Cadence Design Systems
CDNS
271 hedge funds and large institutions have $5.83B invested in Cadence Design Systems in 2014 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 94 increasing their positions, 100 reducing their positions, and 37 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
12% more capital invested
Capital invested by funds: $5.21B → $5.83B (+$628M)
3% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 37
1% less funds holding
Funds holding: 273 → 271 (-2)
6% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 100
62% less call options, than puts
Call options by funds: $38.6M | Put options by funds: $102M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$59.5M |
| 2 |
GCM
Glenview Capital Management
New York
|
+$58.3M |
| 3 |
Alkeon Capital Management
New York
|
+$38.6M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$37.8M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$76.4M |
| 2 |
VM
Valinor Management
New York
|
-$47.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$26.2M |
| 4 |
SFM
Soros Fund Management
New York
|
-$25.9M |
| 5 |
TCM
Tekne Capital Management
New York
|
-$21.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPWT
301
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$192K | -11,150 | Closed |
|
|
HIMCH
302
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
| – | -$179K | -10,423 | Closed |
|
|
JG
303
Jefferies Group
New York
| – | -$141K | -8,186 | Closed |
|
304
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$54K | -3,143 | Closed |
|
|
OCM
305
One Capital Management
Westlake Village,
California
| – | -$3K | -200 | Closed |
|
|
PTC
306
Private Trust Company
Cleveland,
Ohio
| – | -$2K | -98 | Closed |
|
|
W
307
Wealthfront
Palo Alto,
California
| – | +$72 | +4 | New |
|
|
ASN
308
Advisory Services Network
Atlanta,
Georgia
| – | +$431 | +24 | New |
|
CDNS Hedge Fund Activity: Q4 2014 in Review
271 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2014, worth a combined $5.83B — up 12% from $5.21B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CDNS positions and 37 closed out — a net gain of 1 holder — while 94 added to existing stakes and 100 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $59.5M. The largest seller was Eminence Capital, exiting entirely with an estimated $76.4M sold.
- 271 institutional investors held Cadence Design Systems (CDNS) as of Q4 2014, down from 273 in Q3 2014.
- Funds reported $5.83B of Cadence Design Systems stock for Q4 2014, up 12% quarter-over-quarter.
- 38 funds opened new Cadence Design Systems positions in Q4 2014 and 37 closed out, a net change of +1 holder.
- The largest Cadence Design Systems buyer in Q4 2014 was AllianceBernstein, an estimated $59.5M added.
- The largest Cadence Design Systems seller in Q4 2014 was Eminence Capital, an estimated $76.4M sold.
Based on aggregated 13F filings for Q4 2014.