Cadence Design Systems
CDNS
448 hedge funds and large institutions have $10.2B invested in Cadence Design Systems in 2017 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 171 increasing their positions, 131 reducing their positions, and 28 closing their positions.
221% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 28
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
31% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 131
15% more funds holding
Funds holding: 391 → 448 (+57)
7% more capital invested
Capital invested by funds: $9.59B → $10.2B (+$636M)
0.15% more ownership
Funds ownership: 86.77% → 86.92% (+0.15%)
9% less call options, than puts
Call options by funds: $16.5M | Put options by funds: $18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$127M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$100M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$91.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$83.9M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$222M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$126M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$101M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$71.4M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$59.4M |
CDNS Hedge Fund Activity: Q4 2017 in Review
448 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2017, worth a combined $10.2B — up 6.6% from $9.59B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new CDNS positions and 28 closed out — a net gain of 62 holders — while 171 added to existing stakes and 131 trimmed.
The largest buyer was Vanguard Group, adding an estimated $127M. The largest seller was Janus Henderson Group, cutting an estimated $222M.
- 448 institutional investors held Cadence Design Systems (CDNS) as of Q4 2017, up from 391 in Q3 2017.
- Funds reported $10.2B of Cadence Design Systems stock for Q4 2017, up 6.6% quarter-over-quarter.
- 90 funds opened new Cadence Design Systems positions in Q4 2017 and 28 closed out, a net change of +62 holders.
- The largest Cadence Design Systems buyer in Q4 2017 was Vanguard Group, an estimated $127M added.
- The largest Cadence Design Systems seller in Q4 2017 was Janus Henderson Group, an estimated $222M sold.
Based on aggregated 13F filings for Q4 2017.