Cadence Design Systems
CDNS
271 hedge funds and large institutions have $7.54B invested in Cadence Design Systems in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 105 increasing their positions, 103 reducing their positions, and 31 closing their positions.
11% more capital invested
Capital invested by funds: $6.8B → $7.54B (+$739M)
2% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 103
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
1% less funds holding
Funds holding: 273 → 271 (-2)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
92% less call options, than puts
Call options by funds: $6.88M | Put options by funds: $86.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$217M |
| 2 |
EC
Eminence Capital
New York
|
+$127M |
| 3 |
SIG
Senator Investment Group
New York
|
+$63M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$33.5M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$101M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$64.2M |
| 3 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
-$33.7M |
| 4 |
Bank of New York Mellon
New York
|
-$31.5M |
| 5 |
Alkeon Capital Management
New York
|
-$26.9M |
CDNS Hedge Fund Activity: Q1 2014 in Review
271 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q1 2014, worth a combined $7.54B — up 11% from $6.8B a quarter earlier.
Fund positioning in CDNS was balanced in Q1 2014: 31 funds opened new positions, 31 closed out, 105 added to existing stakes and 103 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $217M. The largest seller was Wellington Management Group, cutting an estimated $101M.
- 271 institutional investors held Cadence Design Systems (CDNS) as of Q1 2014, down from 273 in Q4 2013.
- Funds reported $7.54B of Cadence Design Systems stock for Q1 2014, up 11% quarter-over-quarter.
- 31 funds opened new Cadence Design Systems positions in Q1 2014 and 31 closed out, a net change of 0 holders.
- The largest Cadence Design Systems buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $217M added.
- The largest Cadence Design Systems seller in Q1 2014 was Wellington Management Group, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2014.