Patton Fund Management Trims Cadence Design Systems Holdings

The investment firm reduced its stake in the software maker by over a quarter in the fourth quarter.

Apr. 14, 2026 at 12:23pm

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Patton Fund Management Inc. cut its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 26.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,245 shares of the software maker's stock after selling 3,749 shares during the quarter. Patton Fund Management Inc.'s holdings in Cadence Design Systems were worth $3,202,000 as of its most recent SEC filing.

Why it matters

Cadence Design Systems is a major player in the electronic design automation (EDA) software market, providing tools used by semiconductor companies and system designers globally. Institutional investors' trading activity in the stock can signal broader trends in the industry and investor sentiment around the company's performance.

The details

According to the 13F filing, Patton Fund Management reduced its position in Cadence Design Systems during the fourth quarter of 2025. The firm sold 3,749 shares, leaving it with a total of 10,245 shares worth $3.2 million. Cadence Design Systems' stock price has fluctuated in recent quarters, with the share price closing at $288.20 on the latest trading day.

  • Patton Fund Management filed its 13F report for the fourth quarter of 2025 on April 14, 2026.
  • The firm reduced its Cadence Design Systems holdings during the fourth quarter of 2025.

The players

Patton Fund Management Inc.

An investment management firm that reduced its stake in Cadence Design Systems in the fourth quarter of 2025.

Cadence Design Systems, Inc.

A global provider of electronic design automation software, hardware, and intellectual property used in semiconductor and system design.

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The takeaway

Institutional investors' trading activity in Cadence Design Systems can provide insights into broader trends and sentiment around the company and the EDA software industry. This particular move by Patton Fund Management to trim its position suggests the firm may have a more cautious outlook on Cadence's near-term performance or the overall market environment.