Cadence Design Systems
CDNS
596 hedge funds and large institutions have $23.5B invested in Cadence Design Systems in 2020 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 192 increasing their positions, 221 reducing their positions, and 38 closing their positions.
203% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 38
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
44% more capital invested
Capital invested by funds: $16.3B → $23.5B (+$7.25B)
23% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $43.6M
14% more funds holding
Funds holding: 523 → 596 (+73)
0.23% less ownership
Funds ownership: 88.11% → 87.88% (-0.23%)
13% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 221
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$223M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$195M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$160M |
| 4 |
JP Morgan Chase
New York
|
+$116M |
| 5 |
BlackRock
New York
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$310M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$122M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$117M |
| 4 |
Parnassus Investments
San Francisco,
California
|
-$114M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$85.1M |
CDNS Hedge Fund Activity: Q2 2020 in Review
596 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q2 2020, worth a combined $23.5B — up 44% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new CDNS positions and 38 closed out — a net gain of 77 holders — while 192 added to existing stakes and 221 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $223M. The largest seller was Citadel Advisors, cutting an estimated $310M.
- 596 institutional investors held Cadence Design Systems (CDNS) as of Q2 2020, up from 523 in Q1 2020.
- Funds reported $23.5B of Cadence Design Systems stock for Q2 2020, up 44% quarter-over-quarter.
- 115 funds opened new Cadence Design Systems positions in Q2 2020 and 38 closed out, a net change of +77 holders.
- The largest Cadence Design Systems buyer in Q2 2020 was VOYA Investment Management, an estimated $223M added.
- The largest Cadence Design Systems seller in Q2 2020 was Citadel Advisors, an estimated $310M sold.
Based on aggregated 13F filings for Q2 2020.