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CareDx
CDNA

159 hedge funds and large institutions have $903M invested in CareDx in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 60 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

231% more call options, than puts

Call options by funds: $5.41M | Put options by funds: $1.63M

2.61% more ownership

Funds ownership: 96.1% → 98.7% (+2.6%)

2% less capital invested

Capital invested by funds: $921M → $903M (-$17.3M)

9% less funds holding

Funds holding: 174 → 159 (-15)

17% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 60

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
159
Holders Change
-15
Holders Change %
-8.62%
% of All Funds
3.13%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
30
Increased
50
Reduced
60
Closed
40
Calls
$5.41M
Puts
$1.63M
Net Calls
+$3.77M
Net Calls Change
-$3.45M

Top Buyers

1
CCM
Consonance Capital Management
New York
+$32M
2
RHJA
Rice Hall James & Associates
California
+$12.3M
3
FAM
Fred Alger Management
New York
+$11.8M
4
BG
Bellevue Group
Switzerland
+$10.4M
5
IECM
Intrinsic Edge Capital Management
Illinois
+$9.51M

Top Sellers

1
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$21.4M
2
Wells Fargo
Wells Fargo
California
-$12.8M
3
Wellington Management Group
Wellington Management Group
Massachusetts
-$8.23M
4
Two Sigma Advisers
Two Sigma Advisers
New York
-$7.53M
5
State Street
State Street
Massachusetts
-$7.22M
Name Holding Trade Value Shares
Change 		Change in
Stake
FAM
1
Fred Alger Management
New York
$112M +$11.8M +514,008 +11%
BlackRock
2
BlackRock
New York
$62.5M -$176K -7,679 -0.3%
WRF
3
Waddell & Reed Financial
Kansas
$59.9M +$8.63M +376,369 +16%
State Street
4
State Street
Massachusetts
$55.3M -$7.22M -314,506 -11%
Vanguard Group
5
Vanguard Group
Pennsylvania
$48.5M -$1.62M -70,599 -3%
CCM
6
Consonance Capital Management
New York
$45.8M +$32M +1,395,848 +192%
CS
7
Credit Suisse
Switzerland
$29.7M +$1.73M +75,426 +6%
CC
8
Casdin Capital
New York
$25.9M +$4.59M +200,000 +20%
BG
9
Bellevue Group
Switzerland
$25.4M +$10.4M +454,075 +63%
GS
10
Gagnon Securities
New York
$21.3M +$678K +29,554 +3%
N
11
Nuveen
North Carolina
$19.7M -$1.79M -77,823 -8%
Lord, Abbett & Co
12
Lord, Abbett & Co
New Jersey
$17.3M -$21.4M -934,905 -54%
Invesco
13
Invesco
Georgia
$16.3M -$288K -12,574 -2%
NCGI
14
Next Century Growth Investors
Minnesota
$15.3M +$1.85M +80,561 +13%
ACH
15
ArrowMark Colorado Holdings
Colorado
$15.2M +$2.45M +106,796 +18%
PCM
16
Peregrine Capital Management
Minnesota
$13.7M +$848K +36,943 +6%
NAMA
17
Nikko Asset Management Americas
New York
$13.1M +$7.82M +340,797 +127%
Sumitomo Mitsui Trust Group
18
Sumitomo Mitsui Trust Group
Japan
$13.1M +$8.6M +374,897 +160%
IECM
19
Intrinsic Edge Capital Management
Illinois
$12.3M +$9.51M +414,618 +265%
AIM
20
ARK Investment Management
Florida
$12.2M +$5.69M +248,138 +78%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$11.9M -$248K -10,798 -2%
RA
22
Royce & Associates
New York
$11.7M +$4.98M +217,138 +66%
RHJA
23
Rice Hall James & Associates
California
$11.6M +$12.3M +536,943 New
Northern Trust
24
Northern Trust
Illinois
$10.8M -$1.08M -47,078 -9%
Goldman Sachs
25
Goldman Sachs
New York
$10.7M -$5.6M -243,902 -33%
1
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CDNA Hedge Fund Activity: Q4 2019 in Review

159 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q4 2019, worth a combined $903M — down 1.9% from $921M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of CDNA and 30 opened new positions — a net loss of 10 holders — while 60 trimmed existing stakes and 50 added.

The largest buyer was Consonance Capital Management, adding an estimated $32M. The largest seller was Lord, Abbett & Co, cutting an estimated $21.4M.

  • 159 institutional investors held CareDx (CDNA) as of Q4 2019, down from 174 in Q3 2019.
  • Funds reported $903M of CareDx stock for Q4 2019, down 1.9% quarter-over-quarter.
  • 30 funds opened new CareDx positions in Q4 2019 and 40 closed out, a net change of -10 holders.
  • The largest CareDx buyer in Q4 2019 was Consonance Capital Management, an estimated $32M added.
  • The largest CareDx seller in Q4 2019 was Lord, Abbett & Co, an estimated $21.4M sold.

Based on aggregated 13F filings for Q4 2019.