[SCHEDULE 13G] EPAM Systems, Inc. Passive Investment Disclosure (>5%)
Ameriprise and Columbia report 7% stakes in EPAM
EPAM Systems, Inc. ownership disclosures: Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC filed a Schedule 13G reporting shared voting and dispositive power over EPAM common stock as of 03/31/2026.
EPAM Systems, Inc. ownership disclosures: Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC filed a Schedule 13G reporting shared voting and dispositive power over EPAM common stock as of 03/31/2026. Ameriprise reports 3,822,745 shares of shared dispositive power (7.3%). Columbia Management reports 3,734,420 shares of shared dispositive power (7.1%). The filing states AFI is the parent of CMIA and that AFI’s reported totals include CMIA’s holdings; both entities disclaim beneficial ownership in the Schedule. The submission is signed on 05/15/2026.
Positive
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Negative
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Insights
Large registered asset managers report low‑teens combined stakes in EPAM.
Ameriprise Financial and Columbia Management filed a Schedule 13G showing shared dispositive power of 3,822,745 and 3,734,420 shares respectively, tied to a 03/31/2026 record. The cover shows percentages of 7.3% and 7.1%, and AFI states its totals include CMIA’s holdings.
The filing is informational under passive ownership reporting rules; it lists governance-related counts but attaches no transaction, timing, or cash-flow details. Subsequent disclosures would be required if ownership or intent changed.
Key Figures
Ameriprise shared dispositive power:3,822,745 sharesAmeriprise percent of class:7.3%Columbia Management shared dispositive power:3,734,420 shares+3 more
6 metrics
Ameriprise shared dispositive power3,822,745 sharesshared dispositive power as of 03/31/2026
Ameriprise percent of class7.3%percent of class reported on cover rows
Columbia Management shared dispositive power3,734,420 sharesshared dispositive power as of 03/31/2026
Columbia Management percent of class7.1%percent of class reported on cover rows
Report date03/31/2026ownership snapshot date
Filing signature date05/15/2026signature date on Schedule 13G
"filed a Schedule 13G reporting shared voting and dispositive power"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
shared dispositive powerregulatory
"Shared Dispositive Power 3,822,745.00 appears on the cover rows"
beneficially ownedregulatory
"Amount beneficially owned: Incorporated by reference to Items (5)-(9)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake did Ameriprise report in EPAM (EPAM)?
Ameriprise reported 3,822,745 shares of shared dispositive power, equal to 7.3%. This figure appears on the filer's cover rows and is dated 03/31/2026, with the filing signed on 05/15/2026.
What stake did Columbia Management report in EPAM (EPAM)?
Columbia Management reported 3,734,420 shares of shared dispositive power, equal to 7.1%. The Schedule 13G cover rows provide these counts and percent figures as of 03/31/2026.
Does Ameriprise claim sole beneficial ownership of the reported shares?
No. Ameriprise states it is the parent of CMIA and that AFI’s totals include CMIA’s holdings; both AFI and CMIA explicitly disclaim beneficial ownership in the Schedule 13G.
What dates are relevant in this Schedule 13G filing for EPAM (EPAM)?
The ownership snapshot is reported as of 03/31/2026 and the filing signatures are dated 05/15/2026. Exhibit references list subsidiary identification and a joint filing agreement.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
EPAM Systems, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
29414B104
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
29414B104
1
Names of Reporting Persons
Ameriprise Financial, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,859,009.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,822,745.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,822,745.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
29414B104
1
Names of Reporting Persons
Columbia Management Investment Advisers, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MINNESOTA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,777,330.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,734,420.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,734,420.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.1 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
EPAM Systems, Inc.
(b)
Address of issuer's principal executive offices:
41 University Drive, Suite 202, Newtown, PA 18940
Item 2.
(a)
Name of person filing:
(a) Ameriprise Financial, Inc. ("AFI")
(b) Columbia Management Investment Advisers, LLC ("CMIA")
(b)
Address or principal business office or, if none, residence:
(a) 145 Ameriprise Financial Center, Minneapolis, MN 55474
(b) 290 Congress Street, Boston, MA 02210
(c)
Citizenship:
(a) Delaware
(b) Minnesota
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
29414B104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person.
AFI, as the parent company of CMIA, may be deemed to beneficially own the shares reported herein by CMIA. Accordingly, the shares reported herein by AFI include those shares separately reported herein by CMIA.
Each of AFI and CMIA disclaims beneficial ownership of any shares reported on this Schedule.
(b)
Percent of class:
The information required by Item 4(b) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
AFI: See Exhibit I
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Ameriprise Financial, Inc.
Signature:
/s/ Michael G. Clarke
Name/Title:
Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:
05/15/2026
Columbia Management Investment Advisers, LLC
Signature:
/s/ Michael G. Clarke
Name/Title:
Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:
05/15/2026
Comments accompanying signature:
Contact Information
Charles Chiesa
VP Fund Treasurer Global Operations and Investor Services
Telephone: 617-385-9593
Exhibit Information
Exhibit Index
Exhibit I Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.
Exhibit II Joint Filing Agreement
