Cadence Design Systems
CDNS
269 hedge funds and large institutions have $6.54B invested in Cadence Design Systems in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 112 increasing their positions, 88 reducing their positions, and 38 closing their positions.
174% more call options, than puts
Call options by funds: $47.3M | Put options by funds: $17.2M
27% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 88
3% less funds holding
Funds holding: 276 → 269 (-7)
7% less capital invested
Capital invested by funds: $7.07B → $6.54B (-$529M)
13% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 38
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$95.5M |
| 2 |
UIM
USS Investment Management
London,
United Kingdom
|
+$66.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$63.8M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$34.8M |
| 5 |
JP Morgan Chase
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$57M |
| 2 |
Alkeon Capital Management
New York
|
-$44M |
| 3 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$36.9M |
| 4 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
-$34.8M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$32.4M |
CDNS Hedge Fund Activity: Q3 2013 in Review
269 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2013, worth a combined $6.54B — down 7.5% from $7.07B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CDNS and 33 opened new positions — a net loss of 5 holders — while 88 trimmed existing stakes and 112 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $95.5M. The largest seller was AllianceBernstein, cutting an estimated $57M.
- 269 institutional investors held Cadence Design Systems (CDNS) as of Q3 2013, down from 276 in Q2 2013.
- Funds reported $6.54B of Cadence Design Systems stock for Q3 2013, down 7.5% quarter-over-quarter.
- 33 funds opened new Cadence Design Systems positions in Q3 2013 and 38 closed out, a net change of -5 holders.
- The largest Cadence Design Systems buyer in Q3 2013 was Janus Henderson Investors US, an estimated $95.5M added.
- The largest Cadence Design Systems seller in Q3 2013 was AllianceBernstein, an estimated $57M sold.
Based on aggregated 13F filings for Q3 2013.