Cadence Design Systems
CDNS
378 hedge funds and large institutions have $7.6B invested in Cadence Design Systems in 2017 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 129 increasing their positions, 138 reducing their positions, and 28 closing their positions.
129% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 28
58% more call options, than puts
Call options by funds: $9.51M | Put options by funds: $6.02M
28% more capital invested
Capital invested by funds: $5.92B → $7.6B (+$1.67B)
8% more funds holding
Funds holding: 351 → 378 (+27)
4.71% more ownership
Funds ownership: 81.92% → 86.63% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$763M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$75.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$62.8M |
| 4 |
Goldman Sachs
New York
|
+$45.2M |
| 5 |
Millennium Management
New York
|
+$44.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$50.2M |
| 2 |
UIM
USS Investment Management
London,
United Kingdom
|
-$47.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$47.1M |
| 4 |
SI
Standard Investments
New York
|
-$41M |
| 5 |
DCM
Daruma Capital Management
New York
|
-$38.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IWA
401
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$67K | -2,591 | Closed |
|
|
MBT
402
Montecito Bank & Trust
Santa Barbara,
California
| – | -$50K | -1,968 | Closed |
|
|
AIL
403
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$45K | -1,760 | Closed |
|
|
DADC
404
D.A. Davidson & Co
Great Falls,
Montana
| – | -$9K | -380 | Closed |
|
|
ZB
405
Zions Bancorporation
Salt Lake City,
Utah
| – | -$2K | -92 | Closed |
|
406
EARNEST Partners
Atlanta,
Georgia
| – | -$2K | -87 | Closed |
|
CDNS Hedge Fund Activity: Q1 2017 in Review
378 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2017, worth a combined $7.6B — up 28% from $5.92B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CDNS positions and 28 closed out — a net gain of 36 holders — while 129 added to existing stakes and 138 trimmed.
The largest buyer was BlackRock, adding an estimated $763M. The largest seller was Janus Henderson Investors US, cutting an estimated $50.2M.
- 378 institutional investors held Cadence Design Systems (CDNS) as of Q1 2017, up from 351 in Q4 2016.
- Funds reported $7.6B of Cadence Design Systems stock for Q1 2017, up 28% quarter-over-quarter.
- 64 funds opened new Cadence Design Systems positions in Q1 2017 and 28 closed out, a net change of +36 holders.
- The largest Cadence Design Systems buyer in Q1 2017 was BlackRock, an estimated $763M added.
- The largest Cadence Design Systems seller in Q1 2017 was Janus Henderson Investors US, an estimated $50.2M sold.
Based on aggregated 13F filings for Q1 2017.