CareDx
CDNA
182 hedge funds and large institutions have $1.41B invested in CareDx in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 75 increasing their positions, 53 reducing their positions, and 32 closing their positions.
250% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $3.01M
42% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 53
19% more capital invested
Capital invested by funds: $1.18B → $1.41B (+$227M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
3.17% more ownership
Funds ownership: 89.78% → 92.95% (+3.2%)
0% more funds holding
Funds holding: 182 → 182 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$55M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.2M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$16.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$39.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12M |
| 3 |
ICM
ISZO Capital Management
New York
|
-$10.3M |
| 4 |
Two Sigma Investments
New York
|
-$8.15M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.68M |
CDNA Hedge Fund Activity: Q2 2019 in Review
182 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q2 2019, worth a combined $1.41B — up 19% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CDNA positions and 32 closed out — a net gain of 4 holders — while 75 added to existing stakes and 53 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $55M. The largest seller was Fred Alger Management, cutting an estimated $39.1M.
- 182 institutional investors held CareDx (CDNA) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $1.41B of CareDx stock for Q2 2019, up 19% quarter-over-quarter.
- 36 funds opened new CareDx positions in Q2 2019 and 32 closed out, a net change of +4 holders.
- The largest CareDx buyer in Q2 2019 was Fidelity Investments, an estimated $55M added.
- The largest CareDx seller in Q2 2019 was Fred Alger Management, an estimated $39.1M sold.
Based on aggregated 13F filings for Q2 2019.