Cadence Design Systems
CDNS
542 hedge funds and large institutions have $16.1B invested in Cadence Design Systems in 2019 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 222 increasing their positions, 189 reducing their positions, and 51 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 189
4% more call options, than puts
Call options by funds: $33.9M | Put options by funds: $32.7M
0% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 51
0% less funds holding
Funds holding: 544 → 542 (-2)
0.72% less ownership
Funds ownership: 87.54% → 86.81% (-0.72%)
8% less capital invested
Capital invested by funds: $17.4B → $16.1B (-$1.35B)
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$152M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$98.9M |
| 3 |
Goldman Sachs
New York
|
+$61.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$49.5M |
| 5 |
Millennium Management
New York
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$127M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$108M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$70.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$58.6M |
| 5 |
Renaissance Technologies
New York
|
-$52.7M |
CDNS Hedge Fund Activity: Q3 2019 in Review
542 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2019, worth a combined $16.1B — down 7.7% from $17.4B a quarter earlier.
Fund positioning in CDNS was balanced in Q3 2019: 51 funds opened new positions, 51 closed out, 222 added to existing stakes and 189 trimmed.
The largest buyer was BlackRock, adding an estimated $152M. The largest seller was Parnassus Investments, cutting an estimated $127M.
- 542 institutional investors held Cadence Design Systems (CDNS) as of Q3 2019, down from 544 in Q2 2019.
- Funds reported $16.1B of Cadence Design Systems stock for Q3 2019, down 7.7% quarter-over-quarter.
- 51 funds opened new Cadence Design Systems positions in Q3 2019 and 51 closed out, a net change of 0 holders.
- The largest Cadence Design Systems buyer in Q3 2019 was BlackRock, an estimated $152M added.
- The largest Cadence Design Systems seller in Q3 2019 was Parnassus Investments, an estimated $127M sold.
Based on aggregated 13F filings for Q3 2019.