Cadence Design Systems
CDNS
273 hedge funds and large institutions have $5.21B invested in Cadence Design Systems in 2014 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 95 increasing their positions, 106 reducing their positions, and 22 closing their positions.
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
3% more funds holding
Funds holding: 266 → 273 (+7)
2% less capital invested
Capital invested by funds: $5.29B → $5.21B (-$86M)
10% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 106
37% less call options, than puts
Call options by funds: $74.7M | Put options by funds: $118M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
+$67.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$60.4M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$43.1M |
| 4 |
Morgan Stanley
New York
|
+$34M |
| 5 |
IIM
Ivory Investment Management
New York
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$67M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$38M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$37.2M |
| 4 |
Two Sigma Investments
New York
|
-$22.1M |
| 5 |
Dodge & Cox
San Francisco,
California
|
-$18.5M |
CDNS Hedge Fund Activity: Q3 2014 in Review
273 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2014, worth a combined $5.21B — down 1.6% from $5.29B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CDNS positions and 22 closed out — a net gain of 11 holders — while 95 added to existing stakes and 106 trimmed.
The largest buyer was Valinor Management, adding an estimated $67.1M. The largest seller was Eminence Capital, cutting an estimated $67M.
- 273 institutional investors held Cadence Design Systems (CDNS) as of Q3 2014, up from 266 in Q2 2014.
- Funds reported $5.21B of Cadence Design Systems stock for Q3 2014, down 1.6% quarter-over-quarter.
- 33 funds opened new Cadence Design Systems positions in Q3 2014 and 22 closed out, a net change of +11 holders.
- The largest Cadence Design Systems buyer in Q3 2014 was Valinor Management, an estimated $67.1M added.
- The largest Cadence Design Systems seller in Q3 2014 was Eminence Capital, an estimated $67M sold.
Based on aggregated 13F filings for Q3 2014.