Cadre Holdings
CDRE
71 hedge funds and large institutions have $357M invested in Cadre Holdings in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 41 increasing their positions, 14 reducing their positions, and 12 closing their positions.
193% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 14
16% more capital invested
Capital invested by funds: $308M → $357M (+$49.2M)
5.28% more ownership
Funds ownership: 38.31% → 43.59% (+5.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 78 → 71 (-7)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
87% less call options, than puts
Call options by funds: $65K | Put options by funds: $498K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.4M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$5.51M |
| 3 |
BlackRock
New York
|
+$3.42M |
| 4 |
WC
Wynnefield Capital
New York
|
+$3.07M |
| 5 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.27M |
| 2 |
AGC
Aspen Grove Capital
Avon,
Colorado
|
-$1.1M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$1.07M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$681K |
| 5 |
Goldman Sachs
New York
|
-$633K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$247K | -11,628 | Closed |
|
|
JF
77
Jump Financial
Chicago,
Illinois
| – | -$248K | -11,500 | Closed |
|
78
Balyasny Asset Management
Chicago,
Illinois
| – | -$211K | -9,775 | Closed |
|
|
TI
79
Trexquant Investment
Stamford,
Connecticut
| – | -$209K | -9,717 | Closed |
|
80
SG Americas Securities
New York
| – | -$191K | -8,865 | Closed |
|
|
SOW
81
State of Wyoming
Cheyenne,
Wyoming
| – | -$29.8K | -1,384 | Closed |
|
|
ACM
82
Aquatic Capital Management
Chicago,
Illinois
| – | -$9K | -400 | Closed |
|
CDRE Hedge Fund Activity: Q2 2023 in Review
71 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Cadre Holdings (CDRE) for Q2 2023, worth a combined $357M — up 16% from $308M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CDRE and 5 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 41 added.
The largest buyer was Fidelity Investments, adding an estimated $32.4M. The largest seller was Millennium Management, cutting an estimated $4.27M.
- 71 institutional investors held Cadre Holdings (CDRE) as of Q2 2023, down from 78 in Q1 2023.
- Funds reported $357M of Cadre Holdings stock for Q2 2023, up 16% quarter-over-quarter.
- 5 funds opened new Cadre Holdings positions in Q2 2023 and 12 closed out, a net change of -7 holders.
- The largest Cadre Holdings buyer in Q2 2023 was Fidelity Investments, an estimated $32.4M added.
- The largest Cadre Holdings seller in Q2 2023 was Millennium Management, an estimated $4.27M sold.
Based on aggregated 13F filings for Q2 2023.