CareDx
CDNA
22 hedge funds and large institutions have $18.7M invested in CareDx in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
8% less funds holding
Funds holding: 24 → 22 (-2)
37% less capital invested
Capital invested by funds: $29.8M → $18.7M (-$11.1M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$2.61M |
| 2 |
GS
Gagnon Securities
New York
|
+$495K |
| 3 |
GA
Gagnon Advisors
New York
|
+$440K |
| 4 |
RA
Royce & Associates
New York
|
+$197K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$99.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.17M |
| 2 |
ERIM
Eagle Ridge Investment Management
Stamford,
Connecticut
|
-$124K |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$107K |
| 4 |
Goldman Sachs
New York
|
-$76.1K |
| 5 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
-$64.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Acadian Asset Management
Boston,
Massachusetts
| – | -$12K | -1,807 | Closed |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1K | -200 | Closed |
|
CDNA Hedge Fund Activity: Q3 2015 in Review
22 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2015, worth a combined $18.7M — down 37% from $29.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CDNA and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was Paragon Associates & Paragon Associates II Joint Venture, opening a new position worth an estimated $2.61M. The largest seller was Credit Suisse, exiting entirely with an estimated $4.17M sold.
- 22 institutional investors held CareDx (CDNA) as of Q3 2015, down from 24 in Q2 2015.
- Funds reported $18.7M of CareDx stock for Q3 2015, down 37% quarter-over-quarter.
- 3 funds opened new CareDx positions in Q3 2015 and 5 closed out, a net change of -2 holders.
- The largest CareDx buyer in Q3 2015 was Paragon Associates & Paragon Associates II Joint Venture, an estimated $2.61M added.
- The largest CareDx seller in Q3 2015 was Credit Suisse, an estimated $4.17M sold.
Based on aggregated 13F filings for Q3 2015.