Cadence Design Systems
CDNS
286 hedge funds and large institutions have $6.22B invested in Cadence Design Systems in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 95 increasing their positions, 115 reducing their positions, and 27 closing their positions.
1,397% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $221K
48% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 27
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
5% more capital invested
Capital invested by funds: $5.9B → $6.22B (+$317M)
4% more funds holding
Funds holding: 274 → 286 (+12)
17% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$68.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$60.2M |
| 3 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
+$51.3M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$50.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$45.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$76M |
| 2 |
GA
Glenhill Advisors
New York
|
-$48.3M |
| 3 |
VM
Valinor Management
New York
|
-$37.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$25.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$25.1M |
CDNS Hedge Fund Activity: Q3 2015 in Review
286 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2015, worth a combined $6.22B — up 5.4% from $5.9B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CDNS positions and 27 closed out — a net gain of 13 holders — while 95 added to existing stakes and 115 trimmed.
The largest buyer was Fir Tree Capital Management, adding an estimated $68.7M. The largest seller was Criterion Capital Management, exiting entirely with an estimated $76M sold.
- 286 institutional investors held Cadence Design Systems (CDNS) as of Q3 2015, up from 274 in Q2 2015.
- Funds reported $6.22B of Cadence Design Systems stock for Q3 2015, up 5.4% quarter-over-quarter.
- 40 funds opened new Cadence Design Systems positions in Q3 2015 and 27 closed out, a net change of +13 holders.
- The largest Cadence Design Systems buyer in Q3 2015 was Fir Tree Capital Management, an estimated $68.7M added.
- The largest Cadence Design Systems seller in Q3 2015 was Criterion Capital Management, an estimated $76M sold.
Based on aggregated 13F filings for Q3 2015.