Cadence Design Systems
CDNS
646 hedge funds and large institutions have $25.5B invested in Cadence Design Systems in 2020 Q3 according to their latest regulatory filings, with 102 funds opening new positions, 252 increasing their positions, 215 reducing their positions, and 49 closing their positions.
108% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 49
17% more repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 215
9% more capital invested
Capital invested by funds: $23.5B → $25.5B (+$2.02B)
8% more funds holding
Funds holding: 598 → 646 (+48)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1.83% less ownership
Funds ownership: 87.81% → 85.98% (-1.8%)
13% less call options, than puts
Call options by funds: $55.7M | Put options by funds: $63.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$92.7M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$68.1M |
| 3 |
Millennium Management
New York
|
+$48.3M |
| 4 |
Alkeon Capital Management
New York
|
+$43.7M |
| 5 |
BlackRock
New York
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$198M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$167M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$119M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$82.5M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$76.6M |
CDNS Hedge Fund Activity: Q3 2020 in Review
646 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2020, worth a combined $25.5B — up 8.6% from $23.5B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new CDNS positions and 49 closed out — a net gain of 53 holders — while 252 added to existing stakes and 215 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $92.7M. The largest seller was Nordea Investment Management, cutting an estimated $198M.
- 646 institutional investors held Cadence Design Systems (CDNS) as of Q3 2020, up from 598 in Q2 2020.
- Funds reported $25.5B of Cadence Design Systems stock for Q3 2020, up 8.6% quarter-over-quarter.
- 102 funds opened new Cadence Design Systems positions in Q3 2020 and 49 closed out, a net change of +53 holders.
- The largest Cadence Design Systems buyer in Q3 2020 was Schroder Investment Management Group, an estimated $92.7M added.
- The largest Cadence Design Systems seller in Q3 2020 was Nordea Investment Management, an estimated $198M sold.
Based on aggregated 13F filings for Q3 2020.