MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Takes $128.77 Million Position in Cadence Design Systems, Inc.

The firm purchased 366,676 shares of the software maker's stock.

Mar. 17, 2026 at 10:53am

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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Cadence Design Systems, Inc. (NASDAQ:CDNS) during the 3rd quarter, according to the company's disclosure with the Securities and Exchange Commission. The firm purchased 366,676 shares of the software maker's stock, valued at approximately $128,767,000.

Why it matters

This investment by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. in Cadence Design Systems, a leading provider of electronic design automation software, highlights the firm's confidence in the company's growth potential and the broader semiconductor industry.

The details

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 0.13% of Cadence Design Systems. The investment was part of a broader trend, as other institutional investors and hedge funds also recently added to or reduced their stakes in the company during the third quarter.

  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased the shares in the 3rd quarter of 2026.

The players

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

An investment management firm that purchased a new position in Cadence Design Systems, Inc.

Cadence Design Systems, Inc.

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

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The takeaway

This investment highlights the continued strong demand for Cadence Design Systems' products and services, as the company's software remains essential for the design and development of cutting-edge semiconductor technologies.