Joel Greenblatt's CDNS Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 111,882 shares of Cadence Design Systems, Inc. (CDNS) worth $39.3 M, representing 0.17% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in CDNS, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2013, adding 189,771 shares. Largest reduction occurred in Q2 2014, reducing 218,148 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Cadence Design Systems (CDNS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cadence Design Systems (CDNS) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +256,678 | Add 0.00% | 256,677 | $14.48 |
| Q3 2013 | +189,771 | Add 73.93% | 446,448 | $13.51 |
| Q4 2013 | -116,025 | Reduce 25.99% | 330,423 | $14.02 |
| Q1 2014 | -81,136 | Reduce 24.56% | 249,287 | $15.54 |
| Q2 2014 | -218,148 | Reduce 87.51% | 31,139 | $17.50 |
| Q3 2014 | +417 | Add 1.34% | 31,556 | $17.21 |
| Q4 2014 | -31,556 | Sold Out | 31,556 | $0.00 |
| Q1 2015 | +54,626 | New Buy | 54,626 | $18.43 |
| Q2 2015 | -54,626 | Sold Out | 54,626 | $0.00 |
| Q1 2016 | +113,561 | New Buy | 113,561 | $23.58 |
| Q2 2016 | -95,194 | Reduce 83.83% | 18,367 | $24.28 |
| Q3 2016 | -7,386 | Reduce 40.21% | 10,981 | $25.50 |
| Q4 2016 | +60,480 | Add 550.77% | 71,461 | $25.22 |
| Q1 2017 | -24,245 | Reduce 33.93% | 47,216 | $31.41 |
| Q2 2017 | -12,163 | Reduce 25.76% | 35,053 | $33.49 |
| Q3 2017 | +47,060 | Add 134.25% | 82,113 | $39.47 |
| Q4 2017 | +186,603 | Add 227.25% | 268,716 | $41.82 |
| Q1 2018 | +22,209 | Add 8.26% | 290,925 | $36.77 |
| Q2 2018 | -215,423 | Reduce 74.05% | 75,502 | $43.31 |
| Q3 2018 | -5,425 | Reduce 7.19% | 70,077 | $45.32 |
| Q4 2018 | -47,214 | Reduce 67.37% | 22,863 | $43.48 |
| Q1 2019 | +23,507 | Add 102.82% | 46,370 | $63.51 |
| Q2 2019 | +73,813 | Add 159.18% | 120,183 | $70.81 |
| Q3 2019 | +35,542 | Add 29.57% | 155,725 | $66.08 |
| Q4 2019 | -132,064 | Reduce 84.81% | 23,661 | $69.35 |
| Q1 2020 | -18,911 | Reduce 79.92% | 4,750 | $66.11 |
| Q2 2020 | +35,813 | Add 753.96% | 40,563 | $95.95 |
| Q3 2020 | +13,030 | Add 32.12% | 53,593 | $106.64 |
| Q4 2020 | -4,256 | Reduce 7.94% | 49,337 | $136.43 |
| Q1 2021 | -9,551 | Reduce 19.36% | 39,786 | $136.98 |
| Q2 2021 | -6,372 | Reduce 16.02% | 33,414 | $136.83 |
| Q3 2021 | -6,492 | Reduce 19.43% | 26,922 | $151.44 |
| Q4 2021 | +1,632 | Add 6.06% | 28,554 | $186.35 |
| Q1 2022 | -3,096 | Reduce 10.84% | 25,458 | $164.47 |
| Q2 2022 | -4,080 | Reduce 16.03% | 21,378 | $150.01 |
| Q3 2022 | +8,821 | Add 41.26% | 30,199 | $163.42 |
| Q4 2022 | -10,238 | Reduce 33.90% | 19,961 | $160.64 |
| Q1 2023 | +813 | Add 4.07% | 20,774 | $210.09 |
| Q2 2023 | +4,866 | Add 23.42% | 25,640 | $234.52 |
| Q3 2023 | +3,567 | Add 13.91% | 29,207 | $234.30 |
| Q4 2023 | +1,551 | Add 5.31% | 30,758 | $272.37 |
| Q1 2024 | -104 | Reduce 0.34% | 30,654 | $311.28 |
| Q2 2024 | +8,944 | Add 29.18% | 39,598 | $307.75 |
| Q3 2024 | +34,621 | Add 87.43% | 74,219 | $271.03 |
| Q4 2024 | +34,905 | Add 47.03% | 109,124 | $300.46 |
| Q1 2025 | +18,851 | Add 17.27% | 127,975 | $254.33 |
| Q2 2025 | -5,241 | Reduce 4.10% | 122,734 | $308.15 |
| Q3 2025 | -10,852 | Reduce 8.84% | 111,882 | $351.26 |
Joel Greenblatt's Cadence Design Systems Investment FAQs
Joel Greenblatt first purchased Cadence Design Systems, Inc. (CDNS) in Q2 2013, acquiring 256,677 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Cadence Design Systems, Inc. (CDNS) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Cadence Design Systems, Inc. (CDNS) was in Q2 2013, adding 256,677 shares worth $3.72 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 111,882 shares of Cadence Design Systems, Inc. (CDNS), valued at approximately $39.3 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Cadence Design Systems, Inc. (CDNS) represents approximately 0.17% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's peak holding in Cadence Design Systems, Inc. (CDNS) was 446,448 shares, as reported at the end of Q3 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.