EPAM Systems, Inc.
US ˙ NYSE ˙ US29414B1044

SecurityEPAM / EPAM Systems, Inc.
InstitutionCIBC Private Wealth Group, LLC
Latest Disclosed Ownership2,289 shares
Latest Disclosed Value $ 468,970
CIBC Private Wealth Group, LLC reports 3.58% decrease in ownership of EPAM / EPAM Systems, Inc.

On February 12, 2026 - CIBC Private Wealth Group, LLC filed a 13F-HR form disclosing ownership of 2,289 shares of EPAM Systems, Inc. (US:EPAM) valued at $468,970 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 24, 2025 disclosing 2,374 shares of EPAM Systems, Inc.. This represents a change in shares of -3.58% during the quarter. The current value of the position is $224,414 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)
2026-02-12 2025-12-31 13F EPAM SYS COM 29414B104 2,289 -85 -3.58 469 31.09 0.0008
2025-11-24 2025-09-30 13F EPAM SYS COM 29414B104 2,374 -55 -2.26 358 -16.78 0.0006
2025-08-12 2025-06-30 13F EPAM SYS COM 29414B104 2,429 -226 -8.51 429 12.89 0.0008
2025-05-14 2025-03-31 13F EPAM SYS COM 29414B104 2,655 -210 -7.33 381 -41.90 0.0008
2025-02-12 2024-12-31 13F EPAM Systems COM 29414B104 2,865 -469 -14.07 655 -1.36 0.0012
2024-11-13 2024-09-30 13F EPAM Systems COM 29414B104 3,334 -40 -1.19 664 5.57 0.0012
2024-08-09 2024-06-30 13F EPAM Systems COM 29414B104 3,374 -11 -0.32 628 -31.74 0.0012
2024-05-10 2024-03-31 13F EPAM Systems COM 29414B104 3,385 -749 -18.12 921 -25.14 0.0018
2024-02-13 2023-12-31 13F EPAM SYS INC COM COM 29414B104 4,134 -701 -14.50 1,229 -0.57 0.0026
2023-11-13 2023-09-30 13F EPAM SYS INC COM COM 29414B104 4,835 4,835 1,236 0.0029
2023-08-10 2023-06-30 13F EPAM SYS INC COM COM 29414B104 0 -65,808 -100.00 0 -100.00
2023-11-21 2023-03-31 13F/A-1 EPAM SYS INC COM COM 29414B104 65,808 -113,535 -63.31 2,875 -90.66 0.0064
2023-05-12 2023-03-31 13F EPAM SYS INC COM COM 29414B104 65,808 -113,535 2,875 0.0062
2023-06-01 2022-12-31 13F/A-2 EPAM SYS INC COM COM 29414B104 179,343 -42,575 -19.19 30,782 -61.70 0.1034
2023-02-14 2022-12-31 13F/A-1 EPAM SYS INC COM COM 29414B104 179,343 -42,575 58,778 0.1231
2023-02-13 2022-12-31 13F EPAM SYS INC COM COM 29414B104 179,343 -42,575 58,778 0.0001
2022-11-15 2022-09-30 13F EPAM SYS INC COM COM 29414B104 221,918 28,128 14.51 80,376 40.70 0.2165
2022-08-03 2022-06-30 13F EPAM SYS COM 29414B104 193,790 42,214 27.85 57,126 27.06 0.1484
2022-05-16 2022-03-31 13F EPAM SYS COM 29414B104 151,576 -111,671 -42.42 44,959 -74.45 0.0981
2022-04-04 2021-12-31 13F/A-1 EPAM SYS COM 29414B104 263,247 -20,856 -7.34 175,968 8.57 0.3649
2022-02-08 2021-12-31 13F EPAM SYS COM 29414B104 263,247 -20,856 175,968 0.3649
2021-11-12 2021-09-30 13F EPAM SYS COM 29414B104 284,103 -20,833 -6.83 162,076 4.02 0.3771
2021-08-16 2021-06-30 13F EPAM SYS COM 29414B104 304,936 -30,915 -9.20 155,810 16.95 0.3579
