CareDx
CDNA
27 hedge funds and large institutions have $33.4M invested in CareDx in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 6 closing their positions.
60% more capital invested
Capital invested by funds: $20.9M → $33.4M (+$12.5M)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.39% more ownership
Funds ownership: 36.37% → 36.76% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 31 → 27 (-4)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| 1 |
GS
Gagnon Securities
New York
|
+$514K |
| 2 |
RA
Royce & Associates
New York
|
+$223K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$223K |
| 4 |
BlackRock
New York
|
+$55.1K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$53.1K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIM
26
Essex Investment Management
Boston,
Massachusetts
| – | -$281K | -103,902 | Closed |
|
|
AIG
27
American International Group
New York
| – | -$174K | -64,570 | Closed |
|
28
M&T Bank
Buffalo,
New York
| – | -$48K | -17,689 | Closed |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$6K | -2,247 | Closed |
|
30
Walleye Trading
New York
| – | +$446 | +200 | New |
|
CDNA Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q1 2017, worth a combined $33.4M — up 60% from $20.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CDNA and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 6 added.
The largest buyer was Gagnon Securities, adding an estimated $514K. The largest seller was Paragon Associates & Paragon Associates II Joint Venture, cutting an estimated $446K.
- 27 institutional investors held CareDx (CDNA) as of Q1 2017, down from 31 in Q4 2016.
- Funds reported $33.4M of CareDx stock for Q1 2017, up 60% quarter-over-quarter.
- 5 funds opened new CareDx positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest CareDx buyer in Q1 2017 was Gagnon Securities, an estimated $514K added.
- The largest CareDx seller in Q1 2017 was Paragon Associates & Paragon Associates II Joint Venture, an estimated $446K sold.
Based on aggregated 13F filings for Q1 2017.