Cadence Design Systems
CDNS
266 hedge funds and large institutions have $5.29B invested in Cadence Design Systems in 2014 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 83 increasing their positions, 116 reducing their positions, and 35 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
2% less funds holding
Funds holding: 271 → 266 (-5)
28% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 116
30% less capital invested
Capital invested by funds: $7.53B → $5.29B (-$2.24B)
96% less call options, than puts
Call options by funds: $2.96M | Put options by funds: $80.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$191M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$123M |
| 3 |
VM
Valinor Management
New York
|
+$48.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$42.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$234M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$90.8M |
| 3 |
SIG
Senator Investment Group
New York
|
-$66M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$22M |
| 5 |
JP Morgan Chase
New York
|
-$20.1M |
CDNS Hedge Fund Activity: Q2 2014 in Review
266 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q2 2014, worth a combined $5.29B — down 30% from $7.53B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CDNS and 32 opened new positions — a net loss of 3 holders — while 116 trimmed existing stakes and 83 added.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $191M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $234M.
- 266 institutional investors held Cadence Design Systems (CDNS) as of Q2 2014, down from 271 in Q1 2014.
- Funds reported $5.29B of Cadence Design Systems stock for Q2 2014, down 30% quarter-over-quarter.
- 32 funds opened new Cadence Design Systems positions in Q2 2014 and 35 closed out, a net change of -3 holders.
- The largest Cadence Design Systems buyer in Q2 2014 was Glenview Capital Management, an estimated $191M added.
- The largest Cadence Design Systems seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $234M sold.
Based on aggregated 13F filings for Q2 2014.