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156 hedge funds and large institutions have $535M invested in CareDx in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 67 increasing their positions, 42 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more call options, than puts

Call options by funds: $1.67M | Put options by funds: $679K

60% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 42

0.6% more ownership

Funds ownership: 108.08%108.67% (+0.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less funds holding

Funds holding: 168156 (-12)

19% less capital invested

Capital invested by funds: $658M → $535M (-$123M)

34% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 32

Holders
156
Holders Change
-12
Holders Change %
-7.14%
% of All Funds
2.49%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
67
Reduced
42
Closed
32
Calls
$1.67M
Puts
$679K
Net Calls
+$995K
Net Calls Change
+$2.42M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$3.91M +$2.59M +202,594 +90%
Charles Schwab
27
Charles Schwab
California
$3.85M -$9.01K -704 -0.2%
Rafferty Asset Management
28
Rafferty Asset Management
New York
$3.72M -$998K -78,036 -16%
Norges Bank
29
Norges Bank
Norway
$3.66M
Bank of Montreal
30
Bank of Montreal
Ontario, Canada
$3.39M +$21.7K +1,695 +0.8%
CSS
31
Cubist Systematic Strategies
Connecticut
$3.21M +$2.32M +181,354 +107%
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$3.06M +$1.61M +126,156 +60%
Citigroup
33
Citigroup
New York
$3M +$1.39M +108,809 +50%
BNP Paribas Financial Markets
34
BNP Paribas Financial Markets
France
$2.88M +$2.95M +230,857 +275%
N
35
Nuveen
North Carolina
$2.54M -$653K -51,029 -16%
Two Sigma Investments
36
Two Sigma Investments
New York
$2.53M +$558K +43,651 +19%
TI
37
Trexquant Investment
Connecticut
$2.33M +$1.36M +106,387 +72%
ACH
38
ArrowMark Colorado Holdings
Colorado
$2.18M -$48.2M -3,764,527 -94%
Mirae Asset Global Investments
39
Mirae Asset Global Investments
South Korea
$2.14M +$221K +17,250 +8%
JP Morgan Chase
40
JP Morgan Chase
New York
$2.09M -$1.45M -113,031 -33%
Susquehanna International Group
41
Susquehanna International Group
Pennsylvania
$1.97M +$1.36M +106,342 +98%
Deutsche Bank
42
Deutsche Bank
Germany
$1.75M +$2.12M +165,920 +651%
Connor, Clark & Lunn Investment Management (CC&L)
43
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.72M +$966K +75,500 +67%
GCP
44
GSA Capital Partners
United Kingdom
$1.61M +$2.25M +176,061 New
Bank of New York Mellon
45
Bank of New York Mellon
New York
$1.57M -$33.7K -2,634 -2%
ETC
46
Exchange Traded Concepts
Oklahoma
$1.52M +$558K +43,620 +36%
Barclays
47
Barclays
United Kingdom
$1.48M -$1.19M -93,332 -37%
Federated Hermes
48
Federated Hermes
Pennsylvania
$1.47M +$986K +77,110 +92%
UBS Group
49
UBS Group
Switzerland
$1.42M -$2.16M -168,894 -52%
AIP
50
ARS Investment Partners
New York
$1.39M +$1.94M +151,730 New

CDNA Hedge Fund Activity: Q1 2023 in Review

156 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q1 2023, worth a combined $535M — down 19% from $658M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of CDNA and 21 opened new positions — a net loss of 11 holders — while 42 trimmed existing stakes and 67 added.

The largest buyer was Armistice Capital, adding an estimated $33.7M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $48.2M.

  • 156 institutional investors held CareDx (CDNA) as of Q1 2023, down from 168 in Q4 2022.
  • Funds reported $535M of CareDx stock for Q1 2023, down 19% quarter-over-quarter.
  • 21 funds opened new CareDx positions in Q1 2023 and 32 closed out, a net change of -11 holders.
  • The largest CareDx buyer in Q1 2023 was Armistice Capital, an estimated $33.7M added.
  • The largest CareDx seller in Q1 2023 was ArrowMark Colorado Holdings, an estimated $48.2M sold.

Based on aggregated 13F filings for Q1 2023.