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CareDx
CDNA

215 hedge funds and large institutions have $1.61B invested in CareDx in 2024 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 65 increasing their positions, 57 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

689% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 9

204% more call options, than puts

Call options by funds: $4.18M | Put options by funds: $1.38M

94% more capital invested

Capital invested by funds: $830M → $1.61B (+$780M)

67% more funds holding in top 10

Funds holding in top 10: 3 → 5 (+2)

40% more funds holding

Funds holding: 154 → 215 (+61)

14% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 57

4.77% less ownership

Funds ownership: 102.68% → 97.91% (-4.8%)

Holders
215
Holders Change
+61
Holders Change %
+39.61%
% of All Funds
3.09%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
71
Increased
65
Reduced
57
Closed
9
Calls
$4.18M
Puts
$1.38M
Net Calls
+$2.81M
Net Calls Change
+$1.91M

Top Buyers

1
Invesco
Invesco
Georgia
+$34.2M
2
DCM
Driehaus Capital Management
Illinois
+$18M
3
Fidelity Investments
Fidelity Investments
Massachusetts
+$13.8M
4
Russell Investments Group
Russell Investments Group
United Kingdom
+$10.3M
5
FAM
Fred Alger Management
New York
+$8.81M

Top Sellers

1
AIM
ARK Investment Management
Florida
-$67.5M
2
Millennium Management
Millennium Management
New York
-$42.1M
3
NAMA
Nikko Asset Management Americas
New York
-$23M
4
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
-$22.9M
5
BG
Bellevue Group
Switzerland
-$19.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$14.1M +$749K +30,097 +7%
Millennium Management
27
Millennium Management
New York
$14.1M -$42.1M -1,690,170 -79%
GA
28
Gagnon Advisors
New York
$12.9M -$4.91M -197,461 -32%
Citadel Advisors
29
Citadel Advisors
Florida
$12.9M +$7.25M +291,186 +242%
RA
30
Royce & Associates
New York
$12.3M +$24.9K +1,000 +0.3%
N
31
Nuveen
North Carolina
$12.1M +$6.16M +247,586 +176%
Boston Partners
32
Boston Partners
Massachusetts
$11.7M +$8.73M +350,849 +1,444%
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$11.7M -$4.77M -191,770 -33%
Marshall Wace
34
Marshall Wace
United Kingdom
$11.5M +$7.78M +312,719 +561%
Lord, Abbett & Co
35
Lord, Abbett & Co
New Jersey
$10.9M +$8.66M +348,219 New
Bank of America
36
Bank of America
North Carolina
$10.6M +$2.23M +89,745 +36%
CSS
37
Cubist Systematic Strategies
Connecticut
$10.5M +$8.38M +336,648 New
AQR Capital Management
38
AQR Capital Management
Connecticut
$10.3M +$3.73M +149,735 +83%
Two Sigma Investments
39
Two Sigma Investments
New York
$9.76M +$5.14M +206,544 +195%
OAM
40
Oberweis Asset Management
Illinois
$9.2M +$1.1M +44,100 +18%
Acadian Asset Management
41
Acadian Asset Management
Massachusetts
$8.4M -$8.48M -340,871 -56%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$8.07M +$2.9M +116,500 +82%
Point72 Asset Management
43
Point72 Asset Management
Connecticut
$8.01M +$6.38M +256,580 New
Ameriprise
44
Ameriprise
Minnesota
$7.53M +$1.25M +50,255 +26%
EGM
45
Engineers Gate Manager
New York
$6.76M +$843K +33,865 +19%
Squarepoint
46
Squarepoint
New York
$6.71M +$5.34M +214,751 New
TI
47
Trexquant Investment
Connecticut
$6.51M +$5.19M +208,513 New
Allspring Global Investments
48
Allspring Global Investments
North Carolina
$6.4M +$4.57M +183,823 +869%
Wellington Management Group
49
Wellington Management Group
Massachusetts
$6.05M -$214K -8,590 -4%
BAM
50
Bullseye Asset Management
Colorado
$5.77M – – –
1
2
3 4 5

CDNA Hedge Fund Activity: Q3 2024 in Review

215 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2024, worth a combined $1.61B — up 94% from $830M a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new CDNA positions and 9 closed out — a net gain of 62 holders — while 65 added to existing stakes and 57 trimmed.

The largest buyer was Invesco, adding an estimated $34.2M. The largest seller was ARK Investment Management, cutting an estimated $67.5M.

  • 215 institutional investors held CareDx (CDNA) as of Q3 2024, up from 154 in Q2 2024.
  • Funds reported $1.61B of CareDx stock for Q3 2024, up 94% quarter-over-quarter.
  • 71 funds opened new CareDx positions in Q3 2024 and 9 closed out, a net change of +62 holders.
  • The largest CareDx buyer in Q3 2024 was Invesco, an estimated $34.2M added.
  • The largest CareDx seller in Q3 2024 was ARK Investment Management, an estimated $67.5M sold.

Based on aggregated 13F filings for Q3 2024.