Cadence Bancorporation
CADE
CADE was delisted on the 28th of October, 2021.
214 hedge funds and large institutions have $720M invested in Cadence Bancorporation in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 80 increasing their positions, 68 reducing their positions, and 52 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 68
10% more call options, than puts
Call options by funds: $250K | Put options by funds: $228K
8% less funds holding
Funds holding: 232 → 214 (-18)
23% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 52
66% less capital invested
Capital invested by funds: $2.11B → $720M (-$1.39B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$21.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$11.6M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$10.8M |
| 5 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
-$64.3M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$24.3M |
| 3 |
ClearBridge Investments
New York
|
-$21.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$16.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.7M |
CADE Hedge Fund Activity: Q1 2020 in Review
214 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cadence Bancorporation (CADE) for Q1 2020, worth a combined $720M — down 66% from $2.11B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of CADE and 40 opened new positions — a net loss of 12 holders — while 68 trimmed existing stakes and 80 added.
The largest buyer was Goldman Sachs, adding an estimated $21.8M. The largest seller was EARNEST Partners, exiting entirely with an estimated $64.3M sold.
- 214 institutional investors held Cadence Bancorporation (CADE) as of Q1 2020, down from 232 in Q4 2019.
- Funds reported $720M of Cadence Bancorporation stock for Q1 2020, down 66% quarter-over-quarter.
- 40 funds opened new Cadence Bancorporation positions in Q1 2020 and 52 closed out, a net change of -12 holders.
- The largest Cadence Bancorporation buyer in Q1 2020 was Goldman Sachs, an estimated $21.8M added.
- The largest Cadence Bancorporation seller in Q1 2020 was EARNEST Partners, an estimated $64.3M sold.
Based on aggregated 13F filings for Q1 2020.