Cadence Design Systems
CDNS
1,252 hedge funds and large institutions have $72.3B invested in Cadence Design Systems in 2024 Q1 according to their latest regulatory filings, with 173 funds opening new positions, 487 increasing their positions, 442 reducing their positions, and 88 closing their positions.
97% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 88
12% more capital invested
Capital invested by funds: $64.6B → $72.3B (+$7.73B)
10% more repeat investments, than reductions
Existing positions increased: 487 | Existing positions reduced: 442
6% more funds holding
Funds holding: 1,182 → 1,252 (+70)
6% more call options, than puts
Call options by funds: $528M | Put options by funds: $500M
1.64% less ownership
Funds ownership: 87.17% → 85.52% (-1.6%)
4% less funds holding in top 10
Funds holding in top 10: 26 → 25 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$409M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$383M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$313M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$225M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$138M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.02B |
| 2 |
Swedbank
Stockholm,
Sweden
|
-$388M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$156M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$132M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$112M |
CDNS Hedge Fund Activity: Q1 2024 in Review
1,252 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2024, worth a combined $72.3B — up 12% from $64.6B a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new CDNS positions and 88 closed out — a net gain of 85 holders — while 487 added to existing stakes and 442 trimmed.
The largest buyer was Franklin Resources, adding an estimated $409M. The largest seller was Morgan Stanley, cutting an estimated $1.02B.
- 1,252 institutional investors held Cadence Design Systems (CDNS) as of Q1 2024, up from 1,182 in Q4 2023.
- Funds reported $72.3B of Cadence Design Systems stock for Q1 2024, up 12% quarter-over-quarter.
- 173 funds opened new Cadence Design Systems positions in Q1 2024 and 88 closed out, a net change of +85 holders.
- The largest Cadence Design Systems buyer in Q1 2024 was Franklin Resources, an estimated $409M added.
- The largest Cadence Design Systems seller in Q1 2024 was Morgan Stanley, an estimated $1.02B sold.
Based on aggregated 13F filings for Q1 2024.