CareDx
CDNA
215 hedge funds and large institutions have $1.61B invested in CareDx in 2024 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 65 increasing their positions, 57 reducing their positions, and 9 closing their positions.
689% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 9
204% more call options, than puts
Call options by funds: $4.18M | Put options by funds: $1.38M
94% more capital invested
Capital invested by funds: $830M → $1.61B (+$780M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
40% more funds holding
Funds holding: 154 → 215 (+61)
14% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 57
4.77% less ownership
Funds ownership: 102.68% → 97.91% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$34.2M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$18M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.8M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$10.3M |
| 5 |
FAM
Fred Alger Management
New York
|
+$8.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$67.5M |
| 2 |
Millennium Management
New York
|
-$42.1M |
| 3 |
NAMA
Nikko Asset Management Americas
New York
|
-$23M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$22.9M |
| 5 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
-$19.1M |
CDNA Hedge Fund Activity: Q3 2024 in Review
215 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in CareDx (CDNA) for Q3 2024, worth a combined $1.61B — up 94% from $830M a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new CDNA positions and 9 closed out — a net gain of 62 holders — while 65 added to existing stakes and 57 trimmed.
The largest buyer was Invesco, adding an estimated $34.2M. The largest seller was ARK Investment Management, cutting an estimated $67.5M.
- 215 institutional investors held CareDx (CDNA) as of Q3 2024, up from 154 in Q2 2024.
- Funds reported $1.61B of CareDx stock for Q3 2024, up 94% quarter-over-quarter.
- 71 funds opened new CareDx positions in Q3 2024 and 9 closed out, a net change of +62 holders.
- The largest CareDx buyer in Q3 2024 was Invesco, an estimated $34.2M added.
- The largest CareDx seller in Q3 2024 was ARK Investment Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q3 2024.