State of Alaska Reduces Stake in Cadence Design Systems

Alaska's Department of Revenue cuts holdings in the software company by 7.2% in Q4 2025

Apr. 14, 2026 at 10:38am

Got story updates? Submit your updates here. ›

An extreme close-up of complex, interlocking banking and financial machinery in shades of gunmetal grey, steel blue, and black, conceptually representing the institutional power and security of the global financial system.A close-up view of the intricate inner workings of the financial industry, reflecting the institutional forces shaping investment decisions.San Jose Today

The State of Alaska Department of Revenue has decreased its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 7.2% in the fourth quarter of 2025. The institutional investor now owns 27,106 shares of the software maker's stock, valued at $8,472,000 as of its most recent SEC filing.

Why it matters

This reduction in holdings by a major institutional investor like the State of Alaska Department of Revenue could signal broader shifts in investor sentiment around Cadence Design Systems, a leading provider of electronic design automation software and tools. The stock's performance and valuation will be closely watched by the market.

The details

According to the report, the State of Alaska Department of Revenue sold 2,090 shares of Cadence Design Systems stock during the fourth quarter. This represents a 7.2% decrease in the department's total position in the company. Cadence Design Systems is a global provider of electronic design automation software, hardware, and intellectual property used by semiconductor companies, OEMs, and system designers around the world.

  • The State of Alaska Department of Revenue's reduced stake in Cadence Design Systems was reported in a Q4 2025 SEC filing.

The players

State of Alaska Department of Revenue

The state government agency responsible for managing Alaska's financial assets and investments.

Cadence Design Systems, Inc.

A global provider of electronic design automation software, hardware, and intellectual property used by semiconductor companies, OEMs, and system designers.

Got photos? Submit your photos here. ›

The takeaway

This reduction in holdings by a major state-level institutional investor like the Alaska Department of Revenue could signal broader shifts in investor sentiment around Cadence Design Systems. The company's stock performance and valuation will be closely watched by the market as it navigates the evolving electronic design automation landscape.