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Cadence Design Systems

436 hedge funds and large institutions have $8.94B invested in Cadence Design Systems in 2018 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 166 increasing their positions, 158 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more call options, than puts

Call options by funds: $13.9M | Put options by funds: $11.9M

5% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 158

0.69% less ownership

Funds ownership: 86.92%86.23% (-0.69%)

4% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 53

3% less funds holding

Funds holding: 448436 (-12)

13% less capital invested

Capital invested by funds: $10.2B → $8.94B (-$1.28B)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
436
Holders Change
-12
Holders Change %
-2.68%
% of All Funds
9.99%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
51
Increased
166
Reduced
158
Closed
53
Calls
$13.9M
Puts
$11.9M
Net Calls
+$2.01M
Net Calls Change
+$3.54M
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
26
Allianz Asset Management
Germany
$70.8M +$6.07M +148,830 +8%
Citadel Advisors
27
Citadel Advisors
Florida
$65.3M +$59.3M +1,453,271 +449%
Legal & General Group
28
Legal & General Group
United Kingdom
$63.6M +$46.9M +1,148,997 +198%
PAM
29
Panagora Asset Management
Massachusetts
$63.3M -$57.9M -1,421,041 -45%
OSAM
30
O'Shaughnessy Asset Management
Connecticut
$63.2M +$8.5M +208,462 +14%
Norges Bank
31
Norges Bank
Norway
$61.7M -$63.2M -1,550,315 -48%
Canada Pension Plan Investment Board
32
Canada Pension Plan Investment Board
Ontario, Canada
$58.4M -$20.2M -494,217 -24%
Charles Schwab
33
Charles Schwab
California
$57.4M +$3.55M +86,990 +6%
Acadian Asset Management
34
Acadian Asset Management
Massachusetts
$56.5M -$17.4M -427,776 -22%
Schroder Investment Management Group
35
Schroder Investment Management Group
United Kingdom
$56.3M -$5.08M -124,636 -8%
Los Angeles Capital Management
36
Los Angeles Capital Management
California
$55.7M +$57.2M +1,402,350 +1,241%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$53.3M -$20.9M -512,134 -26%
Renaissance Technologies
38
Renaissance Technologies
New York
$52.1M +$26.1M +640,200 +83%
TCIM
39
TIAA CREF Investment Management
New York
$48.5M +$6.8M +166,719 +14%
SMDAM
40
Sumitomo Mitsui DS Asset Management
Japan
$47.5M +$6.67M +163,500 +14%
Wells Fargo
41
Wells Fargo
California
$43.6M +$10.5M +258,261 +28%
UBS AM
42
UBS AM
Illinois
$42.8M +$2.87M +70,486 +6%
Dimensional Fund Advisors
43
Dimensional Fund Advisors
Texas
$41.8M +$564K +13,834 +1%
Morgan Stanley
44
Morgan Stanley
New York
$39.5M -$26.4M -646,481 -38%
EVM
45
Eaton Vance Management
Massachusetts
$38.1M +$21.2M +518,734 +100%
Wellington Management Group
46
Wellington Management Group
Massachusetts
$37.5M -$153M -3,748,789 -79%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$36.7M +$3.2M +78,409 +9%
AllianceBernstein
48
AllianceBernstein
Tennessee
$36M +$20.4M +500,785 +105%
SGAM
49
Smith Group Asset Management
Texas
$35.6M -$175K -4,286 -0.4%
PCM
50
Peregrine Capital Management
Minnesota
$34.3M -$1.84M -45,026 -5%

CDNS Hedge Fund Activity: Q1 2018 in Review

436 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2018, worth a combined $8.94B — down 13% from $10.2B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of CDNS and 51 opened new positions — a net loss of 2 holders — while 158 trimmed existing stakes and 166 added.

The largest buyer was Criterion Capital Management, opening a new position worth an estimated $80.9M. The largest seller was Wellington Management Group, cutting an estimated $153M.

  • 436 institutional investors held Cadence Design Systems (CDNS) as of Q1 2018, down from 448 in Q4 2017.
  • Funds reported $8.94B of Cadence Design Systems stock for Q1 2018, down 13% quarter-over-quarter.
  • 51 funds opened new Cadence Design Systems positions in Q1 2018 and 53 closed out, a net change of -2 holders.
  • The largest Cadence Design Systems buyer in Q1 2018 was Criterion Capital Management, an estimated $80.9M added.
  • The largest Cadence Design Systems seller in Q1 2018 was Wellington Management Group, an estimated $153M sold.

Based on aggregated 13F filings for Q1 2018.