COGNIZANT TECHNOLOGY SOLUTIO

QRG Capital Management sold 56.4% of its Cognizant stake this quarter, a real $3.7 million outflow — the largest genuine sale among the stock's 103 tracked institutional holders. Swedbank (-24.0%, $1.9 million real outflow) and Wealth Enhancement Advisory Services (-20.1%, $1.1 million real outflow) also trimmed. But those sales are dwarfed by the quarter's real story: Assenagon Asset Management, flagged quasi-passive and likely tracking an index mandate rather than expressing a view, grew its position more than tenfold — from 356,153 to 3,652,358 shares, a genuine $127.7 million buy that now makes it Cognizant's largest holder by a wide margin. Y-Intercept (Hong Kong) also added substantially, up 404.7% for a real $24.8 million purchase.