Cadence Design Systems
CDNS
704 hedge funds and large institutions have $32.2B invested in Cadence Design Systems in 2021 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 240 increasing their positions, 290 reducing their positions, and 74 closing their positions.
7% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 74
1% less funds holding
Funds holding: 708 → 704 (-4)
0.81% less ownership
Funds ownership: 85.38% → 84.58% (-0.81%)
1% less capital invested
Capital invested by funds: $32.6B → $32.2B (-$421M)
11% less call options, than puts
Call options by funds: $100M | Put options by funds: $113M
17% less repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 290
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$192M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$117M |
| 3 |
Man Group
London,
United Kingdom
|
+$84M |
| 4 |
Janus Henderson Group
London,
|
+$83.6M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$194M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$163M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$129M |
| 4 |
JP Morgan Chase
New York
|
-$120M |
| 5 |
Parnassus Investments
San Francisco,
California
|
-$112M |
CDNS Hedge Fund Activity: Q2 2021 in Review
704 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q2 2021, worth a combined $32.2B — down 1.3% from $32.6B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CDNS positions and 74 closed out — a net gain of 5 holders — while 240 added to existing stakes and 290 trimmed.
The largest buyer was Putnam Investments, adding an estimated $192M. The largest seller was BlackRock, cutting an estimated $194M.
- 704 institutional investors held Cadence Design Systems (CDNS) as of Q2 2021, down from 708 in Q1 2021.
- Funds reported $32.2B of Cadence Design Systems stock for Q2 2021, down 1.3% quarter-over-quarter.
- 79 funds opened new Cadence Design Systems positions in Q2 2021 and 74 closed out, a net change of +5 holders.
- The largest Cadence Design Systems buyer in Q2 2021 was Putnam Investments, an estimated $192M added.
- The largest Cadence Design Systems seller in Q2 2021 was BlackRock, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2021.