Cadence Design Systems
CDNS
351 hedge funds and large institutions have $5.92B invested in Cadence Design Systems in 2016 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 99 increasing their positions, 147 reducing their positions, and 35 closing their positions.
513% more call options, than puts
Call options by funds: $14.3M | Put options by funds: $2.33M
81.92% more ownership
Funds ownership: 0% → 81.92% (+82%)
60% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 35
4% more funds holding
Funds holding: 336 → 351 (+15)
5% less capital invested
Capital invested by funds: $6.26B → $5.92B (-$336M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
33% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$16.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$13.4M |
| 3 |
D.E. Shaw & Co
New York
|
+$13.3M |
| 4 |
Millennium Management
New York
|
+$12.7M |
| 5 |
Morgan Stanley
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
-$90.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$32.4M |
| 3 |
Neuberger Berman Group
New York
|
-$30.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$28.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.9M |
CDNS Hedge Fund Activity: Q4 2016 in Review
351 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2016, worth a combined $5.92B — down 5.4% from $6.26B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new CDNS positions and 35 closed out — a net gain of 21 holders — while 99 added to existing stakes and 147 trimmed.
The largest buyer was Pictet Asset Management (UK), adding an estimated $16.7M. The largest seller was Alliance Trust, exiting entirely with an estimated $90.1M sold.
- 351 institutional investors held Cadence Design Systems (CDNS) as of Q4 2016, up from 336 in Q3 2016.
- Funds reported $5.92B of Cadence Design Systems stock for Q4 2016, down 5.4% quarter-over-quarter.
- 56 funds opened new Cadence Design Systems positions in Q4 2016 and 35 closed out, a net change of +21 holders.
- The largest Cadence Design Systems buyer in Q4 2016 was Pictet Asset Management (UK), an estimated $16.7M added.
- The largest Cadence Design Systems seller in Q4 2016 was Alliance Trust, an estimated $90.1M sold.
Based on aggregated 13F filings for Q4 2016.