.3k $7.7m | Reduced -49.0k |
| Capital Investment Advisors, LLC 0.16% of their portfolio | 313.6k $7.3m | Reduced -5.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 311.7k $7.2m | Reduced -4.0k |
| Swiss National Bank 0.00% of their portfolio | 299.0k $6.9m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 297.8k $6.9m | Added +26.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 284.5k $6.4m | Reduced -138.3k |
| California Public Employees Retirement System 0.00% of their portfolio | 282.1k $6.5m | Reduced -4.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 275.8k $6.4m | Reduced -1.5k |
| SEGALL BRYANT & HAMILL, LLC 0.11% of their portfolio | 274.1k $6.3m | Reduced -110.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 267.8k $6.2m | Added +73.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 257.0k $6.0m | Reduced -885 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 251.1k $5.8m | Reduced -6.7k |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.06% of their portfolio | 246.1k $5.7m | Added +78.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 244.8k $5.7m | Reduced -4.7k |
| ALGERT GLOBAL LLC 0.19% of their portfolio | 242.7k $5.6m | Added +10.8k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 235.8k $5.5m | Reduced -2.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 230.9k $5.3m | Reduced -90.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 229.9k $5.3m | Added +194.1k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 222.7k $5.2m | Reduced -12.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 217.5k $5.0m | Reduced -731.9k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 212.6k $4.9m | Reduced -292.0k |
| JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio | 205.5k $4.8m | Added +170.3k |
| Corebridge Financial, Inc. 0.02% of their portfolio | 192.3k $4.5m | First filing |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 190.8k $4.4m | Added +8.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 188.2k $4.4m | Added +13.3k |
| Retirement Systems of Alabama 0.02% of their portfolio | 187.7k $4.3m | Reduced -2.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 186.2k $4.3m | Reduced -19.0k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 182.6k $4.2m | Added +157.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 181.7k $4.2m | Reduced -12.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 179.8k $4.2m | Reduced -67.2k |
| GSI Capital Advisors LLC 2.38% of their portfolio | 174.2k $4.0m | New |
| Edge Capital Group, LLC 0.19% of their portfolio | 170.3k $3.9m | Unchanged |
| Engineers Gate Manager LP 0.09% of their portfolio | 168.9k $3.9m | Added +124.5k |
| NKCFO LLC 2.13% of their portfolio | 168.3k $3.9m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 168.1k $3.9m | Added +25.4k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 167.0k $3.9m | Added +31.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 166.8k $3.9m | Reduced -4.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 154.8k $3.6m | Reduced -6.9k |
| SG Americas Securities, LLC 0.02% of their portfolio | 152.7k $3.5m | Reduced -32.6k |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 151.9k $3.5m | Reduced -9.5k |
| Gotham Asset Management, LLC 0.04% of their portfolio | 148.9k $3.4m | Added +88.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 148.4k $3.4m | Reduced -3.4k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 146.2k $3.4m | Added +86.7k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 143.2k $3.3m | Added +98.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 131.4k $3.0m | Added +4.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 129.4k $3.0m | Reduced -47.2k |