2021-05-12 2021-03-31 13F EPAM SYS COM 29414B104 335,851 -3,571 -1.05 133,228 9.53 0.3355
2021-02-12 2020-12-31 13F EPAM SYS COM 29414B104 339,422 -1,561 -0.46 121,632 10.34 0.3216
2020-11-03 2020-09-30 13F/A-1 EPAM SYS COM 29414B104 340,983 121,321 55.23 110,233 99.13 0.3377
2020-08-13 2020-06-30 13F EPAM SYS INC COM Com 29414B104 219,662 -166,867 -43.17 55,358 -22.86 0.2690
2020-05-15 2020-03-31 13F EPAM SYS COM 29414B104 386,529 77,120 24.92 71,762 9.32 0.3078
2020-01-30 2019-12-31 13F EPAM SYS COM 29414B104 309,409 85,990 38.49 65,645 61.16 0.2141
2019-10-16 2019-09-30 13F EPAM SYS COM 29414B104 223,419 79 0.04 40,734 5.36 0.1433
2019-07-31 2019-06-30 13F EPAM SYS COM 29414B104 223,340 186 0.08 38,660 2.43 0.1357
2019-05-10 2019-03-31 13F EPAM SYS COM 29414B104 223,154 -1,298 -0.58 37,743 44.95 0.1456
2019-02-05 2018-12-31 13F EPAM SYS COM 29414B104 224,452 1,759 0.79 26,039 -15.09 0.1161
2018-11-14 2018-09-30 13F EPAM SYS COM 29414B104 222,693 -950 -0.42 30,665 10.29 0.1163
2018-08-02 2018-06-30 13F EPAM SYS COM 29414B104 223,643 5,096 2.33 27,805 11.09 0.1134
2018-05-17 2018-03-31 13F EPAM SYS COM 29414B104 218,547 3,084 1.43 25,030 8.13 0.1088
2018-02-12 2017-12-31 13F EPAM SYS COM 29414B104 215,463 813 0.38 23,147 22.64 0.0982
2017-12-21 2017-09-30 13F/A-1 EPAM SYS INC COM COM 29414B104 214,650 -3,582 -1.64 18,874 2.86 0.0860
2017-11-14 2017-09-30 13F EPAM SYS INC COM COM 29414B104 214,650 -3,582 18,874
2017-08-09 2017-06-30 13F EPAM SYS INC COM Com 29414B104 218,232 10,124 4.86 18,350 16.76 0.1152
2017-05-10 2017-03-31 13F EPAM SYS INC COM Com 29414B104 208,108 -10,236 -4.69 15,716 11.92 0.0987
2017-02-13 2016-12-31 13F EPAM SYS INC COM Com 29414B104 218,344 4,508 2.11 14,042 -5.25 0.0928
2016-11-09 2016-09-30 13F EPAM SYS INC COM Com 29414B104 213,836 2,748 1.30 14,820 9.17 0.1028
2016-08-11 2016-06-30 13F EPAM SYS INC COM Com 29414B104 211,088 1,061 0.51 13,575 -13.44 0.0991
2016-05-11 2016-03-31 13F EPAM SYS INC COM Com 29414B104 210,027 3,335 1.61 15,682 -3.50 0.1212
2016-02-10 2015-12-31 13F EPAM SYS INC COM Com 29414B104 206,692 2,874 1.41 16,251 6.99 0.1272
2015-11-12 2015-09-30 13F EPAM SYS INC COM Com 29414B104 203,818 2,352 1.17 15,189 5.85 0.1250
2015-08-13 2015-06-30 13F EPAM SYS INC COM Com 29414B104 201,466 2,393 1.20 14,350 17.60 0.1044
2015-05-11 2015-03-31 13F EPAM SYS INC COM Com 29414B104 199,073 14,002 7.57 12,202 38.08 0.0901
2015-02-12 2014-12-31 13F EPAM SYS INC COM Com 29414B104 185,071 -638 -0.34 8,837 8.67 0.0676
2014-11-12 2014-09-30 13F EPAM SYS INC COM Com 29414B104 185,709 257 0.14 8,132 0.23 0.0640
2014-08-13 2014-06-30 13F EPAM SYS INC COM Com 29414B104 185,452 -1,568 -0.84 8,113 23.47 0.0658
2014-05-14 2014-03-31 13F EPAM SYS INC COM COM 29414B104 187,020 187,020 6,571 0.0559
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.