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Cadence Design Systems

1,278 hedge funds and large institutions have $71.5B invested in Cadence Design Systems in 2024 Q4 according to their latest regulatory filings, with 216 funds opening new positions, 502 increasing their positions, 419 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 216 | Existing positions closed: 108

82% more funds holding in top 10

Funds holding in top 10: 1120 (+9)

20% more repeat investments, than reductions

Existing positions increased: 502 | Existing positions reduced: 419

13% more capital invested

Capital invested by funds: $63.2B → $71.5B (+$8.31B)

7% more funds holding

Funds holding: 1,1991,278 (+79)

1.32% more ownership

Funds ownership: 85.16%86.48% (+1.3%)

5% more call options, than puts

Call options by funds: $648M | Put options by funds: $614M

Holders
1,278
Holders Change
+79
Holders Change %
+6.59%
% of All Funds
16.83%
Holding in Top 10
20
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+81.82%
% of All Funds
0.26%
New
216
Increased
502
Reduced
419
Closed
108
Calls
$648M
Puts
$614M
Net Calls
+$33.7M
Net Calls Change
+$95.7M
Name Holding Trade Value Shares
Change
Change in
Stake
DekaBank Deutsche Girozentrale
76
DekaBank Deutsche Girozentrale
Germany
$156M
RhumbLine Advisers
77
RhumbLine Advisers
Massachusetts
$154M -$2.1M -7,211 -1%
MNA
78
Manning & Napier Advisors
New York
$149M +$144M +494,555 New
TG
79
TCW Group
California
$146M +$6.45M +22,196 +5%
First Trust Advisors
80
First Trust Advisors
Illinois
$143M -$20.1M -69,266 -13%
New York State Common Retirement Fund
81
New York State Common Retirement Fund
New York
$141M +$13.6M +46,703 +11%
RG
82
Rathbones Group
United Kingdom
$141M +$23.9M +82,065 +21%
BCPEMI
83
Bain Capital Public Equity Management II
Massachusetts
$133M +$55.9M +192,429 +77%
Bank of Nova Scotia
84
Bank of Nova Scotia
Ontario, Canada
$131M +$78.1M +268,609 +160%
California State Teachers Retirement System (CalSTRS)
85
California State Teachers Retirement System (CalSTRS)
California
$129M -$800K -2,753 -0.6%
BNP Paribas Asset Management
86
BNP Paribas Asset Management
France
$129M -$1.22M -4,188 -1%
Bank of Montreal
87
Bank of Montreal
Ontario, Canada
$129M -$3.85M -13,240 -3%
FAM
88
Fred Alger Management
New York
$128M +$31.7M +109,198 +34%
JIM
89
Jensen Investment Management
Oregon
$127M +$122M +421,257 New
Artisan Partners
90
Artisan Partners
Wisconsin
$126M -$19M -65,367 -13%
A
91
AustralianSuper
Australia
$122M +$113M +390,104 +2,353%
Wellington Management Group
92
Wellington Management Group
Massachusetts
$121M +$12.8M +44,061 +12%
Canada Life
93
Canada Life
Manitoba, Canada
$117M -$3.82M -13,145 -3%
UIM
94
USS Investment Management
United Kingdom
$117M -$280K -963 -0.2%
Victory Capital Management
95
Victory Capital Management
Texas
$116M -$6.33M -21,785 -5%
TD Asset Management
96
TD Asset Management
Ontario, Canada
$111M +$1.27M +4,369 +1%
ProShare Advisors
97
ProShare Advisors
Maryland
$111M +$15.8M +54,453 +17%
Neuberger Berman Group
98
Neuberger Berman Group
New York
$107M -$62.9M -216,511 -38%
NC
99
NZS Capital
Colorado
$107M +$2.33M +8,028 +2%
Marshall Wace
100
Marshall Wace
United Kingdom
$103M -$28.5M -98,076 -22%

CDNS Hedge Fund Activity: Q4 2024 in Review

1,278 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2024, worth a combined $71.5B — up 13% from $63.2B a quarter earlier.

Buyers outnumbered sellers: 216 funds opened new CDNS positions and 108 closed out — a net gain of 108 holders — while 502 added to existing stakes and 419 trimmed.

The largest buyer was Holocene Advisors, opening a new position worth an estimated $223M. The largest seller was Massachusetts Financial Services, cutting an estimated $765M.

  • 1,278 institutional investors held Cadence Design Systems (CDNS) as of Q4 2024, up from 1,199 in Q3 2024.
  • Funds reported $71.5B of Cadence Design Systems stock for Q4 2024, up 13% quarter-over-quarter.
  • 216 funds opened new Cadence Design Systems positions in Q4 2024 and 108 closed out, a net change of +108 holders.
  • The largest Cadence Design Systems buyer in Q4 2024 was Holocene Advisors, an estimated $223M added.
  • The largest Cadence Design Systems seller in Q4 2024 was Massachusetts Financial Services, an estimated $765M sold.

Based on aggregated 13F filings for Q4 2024.