Fir Tree Capital Management’s Cadence Design Systems CDNS Stock Holding History

Fir Tree Capital Management’s Portfolio CDNS Stock Details CDNS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-874,754	Closed	-$21.3M	–	60
2016 Q2	$21.3M	Hold	874,754	–	–	0.87%	18
2016 Q1	$20.6M	Sell	874,754 -2,748,417	-76%	-$57.6M	0.78%	22
2015 Q4	$75.4M	Sell	3,623,171 -8,769,054	-71%	-$190M	1.34%	24
2015 Q3	$256M	Buy	12,392,225 +3,372,087	+37%	+$68.7M	4.3%	8
2015 Q2	$177M	Buy	+9,020,138	New	+$175M	2.82%	16

Other funds holding CDNS

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Standard Investments New York $1.83B AUM 4.12% 1-Year Est. Return

Alkeon Capital Management New York $59.5B AUM 51.63% 1-Year Est. Return

ACH

ArrowMark Colorado Holdings Denver, Colorado $3.76B AUM 21.77% 1-Year Est. Return

Fir Tree Capital Management's CDNS Position: Q3 2016 in Review

Fir Tree Capital Management sold out of Cadence Design Systems (CDNS) in Q3 2016, closing a stake of 874,754 shares — an estimated $21.3M sold.

Fir Tree Capital Management first reported a position in CDNS in Q2 2015 and held it in 5 quarters. The position peaked at $256M in Q3 2015. 336 funds tracked by Wall St. Rank hold CDNS as of Q3 2016.

Fir Tree Capital Management reported no remaining Cadence Design Systems position as of Q3 2016 after selling out during the quarter.
Fir Tree Capital Management sold 874,754 Cadence Design Systems shares in Q3 2016, an estimated $21.3M.
Fir Tree Capital Management first reported a position in Cadence Design Systems in Q2 2015 and held it in 5 quarters.
Fir Tree Capital Management's Cadence Design Systems position peaked at $256M in Q3 2015.
336 funds tracked by Wall St. Rank held Cadence Design Systems as of Q3 2016.

Based on Fir Tree Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.