Cadence Design Systems
CDNS
573 hedge funds and large institutions have $16.9B invested in Cadence Design Systems in 2019 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 186 increasing their positions, 221 reducing their positions, and 42 closing their positions.
105% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 42
6% more funds holding
Funds holding: 540 → 573 (+33)
6% more capital invested
Capital invested by funds: $15.9B → $16.9B (+$914M)
0.15% less ownership
Funds ownership: 86.8% → 86.65% (-0.15%)
16% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 221
48% less call options, than puts
Call options by funds: $14.9M | Put options by funds: $28.9M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$119M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$93.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$91.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$83M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$78.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$181M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$151M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$82.6M |
| 4 |
Two Sigma Advisers
New York
|
-$72.3M |
| 5 |
Millennium Management
New York
|
-$53.7M |
CDNS Hedge Fund Activity: Q4 2019 in Review
573 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2019, worth a combined $16.9B — up 5.7% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CDNS positions and 42 closed out — a net gain of 44 holders — while 186 added to existing stakes and 221 trimmed.
The largest buyer was BlackRock, adding an estimated $119M. The largest seller was Invesco, cutting an estimated $181M.
- 573 institutional investors held Cadence Design Systems (CDNS) as of Q4 2019, up from 540 in Q3 2019.
- Funds reported $16.9B of Cadence Design Systems stock for Q4 2019, up 5.7% quarter-over-quarter.
- 86 funds opened new Cadence Design Systems positions in Q4 2019 and 42 closed out, a net change of +44 holders.
- The largest Cadence Design Systems buyer in Q4 2019 was BlackRock, an estimated $119M added.
- The largest Cadence Design Systems seller in Q4 2019 was Invesco, an estimated $181M sold.
Based on aggregated 13F filings for Q4 2019.