Cadence Design Systems
CDNS
720 hedge funds and large institutions have $35.8B invested in Cadence Design Systems in 2021 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 261 increasing their positions, 258 reducing their positions, and 58 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
36% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 58
11% more capital invested
Capital invested by funds: $32.2B → $35.8B (+$3.56B)
2% more funds holding
Funds holding: 704 → 720 (+16)
1% more repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 258
0.73% more ownership
Funds ownership: 84.58% → 85.31% (+0.73%)
24% less call options, than puts
Call options by funds: $145M | Put options by funds: $191M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$130M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$107M |
| 3 |
Goldman Sachs
New York
|
+$67.8M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$40.3M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$99.7M |
| 2 |
JP Morgan Chase
New York
|
-$84.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$77.8M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$58.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$43.4M |
CDNS Hedge Fund Activity: Q3 2021 in Review
720 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q3 2021, worth a combined $35.8B — up 11% from $32.2B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CDNS positions and 58 closed out — a net gain of 21 holders — while 261 added to existing stakes and 258 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $130M. The largest seller was Neuberger Berman Group, cutting an estimated $99.7M.
- 720 institutional investors held Cadence Design Systems (CDNS) as of Q3 2021, up from 704 in Q2 2021.
- Funds reported $35.8B of Cadence Design Systems stock for Q3 2021, up 11% quarter-over-quarter.
- 79 funds opened new Cadence Design Systems positions in Q3 2021 and 58 closed out, a net change of +21 holders.
- The largest Cadence Design Systems buyer in Q3 2021 was Manulife (Manufacturers Life Insurance), an estimated $130M added.
- The largest Cadence Design Systems seller in Q3 2021 was Neuberger Berman Group, an estimated $99.7M sold.
Based on aggregated 13F filings for Q3 2021.