CareDx
CDNA
27 hedge funds and large institutions have $28M invested in CareDx in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 6 closing their positions.
462% more capital invested
Capital invested by funds: $4.98M → $28M (+$23M)
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
17% more funds holding
Funds holding: 23 → 27 (+4)
1.31% less ownership
Funds ownership: 30.68% → 29.36% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$1.04M |
| 2 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$473K |
| 3 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$415K |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$358K |
| 5 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gagnon Advisors
New York
|
-$2M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$333K |
| 3 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
-$212K |
| 4 |
JP Morgan Chase
New York
|
-$97K |
| 5 |
Goldman Sachs
New York
|
-$39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
26
Valeo Financial Advisors
Carmel,
Indiana
| $3K | +$1.8K | +855 | New |
|
|
HCMT
27
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$333K | -300,000 | Closed |
|
|
SCM
28
Stonepine Capital Management
Bend,
Oregon
| – | -$212K | -190,909 | Closed |
|
|
29
JP Morgan Chase
New York
| – | -$97K | -87,408 | Closed |
|
|
30
Goldman Sachs
New York
| – | -$39K | -34,745 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$4K | -3,911 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$15 | +7 | New |
|
CDNA Hedge Fund Activity: Q3 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2017, worth a combined $28M — up 462% from $4.98M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CDNA positions and 6 closed out — a net gain of 4 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Next Century Growth Investors, opening a new position worth an estimated $1.04M. The largest seller was Gagnon Advisors, cutting an estimated $2M.
- 27 institutional investors held CareDx (CDNA) as of Q3 2017, up from 23 in Q2 2017.
- Funds reported $28M of CareDx stock for Q3 2017, up 462% quarter-over-quarter.
- 10 funds opened new CareDx positions in Q3 2017 and 6 closed out, a net change of +4 holders.
- The largest CareDx buyer in Q3 2017 was Next Century Growth Investors, an estimated $1.04M added.
- The largest CareDx seller in Q3 2017 was Gagnon Advisors, an estimated $2M sold.
Based on aggregated 13F filings for Q3 2017.