Cadence Design Systems
CDNS
273 hedge funds and large institutions have $6.79B invested in Cadence Design Systems in 2013 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 93 increasing their positions, 106 reducing their positions, and 43 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
12% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 43
1% more funds holding
Funds holding: 269 → 273 (+4)
4% more capital invested
Capital invested by funds: $6.54B → $6.79B (+$254M)
12% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 106
90% less call options, than puts
Call options by funds: $5.97M | Put options by funds: $59.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$173M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$117M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$72.7M |
| 4 |
GA
Glenhill Advisors
New York
|
+$44.9M |
| 5 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$196M |
| 2 |
FAM
Fred Alger Management
New York
|
-$146M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$94.4M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$83M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.4M |
CDNS Hedge Fund Activity: Q4 2013 in Review
273 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2013, worth a combined $6.79B — up 3.9% from $6.54B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CDNS positions and 43 closed out — a net gain of 5 holders — while 93 added to existing stakes and 106 trimmed.
The largest buyer was Soroban Capital Partners, opening a new position worth an estimated $173M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $196M.
- 273 institutional investors held Cadence Design Systems (CDNS) as of Q4 2013, up from 269 in Q3 2013.
- Funds reported $6.79B of Cadence Design Systems stock for Q4 2013, up 3.9% quarter-over-quarter.
- 48 funds opened new Cadence Design Systems positions in Q4 2013 and 43 closed out, a net change of +5 holders.
- The largest Cadence Design Systems buyer in Q4 2013 was Soroban Capital Partners, an estimated $173M added.
- The largest Cadence Design Systems seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $196M sold.
Based on aggregated 13F filings for Q4 2013.