Cadence Design Systems
CDNS
477 hedge funds and large institutions have $10.4B invested in Cadence Design Systems in 2018 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 148 increasing their positions, 184 reducing their positions, and 47 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
88% more call options, than puts
Call options by funds: $33.1M | Put options by funds: $17.6M
72% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 47
7% more funds holding
Funds holding: 446 → 477 (+31)
0.53% less ownership
Funds ownership: 87.85% → 87.33% (-0.53%)
7% less capital invested
Capital invested by funds: $11.3B → $10.4B (-$807M)
20% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 184
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$73.7M |
| 2 |
Millennium Management
New York
|
+$51.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.8M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$41.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$117M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$57.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$53.1M |
| 4 |
D.E. Shaw & Co
New York
|
-$46.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$41.5M |
CDNS Hedge Fund Activity: Q4 2018 in Review
477 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2018, worth a combined $10.4B — down 7.2% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CDNS positions and 47 closed out — a net gain of 34 holders — while 148 added to existing stakes and 184 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $73.7M. The largest seller was Citadel Advisors, cutting an estimated $117M.
- 477 institutional investors held Cadence Design Systems (CDNS) as of Q4 2018, up from 446 in Q3 2018.
- Funds reported $10.4B of Cadence Design Systems stock for Q4 2018, down 7.2% quarter-over-quarter.
- 81 funds opened new Cadence Design Systems positions in Q4 2018 and 47 closed out, a net change of +34 holders.
- The largest Cadence Design Systems buyer in Q4 2018 was Parnassus Investments, an estimated $73.7M added.
- The largest Cadence Design Systems seller in Q4 2018 was Citadel Advisors, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2018.