Cadence Design Systems
CDNS
1,182 hedge funds and large institutions have $64.6B invested in Cadence Design Systems in 2023 Q4 according to their latest regulatory filings, with 226 funds opening new positions, 417 increasing their positions, 411 reducing their positions, and 65 closing their positions.
248% more first-time investments, than exits
New positions opened: 226 | Existing positions closed: 65
18% more capital invested
Capital invested by funds: $54.8B → $64.6B (+$9.72B)
14% more funds holding
Funds holding: 1,037 → 1,182 (+145)
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
1.49% more ownership
Funds ownership: 85.68% → 87.17% (+1.5%)
1% more repeat investments, than reductions
Existing positions increased: 417 | Existing positions reduced: 411
37% less call options, than puts
Call options by funds: $397M | Put options by funds: $632M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$992M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$271M |
| 3 |
Man Group
London,
United Kingdom
|
+$207M |
| 4 |
SFFS
Stonehage Fleming Financial Services
St. Helier,
Jersey
|
+$184M |
| 5 |
Barclays
London,
United Kingdom
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$367M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$307M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$161M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$129M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$122M |
CDNS Hedge Fund Activity: Q4 2023 in Review
1,182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2023, worth a combined $64.6B — up 18% from $54.8B a quarter earlier.
Buyers outnumbered sellers: 226 funds opened new CDNS positions and 65 closed out — a net gain of 161 holders — while 417 added to existing stakes and 411 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $992M. The largest seller was Viking Global Investors, cutting an estimated $367M.
- 1,182 institutional investors held Cadence Design Systems (CDNS) as of Q4 2023, up from 1,037 in Q3 2023.
- Funds reported $64.6B of Cadence Design Systems stock for Q4 2023, up 18% quarter-over-quarter.
- 226 funds opened new Cadence Design Systems positions in Q4 2023 and 65 closed out, a net change of +161 holders.
- The largest Cadence Design Systems buyer in Q4 2023 was Morgan Stanley, an estimated $992M added.
- The largest Cadence Design Systems seller in Q4 2023 was Viking Global Investors, an estimated $367M sold.
Based on aggregated 13F filings for Q4 2023.