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Cadence Design Systems

269 hedge funds and large institutions have $6.54B invested in Cadence Design Systems in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 112 increasing their positions, 88 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

174% more call options, than puts

Call options by funds: $47.3M | Put options by funds: $17.2M

27% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 88

3% less funds holding

Funds holding: 276269 (-7)

7% less capital invested

Capital invested by funds: $7.07B → $6.54B (-$529M)

13% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
269
Holders Change
-7
Holders Change %
-2.54%
% of All Funds
8.72%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
33
Increased
112
Reduced
88
Closed
38
Calls
$47.3M
Puts
$17.2M
Net Calls
+$30.1M
Net Calls Change
+$67.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
51
Penn Capital Management
Pennsylvania
$10.5M -$12.2M -852,675 -52%
Westfield Capital Management
52
Westfield Capital Management
Massachusetts
$10.4M -$2.54M -176,885 -19%
Two Sigma Investments
53
Two Sigma Investments
New York
$10.3M -$685K -47,745 -6%
Principal Financial Group
54
Principal Financial Group
Iowa
$10M +$145K +10,074 +1%
SONJCPFA
55
State of New Jersey Common Pension Fund A
New Jersey
$9.72M
PMAM
56
Picton Mahoney Asset Management
Ontario, Canada
$9.3M -$7.38M -514,300 -43%
PCM
57
Palisade Capital Management
New Jersey
$9.14M -$753K -52,468 -7%
Goldman Sachs
58
Goldman Sachs
New York
$8.9M -$322K -22,429 -3%
MAA
59
Managed Account Advisors
New Jersey
$8.86M +$5.65M +393,755 +150%
GCM
60
Grisanti Capital Management
New York
$8.7M +$9.24M +643,945 New
California Public Employees Retirement System
61
California Public Employees Retirement System
California
$8.69M +$94.9K +6,613 +1%
Royal Bank of Canada
62
Royal Bank of Canada
Ontario, Canada
$8.59M +$2.44M +170,295 +37%
State of Tennessee, Department of Treasury
63
State of Tennessee, Department of Treasury
Tennessee
$8.22M +$8.73M +608,465 New
New York State Teachers Retirement System (NYSTRS)
64
New York State Teachers Retirement System (NYSTRS)
New York
$8.09M -$251K -17,500 -3%
AIG
65
American International Group
New York
$8.07M -$5.77M -401,897 -40%
Dimensional Fund Advisors
66
Dimensional Fund Advisors
Texas
$7.75M +$531K +36,964 +7%
NFA
67
Nationwide Fund Advisors
Ohio
$7.35M +$233K +16,210 +3%
Macquarie Group
68
Macquarie Group
Australia
$7.11M +$755K +52,621 +11%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$6.95M +$3.5K +244 +0%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$6.87M +$225K +15,689 +3%
HHC
71
Hutchin Hill Capital
New York
$6.69M +$6.13M +426,800 +624%
CAM
72
ClariVest Asset Management
California
$6.69M -$932K -64,965 -12%
UBS AM
73
UBS AM
Illinois
$6.58M +$421K +29,346 +6%
RhumbLine Advisers
74
RhumbLine Advisers
Massachusetts
$6.52M -$93.2K -6,492 -1%
GC
75
Guggenheim Capital
Illinois
$6.3M -$7.27M -506,326 -52%

CDNS Hedge Fund Activity: Q3 2013 in Review

269 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2013, worth a combined $6.54B — down 7.5% from $7.07B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of CDNS and 33 opened new positions — a net loss of 5 holders — while 88 trimmed existing stakes and 112 added.

The largest buyer was Janus Henderson Investors US, adding an estimated $95.5M. The largest seller was AllianceBernstein, cutting an estimated $57M.

  • 269 institutional investors held Cadence Design Systems (CDNS) as of Q3 2013, down from 276 in Q2 2013.
  • Funds reported $6.54B of Cadence Design Systems stock for Q3 2013, down 7.5% quarter-over-quarter.
  • 33 funds opened new Cadence Design Systems positions in Q3 2013 and 38 closed out, a net change of -5 holders.
  • The largest Cadence Design Systems buyer in Q3 2013 was Janus Henderson Investors US, an estimated $95.5M added.
  • The largest Cadence Design Systems seller in Q3 2013 was AllianceBernstein, an estimated $57M sold.

Based on aggregated 13F filings for Q3 2013.