Cadence Design Systems
CDNS
446 hedge funds and large institutions have $11.3B invested in Cadence Design Systems in 2018 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 159 increasing their positions, 165 reducing their positions, and 25 closing their positions.
144% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 25
7% more funds holding
Funds holding: 416 → 446 (+30)
5% more capital invested
Capital invested by funds: $10.8B → $11.3B (+$490M)
0.44% less ownership
Funds ownership: 88.29% → 87.85% (-0.44%)
4% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 165
31% less call options, than puts
Call options by funds: $9.01M | Put options by funds: $13M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$93.8M |
| 2 |
Man Group
London,
United Kingdom
|
+$69M |
| 3 |
State Street
Boston,
Massachusetts
|
+$38.7M |
| 4 |
Squarepoint
New York
|
+$25.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$181M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$53.3M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$53.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$50.1M |
| 5 |
Janus Henderson Group
London,
|
-$40.1M |
CDNS Hedge Fund Activity: Q3 2018 in Review
446 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2018, worth a combined $11.3B — up 4.6% from $10.8B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CDNS positions and 25 closed out — a net gain of 36 holders — while 159 added to existing stakes and 165 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $93.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $181M.
- 446 institutional investors held Cadence Design Systems (CDNS) as of Q3 2018, up from 416 in Q2 2018.
- Funds reported $11.3B of Cadence Design Systems stock for Q3 2018, up 4.6% quarter-over-quarter.
- 61 funds opened new Cadence Design Systems positions in Q3 2018 and 25 closed out, a net change of +36 holders.
- The largest Cadence Design Systems buyer in Q3 2018 was Parnassus Investments, an estimated $93.8M added.
- The largest Cadence Design Systems seller in Q3 2018 was T. Rowe Price Associates, an estimated $181M sold.
Based on aggregated 13F filings for Q3 2018.