CareDx
CDNA
182 hedge funds and large institutions have $966M invested in CareDx in 2022 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 74 increasing their positions, 56 reducing their positions, and 24 closing their positions.
73% more call options, than puts
Call options by funds: $689K | Put options by funds: $398K
32% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 56
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
1% less funds holding
Funds holding: 184 → 182 (-2)
2.07% less ownership
Funds ownership: 108.32% → 106.25% (-2.1%)
22% less capital invested
Capital invested by funds: $1.24B → $966M (-$272M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$38.5M |
| 2 |
BAMCO Inc
New York
|
+$12.5M |
| 3 |
D.E. Shaw & Co
New York
|
+$8.36M |
| 4 |
NAMA
Nikko Asset Management Americas
New York
|
+$6.74M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$6.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$41.1M |
| 2 |
FAM
Fred Alger Management
New York
|
-$19.5M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$19M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$12.6M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$7.92M |
CDNA Hedge Fund Activity: Q3 2022 in Review
182 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2022, worth a combined $966M — down 22% from $1.24B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CDNA and 22 opened new positions — a net loss of 2 holders — while 56 trimmed existing stakes and 74 added.
The largest buyer was ARK Investment Management, adding an estimated $38.5M. The largest seller was Invesco, cutting an estimated $41.1M.
- 182 institutional investors held CareDx (CDNA) as of Q3 2022, down from 184 in Q2 2022.
- Funds reported $966M of CareDx stock for Q3 2022, down 22% quarter-over-quarter.
- 22 funds opened new CareDx positions in Q3 2022 and 24 closed out, a net change of -2 holders.
- The largest CareDx buyer in Q3 2022 was ARK Investment Management, an estimated $38.5M added.
- The largest CareDx seller in Q3 2022 was Invesco, an estimated $41.1M sold.
Based on aggregated 13F filings for Q3 2022.