Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CAREDX INC (CDNA)

193 + Investors. Track Smart Money conviction in CDNA. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — CDNA

Based on 191 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CDNA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
191 funds currently hold this stock — 91% of the 3.0-year high of 209 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CDNA is almost the same as a year ago (-6 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 54% buying

103 buying87 selling
Last quarter: 103 funds bought or added vs 87 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new CDNA position: 40 → 24 → 35 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

65% conviction (2yr+) 18% medium 16% new
125 out of 191 hedge funds have held CDNA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+26% value, -2% shares)

Value
+26%
Shares
-2%
Last quarter: total value of institutional CDNA holdings rose +26% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

35 → 40 → 24 → 35 → 41 new funds/Q
New funds entering each quarter: 40 → 24 → 35 → 41. A growing number of institutions are discovering CDNA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 72% of holders stayed 2+ years

72% veterans 8% 1-2yr 20% new
Of 193 current holders: 138 (72%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
35 of 191 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CDNA

How many hedge funds hold CDNA — quarterly history vs. share price
Quarterly hedge fund ownership of CDNA vs. share price

Market Analysis: CDNA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CDNA

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

40 top-rated funds 1 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: CDNA
2026 Q1 Stats Unlock in 22 days 193 + Investors

Track Smart Money conviction in CDNA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 193 181 6.63%
13F Shares 51M 52M -2.39%
Total Value $954M $755M 26.45%
New Positions 41 36 +5
Increased Positions 67 62 +5
Closed Positions 26 43 -17
Reduced Positions 63 66 -3
Total Calls 2 3 -33.33%
Total Puts 0 2 -100.0%
PUT/CALL Ratio 0.0 0.67 Bullish

Statistics: CDNA

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

193 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CDNA. Verified SEC 13F-HR filings.

Top 23 institutional holders of CDNA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 GAGNON SECURITIES LLC 7.06% 1,761,874 $30.6M
2 Gagnon Advisors, LLC 6.81% 532,892 $9.3M
3 1492 Capital Management LLC 0.08% 12,534 $218K
4 ARS Investment Partners, LLC 0.07% 77,235 $1.3M
5 ARMSTRONG HENRY H ASSOCIATES INC 0.03% 16,036 $278K
6 PROFUND ADVISORS LLC 0.02% 35,217 $611K
7 Y-Intercept (Hong Kong) Ltd 0.01% 41,294 $717K
8 EXCHANGE TRADED CONCEPTS, LLC 0.01% 44,296 $769K
9 GAMMA Investing LLC 0.00% 2,476 $43K
10 Versant Capital Management, Inc 0.00% 958 $17K
11 TRUST CO OF TOLEDO NA /OH/ 0.00% 800 $14K
12 Janney Montgomery Scott LLC 0.00% 18,208
13 True Wealth Design, LLC 0.00% 152 $3K
14 State of Alaska, Department of Revenue 0.00% 3,010
15 SG Americas Securities, LLC 0.00% 29,949
16 HARBOR INVESTMENT ADVISORY, LLC 0.00% 400 $7K
17 Root Financial Partners, LLC 0.00% 294 $5K
18 Farther Finance Advisors, LLC 0.00% 821 $15K
19 Fortitude Family Office, LLC 0.00% 29
20 Sterling Capital Management LLC 0.00% 327 $6K
21 IFP Advisors, Inc 0.00% 110 $2K
22 SJS Investment Consulting Inc. 0.00% 12
23 TD PRIVATE CLIENT WEALTH LLC 0.00% 42
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CAREDX INC (CDNA)

What does the Smart Money Trend signal show for CDNA?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CDNA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CDNA?

Slight buying edge — 54% buying: Last quarter: 103 funds bought or added vs 87 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CDNA holders?

Strong quality — 28% AUM from major funds: 35 of 191 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CDNA?

65% of holders stayed for 2+ years: 125 out of 191 hedge funds have held CDNA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.