CareDx
CDNA
59 hedge funds and large institutions have $110M invested in CareDx in 2017 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 5 closing their positions.
640% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 5
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
293% more capital invested
Capital invested by funds: $28M → $110M (+$82M)
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
119% more funds holding
Funds holding: 27 → 59 (+32)
23.02% more ownership
Funds ownership: 29.36% → 52.38% (+23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$7.72M |
| 2 |
PA
Perceptive Advisors
New York
|
+$6.49M |
| 3 |
GA
Gagnon Advisors
New York
|
+$5.94M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.79M |
| 5 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
-$2.03M |
| 2 |
GS
Gagnon Securities
New York
|
-$1.79M |
| 3 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$645K |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$630K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$364K |
CDNA Hedge Fund Activity: Q4 2017 in Review
59 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q4 2017, worth a combined $110M — up 293% from $28M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CDNA positions and 5 closed out — a net gain of 32 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Fred Alger Management, opening a new position worth an estimated $7.72M. The largest seller was Paragon Associates & Paragon Associates II Joint Venture, cutting an estimated $2.03M.
- 59 institutional investors held CareDx (CDNA) as of Q4 2017, up from 27 in Q3 2017.
- Funds reported $110M of CareDx stock for Q4 2017, up 293% quarter-over-quarter.
- 37 funds opened new CareDx positions in Q4 2017 and 5 closed out, a net change of +32 holders.
- The largest CareDx buyer in Q4 2017 was Fred Alger Management, an estimated $7.72M added.
- The largest CareDx seller in Q4 2017 was Paragon Associates & Paragon Associates II Joint Venture, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2017.