CareDx
CDNA
73 hedge funds and large institutions have $148M invested in CareDx in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
34% more capital invested
Capital invested by funds: $110M → $148M (+$37.9M)
24% more funds holding
Funds holding: 59 → 73 (+14)
11.4% more ownership
Funds ownership: 52.38% → 63.78% (+11%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.31M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$4.89M |
| 3 |
FAM
Fred Alger Management
New York
|
+$4.82M |
| 4 |
RI
RTW Investments
New York
|
+$3.46M |
| 5 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
-$6.75M |
| 2 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
-$2.36M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$1.92M |
| 4 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$836K |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$672K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPF
76
FNY Partners Fund
New York
| – | -$102K | -14,000 | Closed |
|
77
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$90K | -12,308 | Closed |
|
78
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$75K | -10,250 | Closed |
|
|
DCM
79
Delpha Capital Management
New York
| – | -$9K | -1,215 | Closed |
|
CDNA Hedge Fund Activity: Q1 2018 in Review
73 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q1 2018, worth a combined $148M — up 34% from $110M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CDNA positions and 6 closed out — a net gain of 14 holders — while 28 added to existing stakes and 13 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $5.31M. The largest seller was Stonepine Capital Management, exiting entirely with an estimated $6.75M sold.
- 73 institutional investors held CareDx (CDNA) as of Q1 2018, up from 59 in Q4 2017.
- Funds reported $148M of CareDx stock for Q1 2018, up 34% quarter-over-quarter.
- 20 funds opened new CareDx positions in Q1 2018 and 6 closed out, a net change of +14 holders.
- The largest CareDx buyer in Q1 2018 was Polar Asset Management Partners, an estimated $5.31M added.
- The largest CareDx seller in Q1 2018 was Stonepine Capital Management, an estimated $6.75M sold.
Based on aggregated 13F filings for Q1 2018.