CareDx
CDNA
182 hedge funds and large institutions have $1.18B invested in CareDx in 2019 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 53 increasing their positions, 57 reducing their positions, and 18 closing their positions.
252% more call options, than puts
Call options by funds: $8.62M | Put options by funds: $2.45M
189% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 18
29% more capital invested
Capital invested by funds: $914M → $1.18B (+$268M)
23% more funds holding
Funds holding: 148 → 182 (+34)
0.71% more ownership
Funds ownership: 89.14% → 89.86% (+0.71%)
7% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 57
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
+$24.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.4M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$12.7M |
| 5 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
ISZO Capital Management
New York
|
-$28.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.9M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10M |
| 4 |
1WCM
12 West Capital Management
New York
|
-$8.8M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.26M |
CDNA Hedge Fund Activity: Q1 2019 in Review
182 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q1 2019, worth a combined $1.18B — up 29% from $914M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CDNA positions and 18 closed out — a net gain of 34 holders — while 53 added to existing stakes and 57 trimmed.
The largest buyer was OrbiMed, opening a new position worth an estimated $24.1M. The largest seller was ISZO Capital Management, cutting an estimated $28.2M.
- 182 institutional investors held CareDx (CDNA) as of Q1 2019, up from 148 in Q4 2018.
- Funds reported $1.18B of CareDx stock for Q1 2019, up 29% quarter-over-quarter.
- 52 funds opened new CareDx positions in Q1 2019 and 18 closed out, a net change of +34 holders.
- The largest CareDx buyer in Q1 2019 was OrbiMed, an estimated $24.1M added.
- The largest CareDx seller in Q1 2019 was ISZO Capital Management, an estimated $28.2M sold.
Based on aggregated 13F filings for Q1 2019.