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Cadence Design Systems

1,182 hedge funds and large institutions have $64.6B invested in Cadence Design Systems in 2023 Q4 according to their latest regulatory filings, with 226 funds opening new positions, 417 increasing their positions, 411 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more first-time investments, than exits

New positions opened: 226 | Existing positions closed: 65

18% more capital invested

Capital invested by funds: $54.8B → $64.6B (+$9.72B)

14% more funds holding

Funds holding: 1,0371,182 (+145)

4% more funds holding in top 10

Funds holding in top 10: 2526 (+1)

1.49% more ownership

Funds ownership: 85.68%87.17% (+1.5%)

1% more repeat investments, than reductions

Existing positions increased: 417 | Existing positions reduced: 411

37% less call options, than puts

Call options by funds: $397M | Put options by funds: $632M

Holders
1,182
Holders Change
+145
Holders Change %
+13.98%
% of All Funds
17.23%
Holding in Top 10
26
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4%
% of All Funds
0.38%
New
226
Increased
417
Reduced
411
Closed
65
Calls
$397M
Puts
$632M
Net Calls
-$235M
Net Calls Change
-$129M
Name Holding Trade Value Shares
Change
Change in
Stake
Amundi
26
Amundi
France
$440M +$74M +287,128 +21%
VanEck Associates
27
VanEck Associates
New York
$431M +$68.5M +265,943 +20%
Charles Schwab
28
Charles Schwab
California
$412M +$11.7M +45,319 +3%
Goldman Sachs
29
Goldman Sachs
New York
$405M -$372K -1,442 -0.1%
American Century Companies
30
American Century Companies
Missouri
$392M -$2.36M -9,161 -0.6%
Swedbank
31
Swedbank
Sweden
$388M -$13.3M -51,656 -3%
Wellington Management Group
32
Wellington Management Group
Massachusetts
$372M -$69.2M -268,575 -16%
PI
33
Putnam Investments
Massachusetts
$360M -$23.2M -89,859 -6%
Impax Asset Management Group
34
Impax Asset Management Group
United Kingdom
$327M -$72.8M -282,513 -19%
Manulife (Manufacturers Life Insurance)
35
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$325M +$18.5M +71,766 +6%
Axa
36
Axa
France
$323M +$2.69M +10,439 +0.9%
Deutsche Bank
37
Deutsche Bank
Germany
$319M +$97.1M +376,885 +47%
Bank of America
38
Bank of America
North Carolina
$313M +$42M +162,946 +17%
AIM
39
Alphinity Investment Management
Australia
$282M -$94.4M -366,203 -26%
N
40
Nuveen
North Carolina
$280M +$5.37M +20,853 +2%
Acadian Asset Management
41
Acadian Asset Management
Massachusetts
$277M -$15.3M -59,244 -6%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$256M +$13.2M +51,232 +6%
Bank Julius Baer & Co
43
Bank Julius Baer & Co
Switzerland
$246M +$40.3M +156,536 +21%
SFFS
44
Stonehage Fleming Financial Services
Jersey
$245M +$184M +714,598 +389%
AI
45
Axiom Investors
Connecticut
$244M +$33.4M +129,762 +17%
Swiss National Bank
46
Swiss National Bank
Switzerland
$231M -$7.09M -27,500 -3%
CS
47
Credit Suisse
Switzerland
$222M -$12.2M -47,261 -5%
BNP Paribas Asset Management
48
BNP Paribas Asset Management
France
$220M +$25.3M +98,294 +14%
BNP Paribas Financial Markets
49
BNP Paribas Financial Markets
France
$220M -$122M -473,891 -37%
LIP
50
Liontrust Investment Partners
United Kingdom
$219M -$32.6M -126,609 -14%

CDNS Hedge Fund Activity: Q4 2023 in Review

1,182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2023, worth a combined $64.6B — up 18% from $54.8B a quarter earlier.

Buyers outnumbered sellers: 226 funds opened new CDNS positions and 65 closed out — a net gain of 161 holders — while 417 added to existing stakes and 411 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $992M. The largest seller was Viking Global Investors, cutting an estimated $367M.

  • 1,182 institutional investors held Cadence Design Systems (CDNS) as of Q4 2023, up from 1,037 in Q3 2023.
  • Funds reported $64.6B of Cadence Design Systems stock for Q4 2023, up 18% quarter-over-quarter.
  • 226 funds opened new Cadence Design Systems positions in Q4 2023 and 65 closed out, a net change of +161 holders.
  • The largest Cadence Design Systems buyer in Q4 2023 was Morgan Stanley, an estimated $992M added.
  • The largest Cadence Design Systems seller in Q4 2023 was Viking Global Investors, an estimated $367M sold.

Based on aggregated 13F filings for Q4 2023.