Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cognex Corp (CGNX)

563 + Investors. Track Smart Money conviction in CGNX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +45
Streak
4Q ▲
Buyers last Q
56%

Smart Money Signals — CGNX

Based on 566 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added CGNX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
566 hedge funds hold CGNX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +33% more funds vs a year ago

fund count last 6Q
+141 new funds entered over the past year (+33% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

326 buying257 selling
Last quarter: 326 funds bought or added vs 257 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new CGNX position: 93 → 108 → 98 → 115. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 18% medium ■ 22% new
341 out of 566 hedge funds have held CGNX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+18% value, -7% shares)

Value
+18%
Shares
-6%
Last quarter: total value of institutional CGNX holdings rose +18% even though funds reduced share count by 7%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~115 new funds/quarter

56 → 93 → 108 → 98 → 115 new funds/Q
New funds entering each quarter: 93 → 108 → 98 → 115. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 26% newcomers

■ 68% veterans ■ 6% 1-2yr ■ 26% new
Entry-cohort mix of 585 holders: 398 (68%) are 2+ year veterans, 37 entered 1–2 years ago, and 150 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
60 of 565 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CGNX

In 2026 Q1, 326 hedge funds were net buyers of CGNX (115 opened a new position, 211 added to an existing one), while 257 reduced or exited (187 trimmed, 70 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 33% of total institutional value in CGNX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +45 funds (more new holders than closures). Total institutional holders: 566.

Hedge Fund Ownership: CGNX

How many hedge funds hold CGNX — quarterly history vs. share price
Quarterly hedge fund ownership of CGNX vs. share price

Market Analysis: CGNX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CGNX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cognex Corp (CGNX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CGNX has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
CGNX
+33.8%
XLK
+43.7%

CGNX outperformed XLK by -9.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
CGNX
+2.2%
XLK
+8.3%

Since the filing became public, CGNX outperformed XLK by -6.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

46 top-rated funds 1 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: CGNX
563 + Investors

Track Smart Money conviction in CGNX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 563 521 8.06%
13F Shares 158M 171M -7.66%
Total Value $7.17B $6.06B 18.32%
New Positions 113 98 +15
Increased Positions 203 168 +35
Closed Positions 71 69 +2
Reduced Positions 184 190 -6
Total Calls 11 9 22.22%
Total Puts 9 4 125.0%
PUT/CALL Ratio 0.82 0.44 Neutral

Statistics: CGNX

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

563 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CGNX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CGNX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Engaged Capital LLC 7.81% 484,000 $23.7M
2 Alpine Peaks Capital, LP 6.02% 121,919 $6.0M
3 Disciplined Growth Investors Inc /Mn 4.33% 4,322,075 $211.7M
4 Kopion Asset Management, LLC 3.66% 96,065 $4.7M
5 Brown Capital Management LLC 2.89% 414,638 $20.3M
6 Electron Capital Partners, LLC 1.70% 888,614 $43.5M
7 Westerly Capital Management, LLC 1.67% 125,000 $6.1M
8 Copeland Capital Management, LLC 1.52% 1,393,446 $68.3M
9 Values First Advisors, Inc. 1.50% 58,579 $2.9M
10 Pier Capital, LLC 1.32% 162,966 $8.0M
11 Tema Etfs LLC 1.02% 308,690 $15.1M
12 Kingdon Capital Management, L.L.C. 0.99% 185,000 $9.1M
13 Riverbridge Partners LLC 0.86% 715,343 $35.0M
14 Stephens Investment Management Group LLC 0.74% 1,098,461 $53.8M
15 American Capital Management Inc 0.71% 271,533 $13.3M
16 Bridge City Capital, LLC 0.69% 50,963 $2.5M
17 Foster Victor Wealth Advisors, LLC 0.67% 209,575 $11.6M
18 Mairs & Power Inc 0.61% 1,223,875 $60.0M
19 Lecap Asset Management Ltd 0.59% 31,871 $1.6M
20 Greenfield Seitz Capital Management, LLC 0.54% 36,861 $1.8M
21 Robinhood Asset Management, LLC 0.52% 145,117 $7.1M
22 Royce & Associates LP 0.50% 1,029,763 $50.4M
23 Twinbeech Capital LP 0.49% 96,032 $4.7M
24 Washington Capital Management, Inc 0.45% 10,950 $536K
25 Oak Harvest Investment Services 0.44% 86,972 $4.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cognex Corp (CGNX)

What does the Smart Money Trend signal show for CGNX?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added CGNX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CGNX?

Slight buying edge — 56% buying: Last quarter: 326 funds bought or added vs 257 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CGNX holders?

Strong quality — 33% AUM from major funds: 60 of 565 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CGNX?

60% of holders stayed for 2+ years: 341 out of 566 hedge funds have held CGNX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cognex Corp (CGNX) following the 2026 Q1 hedge fund 13F filings?

As of today, CGNX has moved +2.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.3% for the XLK sector ETF — an outperformance of -6.1%. Since the quarter end (March 31, 2026), CGNX has gained +33.8% vs +43.7% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →