CareDx
CDNA
154 hedge funds and large institutions have $830M invested in CareDx in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 49 increasing their positions, 58 reducing their positions, and 25 closing their positions.
150% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $602K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 25
5% more funds holding
Funds holding: 147 → 154 (+7)
3.74% less ownership
Funds ownership: 106.42% → 102.68% (-3.7%)
16% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 58
17% less capital inflows, than outflows
Capital inflows: $77.5M | Capital outflows: $93.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$23.7M |
| 2 |
Fred Alger Management
New York
|
+$11.6M |
| 3 |
BAMCO Inc
New York
|
+$7.82M |
| 4 |
Blue Water Life Science Advisors
Larkspur,
California
|
+$6.16M |
| 5 |
Oberweis Asset Management
Lisle,
Illinois
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$25.2M |
| 2 |
Citigroup
New York
|
-$4.34M |
| 3 |
Morgan Stanley
New York
|
-$3.65M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.56M |
| 5 |
Rafferty Asset Management
New York
|
-$3.33M |
CDNA Hedge Fund Activity: Q2 2024 in Review
154 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q2 2024, worth a combined $830M — up 42% from $583M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CDNA positions and 25 closed out — a net gain of 8 holders — while 49 added to existing stakes and 58 trimmed.
The largest buyer was Millennium Management, adding an estimated $23.7M. The largest seller was State Street, cutting an estimated $25.2M.
- 154 institutional investors held CareDx (CDNA) as of Q2 2024, up from 147 in Q1 2024.
- Funds reported $830M of CareDx stock for Q2 2024, up 42% quarter-over-quarter.
- 33 funds opened new CareDx positions in Q2 2024 and 25 closed out, a net change of +8 holders.
- The largest CareDx buyer in Q2 2024 was Millennium Management, an estimated $23.7M added.
- The largest CareDx seller in Q2 2024 was State Street, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2024.