Cadence Design Systems
CDNS
281 hedge funds and large institutions have $5.47B invested in Cadence Design Systems in 2015 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 109 increasing their positions, 101 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
4% more funds holding
Funds holding: 271 → 281 (+10)
8% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 101
6% less capital invested
Capital invested by funds: $5.83B → $5.47B (-$367M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
97% less call options, than puts
Call options by funds: $803K | Put options by funds: $26.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$97.6M |
| 2 |
SIG
Senator Investment Group
New York
|
+$89.2M |
| 3 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
+$57.6M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$43.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$200M |
| 2 |
SCP
Soroban Capital Partners
New York
|
-$88.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$46.5M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$40M |
| 5 |
Morgan Stanley
New York
|
-$36.9M |
CDNS Hedge Fund Activity: Q1 2015 in Review
281 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2015, worth a combined $5.47B — down 6.3% from $5.83B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CDNS positions and 27 closed out — a net gain of 12 holders — while 109 added to existing stakes and 101 trimmed.
The largest buyer was Glenview Capital Management, adding an estimated $97.6M. The largest seller was Wellington Management Group, cutting an estimated $200M.
- 281 institutional investors held Cadence Design Systems (CDNS) as of Q1 2015, up from 271 in Q4 2014.
- Funds reported $5.47B of Cadence Design Systems stock for Q1 2015, down 6.3% quarter-over-quarter.
- 39 funds opened new Cadence Design Systems positions in Q1 2015 and 27 closed out, a net change of +12 holders.
- The largest Cadence Design Systems buyer in Q1 2015 was Glenview Capital Management, an estimated $97.6M added.
- The largest Cadence Design Systems seller in Q1 2015 was Wellington Management Group, an estimated $200M sold.
Based on aggregated 13F filings for Q1 2015.