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
↓ -27
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — CDNS

Based on 1396 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CDNS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
1,396 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
+185 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.
🟠

More sellers than buyers — 49% buying

710 buying751 selling
Last quarter: 751 funds reduced or exited vs 710 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-49 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 210 → 183 → 213 → 164. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 22% medium ■ 18% new
833 out of 1,396 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.
➡️

Steady discovery — ~164 new funds/quarter

133 → 210 → 183 → 213 → 164 new funds/Q
New funds entering each quarter: 210 → 183 → 213 → 164. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 63% veterans vs 23% newcomers

■ 63% veterans ■ 14% 1-2yr ■ 23% new
Entry-cohort mix of 1,444 holders: 905 (63%) are 2+ year veterans, 209 entered 1–2 years ago, and 330 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
66 of 1390 holders are among the 100 largest funds by AUM, controlling 51% 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 Q1, 710 hedge funds were net buyers of CDNS (164 opened a new position, 546 added to an existing one), while 751 reduced or exited (560 trimmed, 191 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 51% of total institutional value in CDNS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -27 funds (more exits than new entries). Total institutional holders: 1396.

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 Q1 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 March 31, 2026 · 76d ago
CDNS
+38.5%
XLK
+39.1%

CDNS outperformed XLK by -0.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
CDNS
+10.9%
XLK
+4.8%

Since the filing became public, CDNS outperformed XLK by +6.1% .

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.

82 top-rated funds 13 high-conviction
Consensus
8.3
/ 10
breadth
×
Elite
4.7
/ 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 Q1) Prior (2025 Q4) Change
Funds Holding 1388 1423 -2.46%
13F Shares 229M 239M -4.11%
Total Value $61.42B $73.06B -15.94%
New Positions 162 213 -51
Increased Positions 533 550 -17
Closed Positions 197 153 +44
Reduced Positions 542 504 +38
Total Calls 27 30 -10.0%
Total Puts 26 30 -13.33%
PUT/CALL Ratio 0.96 1.0 Neutral

Statistics: CDNS

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Valuation Measures Data as of: --

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

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Settian Capital LP 9.01% 46,300 $12.9M
2 Navera Investment Management Ltd. 5.34% 752,430 $209.0M
3 NZS Capital, LLC 4.89% 527,423 $146.6M
4 Spyglass Capital Management LLC 4.88% 233,347 $64.8M
5 Seilern Investment Management Ltd 4.83% 145,672 $40.5M
6 Tensor Edge Capital, LLC 4.80% 100,500 $27.9M
7 Stonehage Fleming Financial Services Holdings Ltd 4.65% 459,479 $127.7M
8 Lountzis Asset Management, LLC 4.51% 44,229 $12.3M
9 Local Pensions Partnership Investment Ltd 4.01% 668,500 $185.7M
10 Manchester Global Management (UK) Ltd 3.46% 93,150 $25.9M
11 Talos Eurisko Asset Management LP 3.42% 71,990 $20.0M
12 Robocap Asset Management Ltd 2.81% 9,455 $2.6M
13 Jensen Investment Management Inc 2.77% 505,861 $140.6M
14 Liontrust Investment Partners LLP 2.63% 566,776 $177.2M
15 Mirova 2.62% 232,032 $64.5M
16 Vienna Asset Management LLC 2.59% 12,017 $3.3M
17 Dock Street Asset Management Inc 2.40% 82,081 $22.8M
18 Ithaka Group LLC 2.34% 40,636 $11.3M
19 Walter Public Investments Inc. 2.24% 33,718 $9.4M
20 EULAV Asset Management 2.17% 244,300 $67.9M
21 Legacy Financial Independent Advisors LLC 2.16% 14,930 $4.1M
22 SwitchPoint Financial Planning, LLC 1.95% 10,350 $2.9M
23 Freemont Management S.A. 1.91% 45,300 $12.6M
24 Lgt Capital Partners LTD. 1.88% 127,342 $35.4M
25 Carderock Capital Management Inc 1.87% 27,308 $7.6M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CDNS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CDNS?

More sellers than buyers — 49% buying: Last quarter: 751 funds reduced or exited vs 710 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CDNS holders?

Elite ownership — 51% AUM from top-100 funds: 66 of 1390 holders are among the 100 largest funds by AUM, controlling 51% 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?

60% of holders stayed for 2+ years: 833 out of 1,396 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 Q1 hedge fund 13F filings?

As of today, CDNS has moved +10.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of +6.1%. Since the quarter end (March 31, 2026), CDNS has gained +38.5% vs +39.1% 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.

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