CareDx
CDNA
245 hedge funds and large institutions have $3.59B invested in CareDx in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 75 increasing their positions, 94 reducing their positions, and 31 closing their positions.
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
6% more funds holding
Funds holding: 232 → 245 (+13)
0.88% less ownership
Funds ownership: 102.81% → 101.93% (-0.88%)
2% less capital invested
Capital invested by funds: $3.67B → $3.59B (-$73.3M)
20% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 94
32% less call options, than puts
Call options by funds: $25.5M | Put options by funds: $37.6M
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$117M |
| 2 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$112M |
| 3 |
ClearBridge Investments
New York
|
+$33.4M |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$30.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$96.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$47.8M |
| 3 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$44.6M |
| 4 |
GS
Gagnon Securities
New York
|
-$19.1M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$16.7M |
CDNA Hedge Fund Activity: Q1 2021 in Review
245 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q1 2021, worth a combined $3.59B — down 2% from $3.67B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CDNA positions and 31 closed out — a net gain of 16 holders — while 75 added to existing stakes and 94 trimmed.
The largest buyer was Vanguard Group, adding an estimated $117M. The largest seller was Fred Alger Management, cutting an estimated $96.9M.
- 245 institutional investors held CareDx (CDNA) as of Q1 2021, up from 232 in Q4 2020.
- Funds reported $3.59B of CareDx stock for Q1 2021, down 2% quarter-over-quarter.
- 47 funds opened new CareDx positions in Q1 2021 and 31 closed out, a net change of +16 holders.
- The largest CareDx buyer in Q1 2021 was Vanguard Group, an estimated $117M added.
- The largest CareDx seller in Q1 2021 was Fred Alger Management, an estimated $96.9M sold.
Based on aggregated 13F filings for Q1 2021.