EPAM Systems, Inc.
US ˙ NYSE ˙ US29414B1044

SecurityEPAM / EPAM Systems, Inc.
InstitutionMacquarie Group Ltd
Latest Disclosed Ownership1,824 shares
Latest Disclosed Value $ 246,970
Macquarie Group Ltd reports 23.23% decrease in ownership of EPAM / EPAM Systems, Inc.

On May 15, 2026 - Macquarie Group Ltd filed a 13F-HR form disclosing ownership of 1,824 shares of EPAM Systems, Inc. (US:EPAM) valued at $246,970 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 2,376 shares of EPAM Systems, Inc.. This represents a change in shares of -23.23% during the quarter. The current value of the position is $177,439 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F EPAM SYS COM 29414B104 1,824 -552 -23.23 247 -49.38 0.0011
2026-02-13 2025-12-31 13F EPAM SYS COM 29414B104 2,376 1,105 86.94 487 154.45 0.0021
2025-11-13 2025-09-30 13F EPAM SYS COM 29414B104 1,271 -521 -29.07 192 -39.56 0.0002
2025-08-14 2025-06-30 13F EPAM SYS COM 29414B104 1,792 -7,201 -80.07 317 -79.18 0.0004
2025-08-14 2025-03-31 13F/A-1 EPAM SYS COM 29414B104 8,993 -1,950 -17.82 1,518 -25.52 0.0019
2025-05-15 2025-03-31 13F EPAM SYS COM 29414B104 8,993 -1,950 975 0.0008
2025-02-14 2024-12-31 13F EPAM SYS COM 29414B104 10,943 -339 -3.00 2,039 -9.22 0.0025
2024-11-14 2024-09-30 13F EPAM SYS COM 29414B104 11,282 -2,360 -17.30 2,246 -12.51 0.0024
2024-08-09 2024-06-30 13F EPAM SYS COM 29414B104 13,642 907 7.12 2,566 -27.04 0.0029
2024-05-14 2024-03-31 13F EPAM SYS COM 29414B104 12,735 167 1.33 3,517 -5.89 0.0040
2024-02-14 2023-12-31 13F EPAM SYS COM 29414B104 12,568 2,984 31.14 3,737 52.53 0.0043
2023-11-14 2023-09-30 13F EPAM SYS COM 29414B104 9,584 -897 -8.56 2,451 4.03 0.0031
2023-10-27 2023-06-30 13F/A-2 EPAM SYS COM 29414B104 10,481 4,021 62.24 2,355 21.96 0.0027
2023-10-12 2023-06-30 13F/A-1 EPAM SYS COM 29414B104 10,481 4,021 2,355 0.0024
2023-08-14 2023-06-30 13F EPAM SYS COM 29414B104 10,481 4,021 2,355 0.0024
2023-06-01 2023-03-31 13F/A-1 EPAM SYS COM 29414B104 6,460 -115,105 -94.69 1,931 -95.15 0.0023
2023-05-15 2023-03-31 13F EPAM SYS COM 29414B104 6,460 -115,105 1,931 0.0018
2023-02-21 2022-12-31 13F EPAM SYS COM 29414B104 121,565 -53,230 -30.45 39,842 -37.07 0.0470
2022-11-14 2022-09-30 13F EPAM SYS COM 29414B104 174,795 83,555 91.58 63,309 135.38 0.0776
2022-08-17 2022-06-30 13F/A-1 EPAM SYS COM 29414B104 91,240 79,820 698.95 26,896 694.10 0.0302
2022-08-15 2022-06-30 13F EPAM SYS COM 29414B104 91,240 79,820 26,896 0.0096
2022-05-16 2022-03-31 13F EPAM SYS COM 29414B104 11,420 -221,326 -95.09 3,387 -97.82 0.0026
2022-02-11 2021-12-31 13F EPAM Systems COM 29414B104 232,746 -80,942 -25.80 155,580 -13.06 0.1296
