Cadence Design Systems
CDNS
522 hedge funds and large institutions have $15.7B invested in Cadence Design Systems in 2019 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 187 increasing their positions, 185 reducing their positions, and 41 closing their positions.
345% more call options, than puts
Call options by funds: $58.1M | Put options by funds: $13.1M
150% more funds holding in top 10
Funds holding in top 10: 4 → 10 (+6)
120% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 41
50% more capital invested
Capital invested by funds: $10.4B → $15.7B (+$5.26B)
9% more funds holding
Funds holding: 477 → 522 (+45)
1% more repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 185
0.67% more ownership
Funds ownership: 87.33% → 88% (+0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$106M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$67.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$58.5M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$46M |
| 5 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$32.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$81.7M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$39.6M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$36.1M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$35.6M |
| 5 |
Renaissance Technologies
New York
|
-$34.3M |
CDNS Hedge Fund Activity: Q1 2019 in Review
522 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2019, worth a combined $15.7B — up 50% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CDNS positions and 41 closed out — a net gain of 49 holders — while 187 added to existing stakes and 185 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $106M. The largest seller was Millennium Management, cutting an estimated $81.7M.
- 522 institutional investors held Cadence Design Systems (CDNS) as of Q1 2019, up from 477 in Q4 2018.
- Funds reported $15.7B of Cadence Design Systems stock for Q1 2019, up 50% quarter-over-quarter.
- 90 funds opened new Cadence Design Systems positions in Q1 2019 and 41 closed out, a net change of +49 holders.
- The largest Cadence Design Systems buyer in Q1 2019 was Arrowstreet Capital, an estimated $106M added.
- The largest Cadence Design Systems seller in Q1 2019 was Millennium Management, an estimated $81.7M sold.
Based on aggregated 13F filings for Q1 2019.