Cadence Design Systems
CDNS
1,037 hedge funds and large institutions have $54.8B invested in Cadence Design Systems in 2023 Q3 according to their latest regulatory filings, with 119 funds opening new positions, 396 increasing their positions, 389 reducing their positions, and 100 closing their positions.
19% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 100
2% more repeat investments, than reductions
Existing positions increased: 396 | Existing positions reduced: 389
1% more funds holding
Funds holding: 1,028 → 1,037 (+9)
0% less capital invested
Capital invested by funds: $54.9B → $54.8B (-$33.4M)
0.22% less ownership
Funds ownership: 85.9% → 85.68% (-0.22%)
26% less call options, than puts
Call options by funds: $300M | Put options by funds: $406M
26% less funds holding in top 10
Funds holding in top 10: 34 → 25 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$225M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$193M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$179M |
| 4 |
AC
AKO Capital
London,
United Kingdom
|
+$145M |
| 5 |
BlackRock
New York
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$251M |
| 2 |
Man Group
London,
United Kingdom
|
-$185M |
| 3 |
Millennium Management
New York
|
-$154M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$138M |
| 5 |
HF
HRT Financial
New York
|
-$136M |
CDNS Hedge Fund Activity: Q3 2023 in Review
1,037 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2023, worth a combined $54.8B — down 0.06% from $54.9B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new CDNS positions and 100 closed out — a net gain of 19 holders — while 396 added to existing stakes and 389 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $225M. The largest seller was Massachusetts Financial Services, cutting an estimated $251M.
- 1,037 institutional investors held Cadence Design Systems (CDNS) as of Q3 2023, up from 1,028 in Q2 2023.
- Funds reported $54.8B of Cadence Design Systems stock for Q3 2023, down 0.06% quarter-over-quarter.
- 119 funds opened new Cadence Design Systems positions in Q3 2023 and 100 closed out, a net change of +19 holders.
- The largest Cadence Design Systems buyer in Q3 2023 was Wellington Management Group, an estimated $225M added.
- The largest Cadence Design Systems seller in Q3 2023 was Massachusetts Financial Services, an estimated $251M sold.
Based on aggregated 13F filings for Q3 2023.