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CareDx
CDNA

159 hedge funds and large institutions have $903M invested in CareDx in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 60 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

231% more call options, than puts

Call options by funds: $5.41M | Put options by funds: $1.63M

2.61% more ownership

Funds ownership: 96.1% → 98.7% (+2.6%)

2% less capital invested

Capital invested by funds: $921M → $903M (-$17.3M)

9% less funds holding

Funds holding: 174 → 159 (-15)

17% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 60

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
159
Holders Change
-15
Holders Change %
-8.62%
% of All Funds
3.13%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
30
Increased
50
Reduced
60
Closed
40
Calls
$5.41M
Puts
$1.63M
Net Calls
+$3.77M
Net Calls Change
-$3.45M

Top Buyers

1
CCM
Consonance Capital Management
New York
+$32M
2
RHJA
Rice Hall James & Associates
California
+$12.3M
3
FAM
Fred Alger Management
New York
+$11.8M
4
BG
Bellevue Group
Switzerland
+$10.4M
5
IECM
Intrinsic Edge Capital Management
Illinois
+$9.51M

Top Sellers

1
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$21.4M
2
Wells Fargo
Wells Fargo
California
-$12.8M
3
Wellington Management Group
Wellington Management Group
Massachusetts
-$8.23M
4
Two Sigma Advisers
Two Sigma Advisers
New York
-$7.53M
5
State Street
State Street
Massachusetts
-$7.22M
Name Holding Trade Value Shares
Change 		Change in
Stake
WEC
151
Winslow Evans & Crocker
Massachusetts
$6K – – –
TL
152
TrueWealth LLC
Georgia
$5K – – –
SPIA
153
Steward Partners Investment Advisory
New York
$4K -$168K -7,327 -97%
FHA
154
First Horizon Advisors
Tennessee
$4K – – –
FCA
155
FinTrust Capital Advisors
South Carolina
$2K -$964 -42 -35%
BFEC
156
Benjamin F. Edwards & Company
Missouri
$2K +$2.11K +92 New
US Bancorp
157
US Bancorp
Minnesota
$1K -$10.8K -472 -89%
Point72 Asset Management
158
Point72 Asset Management
Connecticut
– -$6.92M -305,850 Closed
Renaissance Technologies
159
Renaissance Technologies
New York
– -$5.58M -247,000 Closed
OAM
160
Oberweis Asset Management
Illinois
– -$5.53M -244,410 Closed
FA
161
Friess Associates
Delaware
– -$5.28M -233,482 Closed
CCM
162
Copernicus Capital Management
California
– -$4.18M -184,855 Closed
T. Rowe Price Associates
163
T. Rowe Price Associates
Maryland
– -$3.64M -160,889 Closed
RI
164
RTW Investments
New York
– -$3.5M -154,951 Closed
RCMC
165
RK Capital Management (Colorado)
Colorado
– -$2.99M -132,180 Closed
Ohio Public Employees Retirement System (OPERS)
166
Ohio Public Employees Retirement System (OPERS)
Ohio
– -$2.89M -127,700 Closed
OCM
167
Osterweis Capital Management
California
– -$2.58M -114,190 Closed
Fisher Asset Management
168
Fisher Asset Management
Washington
– -$2.54M -112,270 Closed
Calamos Advisors
169
Calamos Advisors
Illinois
– -$2.51M -111,133 Closed
First Trust Advisors
170
First Trust Advisors
Illinois
– -$2.36M -104,191 Closed
Two Sigma Investments
171
Two Sigma Investments
New York
– -$2.31M -102,242 Closed
CAM
172
ClariVest Asset Management
California
– -$1.49M -65,754 Closed
State of New Jersey Common Pension Fund D
173
State of New Jersey Common Pension Fund D
New Jersey
– -$1.36M -60,000 Closed
CM
174
Caption Management
Oklahoma
– -$1.24M -55,000 Closed
PCA
175
Prospect Capital Advisors
California
– -$1.16M -51,150 Closed
4 5 6
7
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CDNA Hedge Fund Activity: Q4 2019 in Review

159 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q4 2019, worth a combined $903M — down 1.9% from $921M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of CDNA and 30 opened new positions — a net loss of 10 holders — while 60 trimmed existing stakes and 50 added.

The largest buyer was Consonance Capital Management, adding an estimated $32M. The largest seller was Lord, Abbett & Co, cutting an estimated $21.4M.

  • 159 institutional investors held CareDx (CDNA) as of Q4 2019, down from 174 in Q3 2019.
  • Funds reported $903M of CareDx stock for Q4 2019, down 1.9% quarter-over-quarter.
  • 30 funds opened new CareDx positions in Q4 2019 and 40 closed out, a net change of -10 holders.
  • The largest CareDx buyer in Q4 2019 was Consonance Capital Management, an estimated $32M added.
  • The largest CareDx seller in Q4 2019 was Lord, Abbett & Co, an estimated $21.4M sold.

Based on aggregated 13F filings for Q4 2019.