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Cadence Design Systems

1,278 hedge funds and large institutions have $71.5B invested in Cadence Design Systems in 2024 Q4 according to their latest regulatory filings, with 216 funds opening new positions, 502 increasing their positions, 419 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 216 | Existing positions closed: 108

82% more funds holding in top 10

Funds holding in top 10: 1120 (+9)

20% more repeat investments, than reductions

Existing positions increased: 502 | Existing positions reduced: 419

13% more capital invested

Capital invested by funds: $63.2B → $71.5B (+$8.31B)

7% more funds holding

Funds holding: 1,1991,278 (+79)

1.32% more ownership

Funds ownership: 85.16%86.48% (+1.3%)

5% more call options, than puts

Call options by funds: $648M | Put options by funds: $614M

Holders
1,278
Holders Change
+79
Holders Change %
+6.59%
% of All Funds
16.83%
Holding in Top 10
20
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+81.82%
% of All Funds
0.26%
New
216
Increased
502
Reduced
419
Closed
108
Calls
$648M
Puts
$614M
Net Calls
+$33.7M
Net Calls Change
+$95.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$9.01B -$33.2M -114,119 -0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$7.78B +$58.5M +201,340 +0.8%
State Street
3
State Street
Massachusetts
$3.64B +$57.5M +197,753 +2%
Jennison Associates
4
Jennison Associates
New York
$2.41B +$117M +404,076 +5%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$2.4B +$186M +639,146 +9%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$1.81B +$39.3M +135,251 +2%
AllianceBernstein
7
AllianceBernstein
Tennessee
$1.71B +$184M +632,175 +13%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$1.58B -$765M -2,633,224 -33%
Franklin Resources
9
Franklin Resources
California
$1.45B +$69.3M +238,535 +5%
UBS AM
10
UBS AM
Illinois
$1.33B +$124M +427,418 +11%
Norges Bank
11
Norges Bank
Norway
$1.17B -$60.5M -208,069 -5%
Morgan Stanley
12
Morgan Stanley
New York
$1.12B +$43.7M +150,354 +4%
Northern Trust
13
Northern Trust
Illinois
$911M +$123M +421,507 +16%
Brown Advisory
14
Brown Advisory
Maryland
$896M +$1.49M +5,142 +0.2%
Nordea Investment Management
15
Nordea Investment Management
Sweden
$885M +$51.8M +178,212 +6%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$883M +$175M +601,834 +26%
JP Morgan Chase
17
JP Morgan Chase
New York
$847M +$36.8M +126,578 +5%
VanEck Associates
18
VanEck Associates
New York
$815M -$15.9M -54,701 -2%
Janus Henderson Group
19
Janus Henderson Group
United Kingdom
$760M +$83M +285,617 +13%
Pictet Asset Management
20
Pictet Asset Management
Switzerland
$750M -$17.4M -59,919 -2%
Principal Financial Group
21
Principal Financial Group
Iowa
$672M +$62.8M +216,075 +11%
Invesco
22
Invesco
Georgia
$637M -$148M -509,621 -19%
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$623M +$208M +716,041 +53%
Goldman Sachs
24
Goldman Sachs
New York
$590M +$57.6M +198,244 +11%
Legal & General Group
25
Legal & General Group
United Kingdom
$575M -$52.6M -181,093 -9%

CDNS Hedge Fund Activity: Q4 2024 in Review

1,278 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Cadence Design Systems (CDNS) for Q4 2024, worth a combined $71.5B — up 13% from $63.2B a quarter earlier.

Buyers outnumbered sellers: 216 funds opened new CDNS positions and 108 closed out — a net gain of 108 holders — while 502 added to existing stakes and 419 trimmed.

The largest buyer was Holocene Advisors, opening a new position worth an estimated $223M. The largest seller was Massachusetts Financial Services, cutting an estimated $765M.

  • 1,278 institutional investors held Cadence Design Systems (CDNS) as of Q4 2024, up from 1,199 in Q3 2024.
  • Funds reported $71.5B of Cadence Design Systems stock for Q4 2024, up 13% quarter-over-quarter.
  • 216 funds opened new Cadence Design Systems positions in Q4 2024 and 108 closed out, a net change of +108 holders.
  • The largest Cadence Design Systems buyer in Q4 2024 was Holocene Advisors, an estimated $223M added.
  • The largest Cadence Design Systems seller in Q4 2024 was Massachusetts Financial Services, an estimated $765M sold.

Based on aggregated 13F filings for Q4 2024.