Cadence Design Systems
CDNS
274 hedge funds and large institutions have $5.9B invested in Cadence Design Systems in 2015 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 102 increasing their positions, 97 reducing their positions, and 39 closing their positions.
3,886% more call options, than puts
Call options by funds: $8.93M | Put options by funds: $224K
8% more capital invested
Capital invested by funds: $5.47B → $5.9B (+$436M)
5% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 97
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less funds holding
Funds holding: 281 → 274 (-7)
13% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$254M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$175M |
| 3 |
SI
Standard Investments
New York
|
+$137M |
| 4 |
Alkeon Capital Management
New York
|
+$62.1M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
+$42.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$151M |
| 2 |
SIG
Senator Investment Group
New York
|
-$90.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$76.8M |
| 4 |
VM
Valinor Management
New York
|
-$63.5M |
| 5 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
-$41.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBH
301
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$191K | -10,377 | Closed |
|
|
SEC
302
Seven Eight Capital
New York
| – | -$56K | -3,010 | Closed |
|
303
Creative Planning
Overland Park,
Kansas
| – | -$50K | -2,725 | Closed |
|
|
PCM
304
Prelude Capital Management
New York
| – | -$35K | -1,900 | Closed |
|
|
SSG
305
Summit Securities Group
New York
| – | -$4K | -200 | Closed |
|
|
TI
306
Turner Investments
Berwyn,
Pennsylvania
| – | -$4K | -200 | Closed |
|
307
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$2K | -100 | Closed |
|
|
ZB
308
Zions Bancorporation
Salt Lake City,
Utah
| – | -$2K | -92 | Closed |
|
309
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$78 | +4 | New |
|
|
MFS
310
MSI Financial Services
Springfield,
Massachusetts
| – | +$233 | +12 | New |
|
CDNS Hedge Fund Activity: Q2 2015 in Review
274 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q2 2015, worth a combined $5.9B — up 8% from $5.47B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CDNS and 34 opened new positions — a net loss of 5 holders — while 97 trimmed existing stakes and 102 added.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $254M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $151M sold.
- 274 institutional investors held Cadence Design Systems (CDNS) as of Q2 2015, down from 281 in Q1 2015.
- Funds reported $5.9B of Cadence Design Systems stock for Q2 2015, up 8% quarter-over-quarter.
- 34 funds opened new Cadence Design Systems positions in Q2 2015 and 39 closed out, a net change of -5 holders.
- The largest Cadence Design Systems buyer in Q2 2015 was Massachusetts Financial Services, an estimated $254M added.
- The largest Cadence Design Systems seller in Q2 2015 was Soroban Capital Partners, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2015.