2021-11-12 2021-09-30 13F EPAM SYS COM 29414B104 313,688 -125,048 -28.50 178,953 -20.17 0.1525
2021-08-13 2021-06-30 13F EPAM SYS COM 29414B104 438,736 -111,339 -20.24 224,177 2.73 0.1841
2021-05-14 2021-03-31 13F EPAM SYS COM 29414B104 550,075 51,100 10.24 218,209 22.04 0.3085
2021-02-16 2020-12-31 13F EPAM SYS COM 29414B104 498,975 115,578 30.15 178,808 44.27 0.2611
2020-11-13 2020-09-30 13F EPAM SYS COM 29414B104 383,397 39,976 11.64 123,944 43.21 0.2098
2020-08-11 2020-06-30 13F EPAM SYS COM 29414B104 343,421 -11,475 -3.23 86,546 31.35 0.1490
2020-05-15 2020-03-31 13F EPAM SYS COM 29414B104 354,896 -26,055 -6.84 65,890 -18.48 0.1354
2020-03-18 2019-12-31 13F/A-2 EPAM SYS COM 29414B104 380,951 16,028 4.39 80,823 21.48 0.1154
2020-02-28 2019-12-31 13F/A-1 EPAM SYS COM 29414B104 380,951 0 80,823 0.1168
2020-02-14 2019-12-31 13F EPAM SYS COM 29414B104 380,951 16,028 80,823 101,426.0154
2019-11-14 2019-09-30 13F EPAM SYS COM 29414B104 364,923 -3,022 -0.82 66,533 4.46 0.1115
2019-11-06 2019-06-30 13F/A-2 EPAM SYS COM 29414B104 367,945 14,568 4.12 63,691 6.57 0.1074
2019-09-24 2019-06-30 13F/A-1 EPAM SYS COM 29414B104 367,945 0 63,691 0.1083
2019-08-14 2019-06-30 13F EPAM SYS COM 29414B104 367,945 14,568 63,691
2019-05-15 2019-03-31 13F EPAM SYS COM 29414B104 353,377 -7,550 -2.09 59,767 42.74 0.1019
2019-02-15 2018-12-31 13F EPAM SYS COM 29414B104 360,927 8,702 2.47 41,871 -13.67 0.0809
2018-11-15 2018-09-30 13F EPAM SYS COM 29414B104 352,225 -22,585 -6.03 48,501 4.08 0.0790
2019-03-21 2018-06-30 13F/A-1 EPAM SYS COM 29414B104 374,810 10,818 2.97 46,600 11.79 0.0803
2018-08-14 2018-06-30 13F EPAM SYS COM 29414B104 374,810 10,818 46,600
2018-05-11 2018-03-31 13F EPAM SYS COM 29414B104 363,992 28,344 8.44 41,684 15.60 0.0760
2018-02-14 2017-12-31 13F EPAM SYS COM 29414B104 335,648 0 0.00 36,059 22.18 0.0638
2017-11-08 2017-09-30 13F EPAM SYS COM 29414B104 335,648 9,756 2.99 29,514 7.70 0.0529
2017-08-14 2017-06-30 13F EPAM SYS COM 29414B104 325,892 325,892 27,404 0.0501
2016-08-15 2016-06-30 13F EPAM SYSTEMS COMMON 29414B104 0 -24,314 -100.00 0 -100.00
2016-05-16 2016-03-31 13F EPAM SYSTEMS COMMON 29414B104 24,314 -37,918 -60.93 1,816 -16.47 0.0037
2014-02-14 2013-12-31 13F EPAM SYSTEMS Common Stock 29414B104 62,232 5,875 10.42 2,174 11.83 0.0039
2013-11-14 2013-09-30 13F EPAM SYSTEMS Common Stock 29414B104 56,357 -2,095 -3.58 1,944 22.34 0.0038
2013-08-16 2013-06-30 13F/A-1 EPAM SYSTEMS COMMON 29414B104 58,452 58,452 1,589 0.0035
2013-08-14 2013-06-30 13F EPAM SYSTEMS COMMON 29414B104 58,452 1,589 0.0035
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.