Cadence Design Systems
CDNS
1,199 hedge funds and large institutions have $63.2B invested in Cadence Design Systems in 2024 Q3 according to their latest regulatory filings, with 124 funds opening new positions, 474 increasing their positions, 463 reducing their positions, and 181 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 474 | Existing positions reduced: 463
10% less call options, than puts
Call options by funds: $571M | Put options by funds: $633M
1.32% less ownership
Funds ownership: 86.48% → 85.16% (-1.3%)
6% less funds holding
Funds holding: 1,269 → 1,199 (-70)
13% less capital invested
Capital invested by funds: $72.5B → $63.2B (-$9.27B)
31% less first-time investments, than exits
New positions opened: 124 | Existing positions closed: 181
50% less funds holding in top 10
Funds holding in top 10: 22 → 11 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$535M |
| 2 |
Coatue Management
New York
|
+$367M |
| 3 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$247M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$179M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$177M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$586M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$435M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$251M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$222M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$217M |
CDNS Hedge Fund Activity: Q3 2024 in Review
1,199 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2024, worth a combined $63.2B — down 13% from $72.5B a quarter earlier.
Sellers outnumbered buyers: 181 funds closed out of CDNS and 124 opened new positions — a net loss of 57 holders — while 463 trimmed existing stakes and 474 added.
The largest buyer was AllianceBernstein, adding an estimated $535M. The largest seller was Fidelity Investments, cutting an estimated $586M.
- 1,199 institutional investors held Cadence Design Systems (CDNS) as of Q3 2024, down from 1,269 in Q2 2024.
- Funds reported $63.2B of Cadence Design Systems stock for Q3 2024, down 13% quarter-over-quarter.
- 124 funds opened new Cadence Design Systems positions in Q3 2024 and 181 closed out, a net change of -57 holders.
- The largest Cadence Design Systems buyer in Q3 2024 was AllianceBernstein, an estimated $535M added.
- The largest Cadence Design Systems seller in Q3 2024 was Fidelity Investments, an estimated $586M sold.
Based on aggregated 13F filings for Q3 2024.