Meritage Portfolio Management’s Cadence Design Systems CDNS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	$9.05M	Sell	28,964 -569	-2%	-$186K	0.6%	40
2025 Q3	$10.4M	Sell	29,533 -7,653	-21%	-$2.63M	0.69%	33
2025 Q2	$11.5M	Sell	37,186 -2,027	-5%	-$589K	0.73%	30
2025 Q1	$9.97M	Sell	39,213 -1,272	-3%	-$354K	0.66%	33
2024 Q4	$12.2M	Sell	40,485 -1,017	-2%	-$296K	0.75%	32
2024 Q3	$11.2M	Sell	41,502 -39,654	-49%	-$11M	0.69%	29
2024 Q2	$25M	Sell	81,156 -1,337	-2%	-$396K	1.58%	9
2024 Q1	$25.7M	Sell	82,493 -3,913	-5%	-$1.16M	1.63%	8
2023 Q4	$23.5M	Buy	86,406 +5,974	+7%	+$1.54M	1.55%	8
2023 Q3	$18.8M	Sell	80,432 -515	-0.6%	-$121K	1.39%	8
2023 Q2	$19M	Sell	80,947 -3,966	-5%	-$863K	1.34%	9
2023 Q1	$17.8M	Sell	84,913 -2,305	-3%	-$436K	1.34%	10
2022 Q4	$14M	Sell	87,218 -4,192	-5%	-$670K	1.1%	15
2022 Q3	$14.9M	Buy	91,410 +36,088	+65%	+$6.21M	1.24%	14
2022 Q2	$8.3M	Buy	+55,322	New	+$8.35M	0.64%	40