CareDx
CDNA
24 hedge funds and large institutions have $29.8M invested in CareDx in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 5 closing their positions.
1% more capital invested
Capital invested by funds: $29.6M → $29.8M (+$245K)
8% less funds holding
Funds holding: 26 → 24 (-2)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
+$118K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$117K |
| 3 |
ERIM
Eagle Ridge Investment Management
Stamford,
Connecticut
|
+$103K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$54.3K |
| 5 |
GS
Gagnon Securities
New York
|
+$49.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$3.12M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$774K |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$139K |
| 4 |
SIM
Spark Investment Management
New York
|
-$104K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UOC
26
UBS O'Connor
Chicago,
Illinois
| – | -$139K | -25,000 | Closed |
|
|
HLA
27
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
| – | -$57K | -10,244 | Closed |
|
28
Renaissance Technologies
New York
| – | -$56K | -10,100 | Closed |
|
|
GC
29
Globeflex Capital
San Diego,
California
| – | -$1K | -91 | Closed |
|
CDNA Hedge Fund Activity: Q2 2015 in Review
24 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q2 2015, worth a combined $29.8M — up 0.83% from $29.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CDNA and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was DAFNA Capital Management, adding an estimated $118K. The largest seller was Deerfield Management, cutting an estimated $3.12M.
- 24 institutional investors held CareDx (CDNA) as of Q2 2015, down from 26 in Q1 2015.
- Funds reported $29.8M of CareDx stock for Q2 2015, up 0.83% quarter-over-quarter.
- 3 funds opened new CareDx positions in Q2 2015 and 5 closed out, a net change of -2 holders.
- The largest CareDx buyer in Q2 2015 was DAFNA Capital Management, an estimated $118K added.
- The largest CareDx seller in Q2 2015 was Deerfield Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2015.