Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CIDARA THERAPEUTICS INC (CDTX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +85
Streak
7Q ▲
Buyers last Q
67%

Smart Money Signals — CDTX

Based on 244 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added CDTX 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
244 hedge funds hold CDTX 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.
🚀

Fast accumulation — +526% more funds vs a year ago

fund count last 6Q
+205 new funds entered over the past year (+526% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 67% buying

198 buying96 selling
Last quarter: 198 funds were net buyers (133 opened a brand new position + 65 added to an existing one). Only 96 were sellers (48 trimmed + 48 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+68 vs last Q)

new funds entering per quarter
Funds opening a new CDTX position: 8 → 69 → 65 → 133. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 82% entered in last year

■ 3% conviction (2yr+) ■ 16% medium ■ 82% new
Only 7 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +151% but shares only +9% — price-driven

Value
+151%
Shares
+9%
Last quarter: the total dollar value of institutional holdings rose +151%, but actual share count only changed +9%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

16 → 8 → 69 → 65 → 133 new funds/Q
New funds entering each quarter: 8 → 69 → 65 → 133. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 88% of holders entered in last year

■ 5% veterans ■ 7% 1-2yr ■ 88% new
Of 267 current holders: 234 (88%) entered in the past year, only 13 (5%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
33 of 244 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
7.0
out of 10
High Exit Risk
Exit risk score 7.0/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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: CDTX

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

Market Analysis: CDTX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CDTX

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

37 top-rated funds 7 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: CDTX
2026 Q1 Stats Unlock in 22 days 267 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 267 171 56.14%
13F Shares 37M 34M 9.0%
Total Value $8.07B $3.21B 151.31%
New Positions 144 69 +75
Increased Positions 76 66 +10
Closed Positions 49 12 +37
Reduced Positions 62 44 +18
Total Calls 17 7 142.86%
Total Puts 15 5 200.0%
PUT/CALL Ratio 0.88 0.71 Neutral

Statistics: CDTX

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 Q1)

267 + investors

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

Top 25 institutional holders of CDTX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Spruce Street Capital LP 16.95% 232,269 $51.3M
2 Velan Capital Investment Management LP 13.89% 108,404 $23.9M
3 Vivo Capital, LLC 13.66% 956,670 $211.3M
4 ACUTA CAPITAL PARTNERS, LLC 13.37% 89,145 $19.7M
5 Beryl Capital Management LLC 11.69% 522,138 $115.3M
6 SUPERSTRING CAPITAL MANAGEMENT LP 10.06% 85,098 $18.8M
7 FNY Investment Advisers, LLC 9.07% 145,533 $32.1M
8 Decagon Asset Management LLP 8.49% 100,000 $22.1M
9 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 8.12% 315,474 $69.7M
10 RA CAPITAL MANAGEMENT, L.P. 7.62% 3,365,523 $743.4M
11 CIBRA Capital Ltd 7.10% 18,713 $4.1M
12 Sand Grove Capital Management LLP 6.05% 80,821 $17.9M
13 Chicago Capital Management, LLC 5.56% 49,000 $8.2M
14 Ikarian Capital, LLC 5.17% 300,000 $66.3M
15 Ikarian Capital, LLC 4.71% 273,243 $60.4M
16 Darwin Global Management, Ltd. 4.46% 997,196 $220.2M
17 NEXPOINT ASSET MANAGEMENT, L.P. 4.31% 279,900 $61.8M
18 Paradigm Biocapital Advisors LP 4.28% 759,565 $167.8M
19 EQUITEC PROPRIETARY MARKETS, LLC 4.21% 33,200 $7.3M
20 Logos Global Management LP 4.14% 310,000 $68.5M
21 Resolute Capital Asset Partners LLC 3.98% 37,315 $8.2M
22 Slotnik Capital, LLC 3.92% 76,245 $16.8M
23 GLAZER CAPITAL, LLC 3.78% 650,191 $143.6M
24 HARVEST MANAGEMENT LLC 3.72% 52,500 $11.6M
25 EQUITEC PROPRIETARY MARKETS, LLC 3.65% 28,787 $6.4M
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 — CIDARA THERAPEUTICS INC (CDTX)

What does the Smart Money Trend signal show for CDTX?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added CDTX 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 CDTX?

More buyers than sellers — 67% buying: Last quarter: 198 funds were net buyers (133 opened a brand new position + 65 added to an existing one). Only 96 were sellers (48 trimmed + 48 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CDTX holders?

Strong quality — 22% AUM from major funds: 33 of 244 holders rank in the top 100 by AUM, accounting for 22% 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 CDTX?

Mostly new holders — 82% entered in last year: Only 7 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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.