Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cadence Design System Inc (CDNS)

1K + Investors. Track Smart Money conviction in CDNS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +108
Streak
1Q ▲
Buyers last Q
56%

Smart Money Signals — CDNS

Based on 1508 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CDNS 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,508 hedge funds hold CDNS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+196 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

853 buying662 selling
Last quarter: 853 funds bought or added vs 662 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 (+66 vs last Q)

new funds entering per quarter
Funds opening a new CDNS position: 183 → 215 → 166 → 232. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 21% medium ■ 20% new
879 out of 1,508 hedge funds have held CDNS 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.
💎

Buying through price weakness — shares +75%, value +49%

Value
+48%
Shares
+74%
Last quarter: funds added +75% more shares while total portfolio value only changed +49%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~232 new funds/quarter

211 → 183 → 215 → 166 → 232 new funds/Q
New funds entering each quarter: 183 → 215 → 166 → 232. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 24% newcomers

■ 62% veterans ■ 14% 1-2yr ■ 24% new
Entry-cohort mix of 1,569 holders: 974 (62%) are 2+ year veterans, 226 entered 1–2 years ago, and 369 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 64% AUM from top-100 funds

64% from top-100 AUM funds
72 of 1497 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in CDNS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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.

Institutional Sentiment Summary — CDNS

In 2026 Q2, 853 hedge funds were net buyers of CDNS (232 opened a new position, 621 added to an existing one), while 662 reduced or exited (538 trimmed, 124 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 64% of total institutional value in CDNS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +108 funds (more new holders than closures). Total institutional holders: 1508.

Hedge Fund Ownership: CDNS

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

Market Analysis: CDNS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CDNS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cadence Design System Inc (CDNS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CDNS has moved relative to its sector benchmark (XLK) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 82d ago
CDNS
-24.6%
XLK
-0.5%

CDNS outperformed XLK by -24.1% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 37d ago
CDNS
-12.9%
XLK
-0.2%

Since the filing became public, CDNS outperformed XLK by -12.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

48 top-rated funds 17 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
5.5
/ 10
conviction
Hedge Fund Positioning: CDNS
1K + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 1480 1400 5.71%
13F Shares 252M 233M 8.1%
Total Value $92.37B $62.44B 47.93%
New Positions 225 166 +59
Increased Positions 604 534 +70
Closed Positions 134 190 -56
Reduced Positions 516 548 -32
Total Calls 39 27 44.44%
Total Puts 31 26 19.23%
PUT/CALL Ratio 0.79 0.96 Neutral

Statistics: CDNS

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

1K + investors

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

QUARTER:
Top 25 CDNS holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Settian Capital LP 11.16% 46,300 $17.4M
2 Manchester Global Management (UK) Ltd 5.93% 143,150 $53.7M
3 Stonehage Fleming Financial Services Holdings Ltd 5.45% 425,983 $159.9M
4 Cypress Funds LLC 5.41% 77,466 $21.5M
5 Seilern Investment Management Ltd 5.41% 114,321 $42.9M
6 Navera Investment Management Ltd. 5.37% 533,653 $200.3M
7 Wormser Freres Gestion 5.28% 25,056 $9.3M
8 Lountzis Asset Management, LLC 5.21% 43,843 $16.5M
9 NZS Capital, LLC 4.91% 504,782 $189.5M
10 Local Pensions Partnership Investment Ltd 4.75% 602,828 $226.2M
11 Bornite Capital Management LP 4.72% 100,000 $37.5M
12 Mirova 3.76% 271,512 $101.9M
13 Spyglass Capital Management LLC 3.20% 157,335 $59.1M
14 E20 Capital Ltd 3.17% 104,733 $39.3M
15 Baer Investment Advisory LLC 3.16% 9,990 $3.8M
16 Firetrail Investments Pty Ltd 3.06% 29,116 $10.9M
17 EULAV Asset Management 2.93% 244,300 $91.7M
18 Axecap Investments, LLC 2.88% 13,857 $5.2M
19 Dock Street Asset Management Inc 2.87% 82,794 $31.1M
20 Tensor Edge Capital, LLC 2.85% 114,500 $43.0M
21 Jensen Investment Management Inc 2.81% 308,555 $115.8M
22 Robocap Asset Management Ltd 2.80% 9,260 $3.5M
23 Vienna Asset Management LLC 2.71% 10,317 $3.9M
24 Eos Management, L.P. 2.67% 17,962 $6.7M
25 SwitchPoint Financial Planning, LLC 2.24% 10,354 $3.9M
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 — Cadence Design System Inc (CDNS)

What does the Smart Money Trend signal show for CDNS?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CDNS 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 CDNS?

Slight buying edge — 56% buying: Last quarter: 853 funds bought or added vs 662 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 CDNS holders?

Elite ownership — 64% AUM from top-100 funds: 72 of 1497 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in CDNS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CDNS?

58% of holders stayed for 2+ years: 879 out of 1,508 hedge funds have held CDNS 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.

Is it too late to buy Cadence Design System Inc (CDNS) following the 2026 Q2 hedge fund 13F filings?

As of today, CDNS has moved -12.9% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.2% for the XLK sector ETF — an outperformance of -12.7%. Since the quarter end (June 30, 2026), CDNS has gained -24.6% vs -0.5% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Full history →