CareDx
CDNA
25 hedge funds and large institutions have $28.6M invested in CareDx in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 2 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
3% more capital invested
Capital invested by funds: $27.8M → $28.6M (+$873K)
7% less funds holding
Funds holding: 27 → 25 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$5.65M |
| 2 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$1.38M |
| 3 |
RA
Royce & Associates
New York
|
+$518K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$238K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
Gagnon Securities
New York
|
-$687K |
| 2 |
ACP
Acuta Capital Partners
Redwood City,
California
|
-$279K |
| 3 |
DM
Deerfield Management
New York
|
-$221K |
| 4 |
Goldman Sachs
New York
|
-$27.4K |
| 5 |
Morgan Stanley
New York
|
-$23.7K |
CDNA Hedge Fund Activity: Q3 2016 in Review
25 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2016, worth a combined $28.6M — up 3.1% from $27.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CDNA and 0 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Highland Capital Management (Texas), adding an estimated $5.65M. The largest seller was Gagnon Securities, cutting an estimated $687K.
- 25 institutional investors held CareDx (CDNA) as of Q3 2016, down from 27 in Q2 2016.
- Funds reported $28.6M of CareDx stock for Q3 2016, up 3.1% quarter-over-quarter.
- 0 funds opened new CareDx positions in Q3 2016 and 2 closed out, a net change of -2 holders.
- The largest CareDx buyer in Q3 2016 was Highland Capital Management (Texas), an estimated $5.65M added.
- The largest CareDx seller in Q3 2016 was Gagnon Securities, an estimated $687K sold.
Based on aggregated 13F filings for Q3 2016.