Montag A & Associates Boosts Cadence Design Systems Stake

Institutional investor increases holdings in semiconductor design software company

Mar. 5, 2026 at 11:42am

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Montag A & Associates Inc., an investment management firm, significantly increased its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) during the third quarter, according to a recent SEC filing. The firm added 7,482 shares, bringing its total holdings in the semiconductor design software company to 8,907 shares worth $3.1 million.

Why it matters

Cadence Design Systems is a leading provider of electronic design automation (EDA) software and hardware used by semiconductor companies, original equipment manufacturers, and system designers globally. The increase in Montag A & Associates' stake suggests the firm sees value in Cadence's business and growth prospects.

The details

According to the 13F filing, Montag A & Associates grew its position in Cadence Design Systems by 525.1% during the third quarter. The firm now owns 8,907 shares of the software maker's stock, up from 1,425 shares held previously. Cadence Design Systems' stock has seen volatility in recent months, trading between a 52-week low of $221.56 and a high of $376.45.

  • Montag A & Associates increased its Cadence Design Systems stake during the third quarter of 2026.

The players

Montag A & Associates Inc.

An investment management firm that significantly increased its stake in Cadence Design Systems, Inc.

Cadence Design Systems, Inc.

A global provider of electronic design automation (EDA) software, hardware, and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs), and packaging.

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The takeaway

The increase in Montag A & Associates' stake in Cadence Design Systems suggests the firm sees value in the semiconductor design software company's business and growth potential, even as the stock has experienced volatility in recent months.