CareDx
CDNA
224 hedge funds and large institutions have $2.45B invested in CareDx in 2021 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 85 increasing their positions, 81 reducing their positions, and 68 closing their positions.
283% more call options, than puts
Call options by funds: $19M | Put options by funds: $4.97M
5% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 81
1.32% less ownership
Funds ownership: 103.67% → 102.35% (-1.3%)
14% less funds holding
Funds holding: 260 → 224 (-36)
29% less capital invested
Capital invested by funds: $3.45B → $2.45B (-$1B)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
50% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
+$74.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$46.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$26.6M |
| 4 |
Millennium Management
New York
|
+$22.5M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$110M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$68M |
| 3 |
D.E. Shaw & Co
New York
|
-$18.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$18M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$17.4M |
CDNA Hedge Fund Activity: Q4 2021 in Review
224 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q4 2021, worth a combined $2.45B — down 29% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of CDNA and 34 opened new positions — a net loss of 34 holders — while 81 trimmed existing stakes and 85 added.
The largest buyer was Bellevue Group, adding an estimated $74.9M. The largest seller was Matrix Capital Management Company, exiting entirely with an estimated $110M sold.
- 224 institutional investors held CareDx (CDNA) as of Q4 2021, down from 260 in Q3 2021.
- Funds reported $2.45B of CareDx stock for Q4 2021, down 29% quarter-over-quarter.
- 34 funds opened new CareDx positions in Q4 2021 and 68 closed out, a net change of -34 holders.
- The largest CareDx buyer in Q4 2021 was Bellevue Group, an estimated $74.9M added.
- The largest CareDx seller in Q4 2021 was Matrix Capital Management Company, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2021.