CareDx
CDNA
197 hedge funds and large institutions have $1.87B invested in CareDx in 2020 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 52 reducing their positions, and 24 closing their positions.
1,411% more call options, than puts
Call options by funds: $15.2M | Put options by funds: $1.01M
67% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 52
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more capital invested
Capital invested by funds: $1.73B → $1.87B (+$136M)
4% more funds holding
Funds holding: 189 → 197 (+8)
0.18% less ownership
Funds ownership: 101.72% → 101.54% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$21.4M |
| 2 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$19.7M |
| 3 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$18.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$14.7M |
| 5 |
BlackRock
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
-$79.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.71M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
-$7.9M |
| 5 |
AI
Atom Investors
Austin,
Texas
|
-$5.69M |
CDNA Hedge Fund Activity: Q3 2020 in Review
197 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2020, worth a combined $1.87B — up 7.9% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CDNA positions and 24 closed out — a net gain of 9 holders — while 87 added to existing stakes and 52 trimmed.
The largest buyer was ClearBridge Investments, opening a new position worth an estimated $21.4M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $79.1M sold.
- 197 institutional investors held CareDx (CDNA) as of Q3 2020, up from 189 in Q2 2020.
- Funds reported $1.87B of CareDx stock for Q3 2020, up 7.9% quarter-over-quarter.
- 33 funds opened new CareDx positions in Q3 2020 and 24 closed out, a net change of +9 holders.
- The largest CareDx buyer in Q3 2020 was ClearBridge Investments, an estimated $21.4M added.
- The largest CareDx seller in Q3 2020 was Consonance Capital Management, an estimated $79.1M sold.
Based on aggregated 13F filings for Q3 2020.