CareDx
CDNA
23 hedge funds and large institutions have $4.98M invested in CareDx in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
6.08% less ownership
Funds ownership: 36.76% → 30.68% (-6.1%)
15% less funds holding
Funds holding: 27 → 23 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
85% less capital invested
Capital invested by funds: $33.4M → $4.98M (-$28.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$220K |
| 2 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
+$203K |
| 3 |
GS
Gagnon Securities
New York
|
+$61.5K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$30K |
| 5 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAA
Henry H. Armstrong Associates
Pittsburgh,
Pennsylvania
|
-$22.4M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$1.39M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$298K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$72K |
| 5 |
SIM
Spark Investment Management
New York
|
-$66K |
CDNA Hedge Fund Activity: Q2 2017 in Review
23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q2 2017, worth a combined $4.98M — down 85% from $33.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CDNA and 2 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Royce & Associates, adding an estimated $220K. The largest seller was Henry H. Armstrong Associates, exiting entirely with an estimated $22.4M sold.
- 23 institutional investors held CareDx (CDNA) as of Q2 2017, down from 27 in Q1 2017.
- Funds reported $4.98M of CareDx stock for Q2 2017, down 85% quarter-over-quarter.
- 2 funds opened new CareDx positions in Q2 2017 and 6 closed out, a net change of -4 holders.
- The largest CareDx buyer in Q2 2017 was Royce & Associates, an estimated $220K added.
- The largest CareDx seller in Q2 2017 was Henry H. Armstrong Associates, an estimated $22.4M sold.
Based on aggregated 13F filings for Q2 2017.