Cadence Design Systems
CDNS
883 hedge funds and large institutions have $37.7B invested in Cadence Design Systems in 2022 Q4 according to their latest regulatory filings, with 137 funds opening new positions, 303 increasing their positions, 339 reducing their positions, and 64 closing their positions.
114% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 64
7% more funds holding
Funds holding: 827 → 883 (+56)
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
4% less capital invested
Capital invested by funds: $39.3B → $37.7B (-$1.63B)
2.25% less ownership
Funds ownership: 87.77% → 85.51% (-2.3%)
11% less repeat investments, than reductions
Existing positions increased: 303 | Existing positions reduced: 339
49% less call options, than puts
Call options by funds: $168M | Put options by funds: $333M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$407M |
| 2 |
Jennison Associates
New York
|
+$164M |
| 3 |
BlackRock
New York
|
+$148M |
| 4 |
Morgan Stanley
New York
|
+$125M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
+$84.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$730M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$567M |
| 3 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
-$100M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$97.6M |
| 5 |
Two Sigma Investments
New York
|
-$95.3M |
CDNS Hedge Fund Activity: Q4 2022 in Review
883 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2022, worth a combined $37.7B — down 4.2% from $39.3B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new CDNS positions and 64 closed out — a net gain of 73 holders — while 303 added to existing stakes and 339 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $407M. The largest seller was Massachusetts Financial Services, cutting an estimated $730M.
- 883 institutional investors held Cadence Design Systems (CDNS) as of Q4 2022, up from 827 in Q3 2022.
- Funds reported $37.7B of Cadence Design Systems stock for Q4 2022, down 4.2% quarter-over-quarter.
- 137 funds opened new Cadence Design Systems positions in Q4 2022 and 64 closed out, a net change of +73 holders.
- The largest Cadence Design Systems buyer in Q4 2022 was AllianceBernstein, an estimated $407M added.
- The largest Cadence Design Systems seller in Q4 2022 was Massachusetts Financial Services, an estimated $730M sold.
Based on aggregated 13F filings for Q4 2022.