CareDx
CDNA
139 hedge funds and large institutions have $870M invested in CareDx in 2018 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 8 closing their positions.
438% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 8
168% more capital invested
Capital invested by funds: $324M → $870M (+$546M)
34% more funds holding
Funds holding: 104 → 139 (+35)
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7.85% more ownership
Funds ownership: 75.13% → 82.97% (+7.8%)
36% less call options, than puts
Call options by funds: $2.81M | Put options by funds: $4.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$16.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$13.6M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$11.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.76M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.3M |
| 2 |
1WCM
12 West Capital Management
New York
|
-$12M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$8.27M |
| 4 |
RI
RTW Investments
New York
|
-$7.61M |
| 5 |
GS
Gagnon Securities
New York
|
-$7.33M |
CDNA Hedge Fund Activity: Q3 2018 in Review
139 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2018, worth a combined $870M — up 168% from $324M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CDNA positions and 8 closed out — a net gain of 35 holders — while 47 added to existing stakes and 37 trimmed.
The largest buyer was Invesco, adding an estimated $16.8M. The largest seller was Wellington Management Group, cutting an estimated $13.3M.
- 139 institutional investors held CareDx (CDNA) as of Q3 2018, up from 104 in Q2 2018.
- Funds reported $870M of CareDx stock for Q3 2018, up 168% quarter-over-quarter.
- 43 funds opened new CareDx positions in Q3 2018 and 8 closed out, a net change of +35 holders.
- The largest CareDx buyer in Q3 2018 was Invesco, an estimated $16.8M added.
- The largest CareDx seller in Q3 2018 was Wellington Management Group, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2018.