Cadence Design Systems
CDNS
416 hedge funds and large institutions have $10.8B invested in Cadence Design Systems in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 128 increasing their positions, 187 reducing their positions, and 60 closing their positions.
20% more capital invested
Capital invested by funds: $8.94B → $10.8B (+$1.81B)
19% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $11.3M
2.06% more ownership
Funds ownership: 86.23% → 88.29% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 436 → 416 (-20)
27% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 60
32% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 187
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$437M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$165M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$137M |
| 4 |
D.E. Shaw & Co
New York
|
+$95.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$153M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$98M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$80.3M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$76.5M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$73M |
CDNS Hedge Fund Activity: Q2 2018 in Review
416 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q2 2018, worth a combined $10.8B — up 20% from $8.94B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of CDNS and 44 opened new positions — a net loss of 16 holders — while 187 trimmed existing stakes and 128 added.
The largest buyer was Parnassus Investments, opening a new position worth an estimated $437M. The largest seller was APG Asset Management, cutting an estimated $153M.
- 416 institutional investors held Cadence Design Systems (CDNS) as of Q2 2018, down from 436 in Q1 2018.
- Funds reported $10.8B of Cadence Design Systems stock for Q2 2018, up 20% quarter-over-quarter.
- 44 funds opened new Cadence Design Systems positions in Q2 2018 and 60 closed out, a net change of -16 holders.
- The largest Cadence Design Systems buyer in Q2 2018 was Parnassus Investments, an estimated $437M added.
- The largest Cadence Design Systems seller in Q2 2018 was APG Asset Management, an estimated $153M sold.
Based on aggregated 13F filings for Q2 2018.