CareDx
CDNA
104 hedge funds and large institutions have $324M invested in CareDx in 2018 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 15 closing their positions.
207% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 15
119% more capital invested
Capital invested by funds: $148M → $324M (+$177M)
42% more funds holding
Funds holding: 73 → 104 (+31)
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11.34% more ownership
Funds ownership: 63.78% → 75.13% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.3M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$15.3M |
| 3 |
FAM
Fred Alger Management
New York
|
+$14.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14.1M |
| 5 |
1WCM
12 West Capital Management
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.38M |
| 2 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$7.18M |
| 3 |
PA
Perceptive Advisors
New York
|
-$6.57M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$4.25M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.97M |
CDNA Hedge Fund Activity: Q2 2018 in Review
104 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q2 2018, worth a combined $324M — up 119% from $148M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CDNA positions and 15 closed out — a net gain of 31 holders — while 31 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $25.3M. The largest seller was Polar Asset Management Partners, cutting an estimated $7.38M.
- 104 institutional investors held CareDx (CDNA) as of Q2 2018, up from 73 in Q1 2018.
- Funds reported $324M of CareDx stock for Q2 2018, up 119% quarter-over-quarter.
- 46 funds opened new CareDx positions in Q2 2018 and 15 closed out, a net change of +31 holders.
- The largest CareDx buyer in Q2 2018 was BlackRock, an estimated $25.3M added.
- The largest CareDx seller in Q2 2018 was Polar Asset Management Partners, an estimated $7.38M sold.
Based on aggregated 13F filings for Q2 2018.