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Cadence Design Systems

269 hedge funds and large institutions have $6.54B invested in Cadence Design Systems in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 112 increasing their positions, 88 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

174% more call options, than puts

Call options by funds: $47.3M | Put options by funds: $17.2M

27% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 88

3% less funds holding

Funds holding: 276269 (-7)

7% less capital invested

Capital invested by funds: $7.07B → $6.54B (-$529M)

13% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
269
Holders Change
-7
Holders Change %
-2.54%
% of All Funds
8.72%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
33
Increased
112
Reduced
88
Closed
38
Calls
$47.3M
Puts
$17.2M
Net Calls
+$30.1M
Net Calls Change
+$67.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
126
BlackRock Group
United Kingdom
$2M -$1.17M -81,835 -36%
MSA
127
Mason Street Advisors
Wisconsin
$1.99M -$256K -17,850 -11%
HCM
128
Herndon Capital Management
Georgia
$1.95M +$21.4K +1,490 +1%
SIMG
129
Stephens Investment Management Group
Texas
$1.95M +$1.2M +83,500 +137%
MCM
130
Maple Capital Management
Vermont
$1.89M +$2.01M +139,850 New
SOMRS
131
State of Michigan Retirement System
Michigan
$1.79M +$30.1K +2,100 +2%
SAM
132
Shell Asset Management
Netherlands
$1.74M
SCA
133
SAC Capital Advisors
Connecticut
$1.71M +$1.1M +76,341 +151%
QBFM
134
QS Batterymarch Financial Management
New York
$1.71M
Bank of Montreal
135
Bank of Montreal
Ontario, Canada
$1.66M -$3.58M -249,711 -67%
NPIT
136
National Penn Investors Trust
Pennsylvania
$1.66M +$32K +2,231 +2%
SFP
137
Santa Fe Partners
New Mexico
$1.57M +$1.67M +116,109 New
SG Americas Securities
138
SG Americas Securities
New York
$1.57M +$1.21M +84,256 +265%
IRF
139
IBM Retirement Fund
New York
$1.55M -$232K -16,163 -12%
LCM
140
Leonard Capital Management
Florida
$1.51M
ERSOT
141
Employees Retirement System of Texas
Texas
$1.51M
VRS
142
Virginia Retirement Systems
Virginia
$1.36M +$155K +10,800 +12%
VKH
143
Virtu KCG Holdings
New York
$1.36M +$1.45M +100,762 New
DekaBank Deutsche Girozentrale
144
DekaBank Deutsche Girozentrale
Germany
$1.3M +$1.38M +96,090 New
Public Employees Retirement Association of Colorado
145
Public Employees Retirement Association of Colorado
Colorado
$1.28M +$2.37K +165 +0.2%
Tudor Investment Corp
146
Tudor Investment Corp
Connecticut
$1.24M +$643K +44,800 +95%
LMGAM
147
Liberty Mutual Group Asset Management
Massachusetts
$1.2M -$401K -27,969 -24%
DCP
148
DSM Capital Partners
Florida
$1.19M +$509K +35,475 +67%
CONA
149
Capital One National Association
New York
$1.13M -$2.06M -143,450 -63%
PGCM
150
Prescott Group Capital Management
Oklahoma
$1.1M -$646K -45,000 -36%

CDNS Hedge Fund Activity: Q3 2013 in Review

269 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2013, worth a combined $6.54B — down 7.5% from $7.07B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of CDNS and 33 opened new positions — a net loss of 5 holders — while 88 trimmed existing stakes and 112 added.

The largest buyer was Janus Henderson Investors US, adding an estimated $95.5M. The largest seller was AllianceBernstein, cutting an estimated $57M.

  • 269 institutional investors held Cadence Design Systems (CDNS) as of Q3 2013, down from 276 in Q2 2013.
  • Funds reported $6.54B of Cadence Design Systems stock for Q3 2013, down 7.5% quarter-over-quarter.
  • 33 funds opened new Cadence Design Systems positions in Q3 2013 and 38 closed out, a net change of -5 holders.
  • The largest Cadence Design Systems buyer in Q3 2013 was Janus Henderson Investors US, an estimated $95.5M added.
  • The largest Cadence Design Systems seller in Q3 2013 was AllianceBernstein, an estimated $57M sold.

Based on aggregated 13F filings for Q3 2013.