L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
41
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 22 listed it in both
Shares listed
39,385,939
combined, among listed positions
Reported value
$12.3bn
combined, at the quarter end

Among the 92 comparable managers: 27 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +8,221,206.

Managers listing CDNS in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

41 of 41 holders

ActionFiling
Fidelity (FMR LLC)9,883,842$3.1bn0.16%Added+458,57217 Feb 2026 (the filing on sec.gov)
Invesco Ltd8,970,902$2.8bn0.26%Added+6,028,15619 Feb 2026 (the filing on sec.gov)
MFS Investment Management4,794,286$1.5bn0.48%Trimmed-520,12122 Jan 2026 (the filing on sec.gov)
AllianceBernstein LP3,962,737$1.2bn0.39%Trimmed-655,59517 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd2,661,371$832m0.37%Trimmed-194,93717 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,553,225$798m0.14%Added+1,751,29017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc911,545$285munder 0.1%Trimmed-708,19317 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP620,592$194m0.22%Added+530,59217 Feb 2026 (the filing on sec.gov)
Man Group PLC597,455$187m0.32%Added+305,46917 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP449,324$140m0.20%Added+154,41217 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC436,744$137m0.15%Added+423,05813 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP430,737$135m0.08%Added+82,23513 Feb 2026 (the filing on sec.gov)
Artisan Partners LP328,118$103m0.15%Trimmed-115,10117 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC320,939$100munder 0.1%Added+143,22517 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP312,997$98m0.21%Added+75,51717 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.307,843$96m0.05%Added+300,05217 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC297,888$93munder 0.1%Added+218,48112 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP250,000$78m0.26%Added+99,63313 Feb 2026 (the filing on sec.gov)
Dodge & Cox237,363$74munder 0.1%Trimmed-3,16213 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP212,500$66m0.06%Held013 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp154,837$48m0.09%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP109,867$34munder 0.1%Added+4,43317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC109,754$34munder 0.1%Added+18,85717 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP106,560$33m0.06%Added+88,56017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC92,015$29munder 0.1%Added+4,40917 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
27 in Q3 2024 to 22 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CDNS by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20139$1.2bnn.a.n.a.
Q3 201311$1.1bnn.a.n.a.
Q4 20138$1.2bnn.a.n.a.
Q1 20149$1.3bnn.a.n.a.
Q2 201413$1.6bnn.a.n.a.
Q3 201411$1.6bnn.a.n.a.
Q4 201410$1.7bnn.a.n.a.
Q1 201511$1.4bnn.a.n.a.
Q2 201512$1.4bnn.a.n.a.
Q3 201511$1.6bnn.a.n.a.
Q4 201514$1.3bnn.a.n.a.
Q1 201616$1.2bnn.a.n.a.
Q2 201613$1.0bnn.a.n.a.
Q3 201611$1.2bnn.a.n.a.
Q4 20169$1.1bnn.a.n.a.
Q1 201717$1.6bnn.a.n.a.
Q2 201715$2.3bnn.a.n.a.
Q3 201718$2.7bnn.a.n.a.
Q4 201718$2.4bnn.a.n.a.
Q1 201821$2.1bnn.a.n.a.
Q2 201821$2.9bnn.a.n.a.
Q3 201825$2.8bnn.a.n.a.
Q4 201821$2.5bnn.a.n.a.
Q1 201922$3.8bnn.a.n.a.
Q2 201921$3.8bnn.a.n.a.
Q3 201924$3.6bnn.a.n.a.
Q4 201920$3.6bnn.a.n.a.
Q1 202019$3.4bnn.a.n.a.
Q2 202016$4.5bnn.a.n.a.
Q3 202024$4.8bnn.a.n.a.
Q4 202012$5.7bnn.a.n.a.
Q1 202112$6.2bnn.a.n.a.
Q2 202118$6.3bnn.a.n.a.
Q3 202119$6.8bnn.a.n.a.
Q4 202118$8.0bnn.a.n.a.
Q1 202226$7.8bnn.a.n.a.
Q2 202223$6.9bnn.a.n.a.
Q3 202227$7.8bnn.a.n.a.
Q4 202226$7.1bnn.a.n.a.
Q1 202327$9.3bnn.a.n.a.
Q2 202337$11.5bnn.a.n.a.
Q3 202329$11.2bnn.a.n.a.
Q4 202333$11.7bn1320
Q1 202426$12.5bn722
Q2 202425$11.4bn1116
Q3 202427$9.2bn1613
Q4 202424$9.8bn1114
Q1 202526$8.7bn1810
Q2 202526$8.8bn1316
Q3 202525$10.7bn1411
Q4 202529$12.0bn2716
Q1 202628$11.4bn2121
Q2 202622$13.8bn1825

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

CDNS and GOOGL →CDNS and AMZN →CDNS and MSFT →Choose a stock to compare with CDNS →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own CDNS, latest filings →Back to the 13F Explorer →