Wealth Firm Reduces Stake in Cadence Design Systems

Wealth Enhancement Advisory Services LLC sold over 8,500 shares of the software company in Q4 2025.

Mar. 28, 2026 at 11:22am

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Wealth Enhancement Advisory Services LLC, a financial advisory firm, decreased its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 20.9% in the fourth quarter of 2025, according to a recent SEC filing. The firm sold 8,529 shares of the software maker, leaving it with 32,272 shares valued at $10.2 million.

Why it matters

Cadence Design Systems is a major player in the electronic design automation (EDA) software industry, providing tools and solutions used by semiconductor companies, equipment manufacturers, and system designers globally. Changes in institutional ownership of CDNS stock can signal shifts in market sentiment around the company's performance and future prospects.

The details

In its 13F filing, Wealth Enhancement Advisory Services reported selling 8,529 shares of Cadence Design Systems during Q4 2025. This reduced the firm's total holdings in CDNS to 32,272 shares, worth approximately $10.2 million. The filing indicates Wealth Enhancement Advisory Services' position in Cadence Design Systems declined by 20.9% over the quarter.

  • Wealth Enhancement Advisory Services filed its 13F report for Q4 2025 on March 28, 2026.
  • The firm sold 8,529 shares of Cadence Design Systems during the fourth quarter of 2025.

The players

Wealth Enhancement Advisory Services LLC

A financial advisory firm that manages investments and provides wealth management services.

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

This reduction in Wealth Enhancement Advisory Services' Cadence Design Systems holdings could signal a shift in market sentiment around the EDA software company, though more context would be needed to determine the firm's broader investment strategy and outlook on Cadence's business performance.