CareDx
CDNA
148 hedge funds and large institutions have $914M invested in CareDx in 2018 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 58 increasing their positions, 41 reducing their positions, and 21 closing their positions.
158% more call options, than puts
Call options by funds: $3.05M | Put options by funds: $1.18M
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
41% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 41
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% more funds holding
Funds holding: 139 → 148 (+9)
6.17% more ownership
Funds ownership: 82.97% → 89.14% (+6.2%)
5% more capital invested
Capital invested by funds: $870M → $914M (+$43.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$26.3M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$26M |
| 3 |
FAM
Fred Alger Management
New York
|
+$19.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$16M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13.6M |
| 2 |
GA
Gagnon Advisors
New York
|
-$12.1M |
| 3 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$8.11M |
| 4 |
BC
Beaconlight Capital
New York
|
-$7.45M |
| 5 |
GS
Gagnon Securities
New York
|
-$6.25M |
CDNA Hedge Fund Activity: Q4 2018 in Review
148 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q4 2018, worth a combined $914M — up 5% from $870M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CDNA positions and 21 closed out — a net gain of 11 holders — while 58 added to existing stakes and 41 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $26.3M. The largest seller was Invesco, cutting an estimated $13.6M.
- 148 institutional investors held CareDx (CDNA) as of Q4 2018, up from 139 in Q3 2018.
- Funds reported $914M of CareDx stock for Q4 2018, up 5% quarter-over-quarter.
- 32 funds opened new CareDx positions in Q4 2018 and 21 closed out, a net change of +11 holders.
- The largest CareDx buyer in Q4 2018 was Lord, Abbett & Co, an estimated $26.3M added.
- The largest CareDx seller in Q4 2018 was Invesco, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2018.