Three Bays Capital’s Cadence Design Systems CDNS Stock Holding History

Three Bays Capital’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 Q2	–	Sell	-3,402,871	Closed	-$80.2M	–	24
2016 Q1	$80.2M	Sell	3,402,871 -1,403,700	-29%	-$29.4M	5.19%	10
2015 Q4	$100M	Sell	4,806,571 -1,438,264	-23%	-$31.2M	4.49%	8
2015 Q3	$129M	Sell	6,244,835 -705,654	-10%	-$14.4M	6.47%	5
2015 Q2	$137M	Sell	6,950,489 -2,118,500	-23%	-$41.1M	5.67%	6
2015 Q1	$167M	Buy	9,068,989 +3,164,859	+54%	+$57.6M	7.03%	4
2014 Q4	$112M	Buy	+5,904,130	New	+$106M	7.14%	4

Other funds holding CDNS

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

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

BFA

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

Standard Investments New York $1.83B AUM 4.12% 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

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

Three Bays Capital's CDNS Position: Q2 2016 in Review

Three Bays Capital sold out of Cadence Design Systems (CDNS) in Q2 2016, closing a stake of 3,402,871 shares — an estimated $80.2M sold.

Three Bays Capital first reported a position in CDNS in Q4 2014 and held it in 6 quarters. The position peaked at $167M in Q1 2015. 354 funds tracked by Wall St. Rank hold CDNS as of Q2 2016.

Three Bays Capital reported no remaining Cadence Design Systems position as of Q2 2016 after selling out during the quarter.
Three Bays Capital sold 3,402,871 Cadence Design Systems shares in Q2 2016, an estimated $80.2M.
Three Bays Capital first reported a position in Cadence Design Systems in Q4 2014 and held it in 6 quarters.
Three Bays Capital's Cadence Design Systems position peaked at $167M in Q1 2015.
354 funds tracked by Wall St. Rank held Cadence Design Systems as of Q2 2016.

Based on Three Bays Capital's 13F filing for Q2 2016, filed 15 Aug 2016.