Cadence Design Systems
CDNS
318 hedge funds and large institutions have $6.29B invested in Cadence Design Systems in 2016 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 132 increasing their positions, 105 reducing their positions, and 44 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
49% more call options, than puts
Call options by funds: $6.55M | Put options by funds: $4.4M
26% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 105
14% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 44
9% more capital invested
Capital invested by funds: $5.8B → $6.29B (+$495M)
2% more funds holding
Funds holding: 312 → 318 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$79.1M |
| 2 |
Goldman Sachs
New York
|
+$67.3M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$52.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$272M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$134M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$73.6M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$57.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
351
Private Advisor Group
Morristown,
New Jersey
| – | -$203K | -9,776 | Closed |
|
352
Simplex Trading
Chicago,
Illinois
| – | -$142K | -6,793 | Closed |
|
353
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$115K | -5,400 | Closed |
|
|
3C
354
361 Capital
Denver,
Colorado
| – | -$55K | -2,655 | Closed |
|
|
NYLT
355
New York Life Trust
New York
| – | -$52K | -2,497 | Closed |
|
|
CFG
356
CKW Financial Group
Honolulu,
Hawaii
| – | -$17K | -800 | Closed |
|
|
VFA
357
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$16K | -766 | Closed |
|
358
Parallax Volatility Advisers
San Francisco,
California
| – | -$7.25K | -346 | Closed |
|
|
PCM
359
Penserra Capital Management
Orinda,
California
| – | -$7K | -328 | Closed |
|
360
AssetMark Inc
Concord,
California
| – | -$1K | -55 | Closed |
|
|
WA
361
WFG Advisors
Dallas,
Texas
| – | +$21 | +1 | New |
|
|
PCP
362
Proficio Capital Partners
Newton,
Massachusetts
| – | +$335 | +16 | New |
|
CDNS Hedge Fund Activity: Q1 2016 in Review
318 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2016, worth a combined $6.29B — up 8.5% from $5.8B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CDNS positions and 44 closed out — a net gain of 6 holders — while 132 added to existing stakes and 105 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $79.1M. The largest seller was Dodge & Cox, cutting an estimated $272M.
- 318 institutional investors held Cadence Design Systems (CDNS) as of Q1 2016, up from 312 in Q4 2015.
- Funds reported $6.29B of Cadence Design Systems stock for Q1 2016, up 8.5% quarter-over-quarter.
- 50 funds opened new Cadence Design Systems positions in Q1 2016 and 44 closed out, a net change of +6 holders.
- The largest Cadence Design Systems buyer in Q1 2016 was Wellington Management Group, an estimated $79.1M added.
- The largest Cadence Design Systems seller in Q1 2016 was Dodge & Cox, an estimated $272M sold.
Based on aggregated 13F filings for Q1 2016.