Cadence Design Systems
CDNS
312 hedge funds and large institutions have $5.81B invested in Cadence Design Systems in 2015 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 114 increasing their positions, 100 reducing their positions, and 33 closing their positions.
1,211% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $1.6M
88% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 33
14% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 100
9% more funds holding
Funds holding: 286 → 312 (+26)
7.67% less ownership
Funds ownership: 105.11% → 97.44% (-7.7%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
36% less capital inflows, than outflows
Capital inflows: $812M | Capital outflows: $1.26B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$69.4M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$69.4M |
| 3 |
Goldman Sachs
New York
|
+$47.9M |
| 4 |
Frontier Capital Management
Boston,
Massachusetts
|
+$39.2M |
| 5 |
Pictet Asset Management (UK)
London,
United Kingdom
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Glenview Capital Management
New York
|
-$311M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$196M |
| 3 |
Fir Tree Capital Management
New York
|
-$190M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$74.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.1M |
CDNS Hedge Fund Activity: Q4 2015 in Review
312 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2015, worth a combined $5.81B — down 6.8% from $6.24B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CDNS positions and 33 closed out — a net gain of 29 holders — while 114 added to existing stakes and 100 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $69.4M. The largest seller was Glenview Capital Management, cutting an estimated $311M.
- 312 institutional investors held Cadence Design Systems (CDNS) as of Q4 2015, up from 286 in Q3 2015.
- Funds reported $5.81B of Cadence Design Systems stock for Q4 2015, down 6.8% quarter-over-quarter.
- 62 funds opened new Cadence Design Systems positions in Q4 2015 and 33 closed out, a net change of +29 holders.
- The largest Cadence Design Systems buyer in Q4 2015 was D.E. Shaw & Co, an estimated $69.4M added.
- The largest Cadence Design Systems seller in Q4 2015 was Glenview Capital Management, an estimated $311M sold.
Based on aggregated 13F filings for Q4 2015.