Cadence Design Systems
CDNS
354 hedge funds and large institutions have $6.21B invested in Cadence Design Systems in 2016 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 140 increasing their positions, 118 reducing their positions, and 29 closing their positions.
565% more call options, than puts
Call options by funds: $17.7M | Put options by funds: $2.66M
138% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 29
19% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 118
11% more funds holding
Funds holding: 318 → 354 (+36)
1% less capital invested
Capital invested by funds: $6.29B → $6.21B (-$89.2M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$45M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$43M |
| 3 |
State Street
Boston,
Massachusetts
|
+$35.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.6M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$91.5M |
| 2 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
-$80.2M |
| 3 |
Goldman Sachs
New York
|
-$75.2M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$63M |
| 5 |
GCM
Glenview Capital Management
New York
|
-$53.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
376
QCM Cayman
Houston,
Texas
| – | -$208K | -8,838 | Closed |
|
|
SEC
377
Seven Eight Capital
New York
| – | -$149K | -6,310 | Closed |
|
|
CLOS
378
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$142K | -6,009 | Closed |
|
|
CG
379
Cutler Group
San Francisco,
California
| – | -$119K | -4,987 | Closed |
|
|
TDC
380
Thompson Davis & Co
Richmond,
Virginia
| – | -$53K | -2,250 | Closed |
|
|
WAM
381
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$4K | -160 | Closed |
|
382
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -35 | Closed |
|
CDNS Hedge Fund Activity: Q2 2016 in Review
354 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q2 2016, worth a combined $6.21B — down 1.4% from $6.29B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new CDNS positions and 29 closed out — a net gain of 40 holders — while 140 added to existing stakes and 118 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $45M. The largest seller was D.E. Shaw & Co, cutting an estimated $91.5M.
- 354 institutional investors held Cadence Design Systems (CDNS) as of Q2 2016, up from 318 in Q1 2016.
- Funds reported $6.21B of Cadence Design Systems stock for Q2 2016, down 1.4% quarter-over-quarter.
- 69 funds opened new Cadence Design Systems positions in Q2 2016 and 29 closed out, a net change of +40 holders.
- The largest Cadence Design Systems buyer in Q2 2016 was Wellington Management Group, an estimated $45M added.
- The largest Cadence Design Systems seller in Q2 2016 was D.E. Shaw & Co, an estimated $91.5M sold.
Based on aggregated 13F filings for Q2 2016.