Who owns CADE
Which tracked institutional funds hold CADE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CADE company fundamentals →
Ownership as of the 2025-Q4 13F filings (latest filed 2026-05-27). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
141 tracked funds added or opened CADE while 76 trimmed or exited it between 2025-Q3 and 2025-Q4 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CADE’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes CADE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CADE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q3 and 2025-Q4, across 415 tracked filers holding CADE, 184 increased or opened the position and 211 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CADE between the 2025-Q3 and 2025-Q4 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 48
- Pentwater Capital Management LP$267M
- WHITEBOX ADVISORS LLC$129M
- OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC)$125M
- AQR Arbitrage LLC$93M
- First Trust Capital Management L.P.$91M
- Glazer Capital, LLC$84M
Full exits 32
- North Reef Capital Management LP$265M
- Channing Capital Management, LLC$88M
- MACQUARIE GROUP LTD$75M
- Point72 Asset Management, L.P.$26M
- LOOMIS SAYLES & CO L P$16M
- Ranger Investment Management, L.P.$14M
Largest adds
- Balyasny Asset Management L.P.$149M
- VANGUARD GROUP INC$97M
- ALLIANCEBERNSTEIN L.P.$94M
- BlackRock, Inc.$90M
- GOLDMAN SACHS GROUP INC$70M
- DIMENSIONAL FUND ADVISORS LP$53M
Largest trims
- WELLINGTON MANAGEMENT GROUP LLP$241M
- T. Rowe Price Investment Management, Inc.$166M
- FMR LLC$92M
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$76M
- SILVERCREST ASSET MANAGEMENT GROUP LLC$66M
- Fisher Asset Management, LLC$23M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| VANGUARD GROUP INC trimmed | 20,026,547 | $858M | 12.2% | 2025-Q4 |
| BlackRock, Inc. trimmed | 17,969,408 | $770M | 10.9% | 2025-Q4 |
| DIMENSIONAL FUND ADVISORS LP added | 9,847,224 | $422M | 6.0% | 2025-Q4 |
| STATE STREET CORP trimmed | 8,839,696 | $381M | 5.4% | 2025-Q4 |
| Pentwater Capital Management LP new | 6,230,000 | $267M | 3.8% | 2025-Q4 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 6,173,767 | $264M | 3.7% | 2025-Q4 |
| FMR LLC trimmed | 4,927,404 | $211M | 3.0% | 2025-Q4 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,626,569 | $198M | 2.8% | 2025-Q4 |
| GOLDMAN SACHS GROUP INC added | 3,891,385 | $167M | 2.4% | 2025-Q4 |
| Balyasny Asset Management L.P. added | 3,675,033 | $157M | 2.2% | 2025-Q4 |
| WHITEBOX ADVISORS LLC new | 3,000,001 | $129M | 1.8% | 2025-Q4 |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) new | 2,916,809 | $125M | 1.8% | 2025-Q4 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 2,664,785 | $114M | 1.6% | 2025-Q4 |
| ALLIANCEBERNSTEIN L.P. added | 2,534,892 | $109M | 1.5% | 2025-Q4 |
| NORTHERN TRUST CORP trimmed | 2,471,074 | $106M | 1.5% | 2025-Q4 |
| AQR Arbitrage LLC new | 2,179,665 | $93M | 1.3% | 2025-Q4 |
| FIRST TRUST ADVISORS LP trimmed | 2,171,915 | $93M | 1.3% | 2025-Q4 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 2,137,482 | $92M | 1.3% | 2025-Q4 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,125,473 | $91M | 1.3% | 2025-Q4 |
| First Trust Capital Management L.P. new | 2,112,573 | $91M | 1.3% | 2025-Q4 |
| Glazer Capital, LLC new | 1,959,734 | $84M | 1.2% | 2025-Q4 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 1,944,531 | $83M | 1.2% | 2025-Q4 |
| Bank of New York Mellon Corp added | 1,871,774 | $80M | 1.1% | 2025-Q4 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. new | 1,787,925 | $77M | 1.1% | 2025-Q4 |
| TORONTO DOMINION BANK new | 1,688,900 | $72M | 1.0% | 2025-Q4 |
| MORGAN STANLEY added | 1,582,463 | $68M | 1.0% | 2025-Q4 |
| NORGES BANK trimmed | 2,193,791 | $67M | 0.9% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,472,333 | $63M | 0.9% | 2025-Q4 |
| Cadence Bank added | 1,274,998 | $55M | 0.8% | 2025-Q4 |
| BANK OF AMERICA CORP /DE/ added | 1,183,550 | $51M | 0.7% | 2025-Q4 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 1,012,339 | $43M | 0.6% | 2025-Q4 |
| Polar Asset Management Partners Inc. added | 983,756 | $42M | 0.6% | 2025-Q4 |
| NEUBERGER BERMAN GROUP LLC added | 927,202 | $40M | 0.6% | 2025-Q4 |
| Boston Partners added | 845,976 | $36M | 0.5% | 2025-Q4 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 813,391 | $35M | 0.5% | 2025-Q4 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. trimmed | 798,680 | $34M | 0.5% | 2025-Q4 |
| BESSEMER GROUP INC added | 749,435 | $32M | 0.5% | 2025-Q4 |
| Nuveen, LLC trimmed | 718,940 | $31M | 0.4% | 2025-Q4 |
| PRINCIPAL FINANCIAL GROUP INC added | 701,052 | $30M | 0.4% | 2025-Q4 |
| Fisher Asset Management, LLC trimmed | 691,155 | $30M | 0.4% | 2025-Q4 |
| JPMORGAN CHASE & CO trimmed | 653,615 | $28M | 0.4% | 2025-Q4 |
| NFJ INVESTMENT GROUP, LLC added | 634,326 | $27M | 0.4% | 2025-Q4 |
| SOROS FUND MANAGEMENT LLC new | 597,348 | $26M | 0.4% | 2025-Q4 |
| UBS Group AG trimmed | 581,326 | $25M | 0.4% | 2025-Q4 |
| Sagefield Capital LP new | 578,203 | $25M | 0.4% | 2025-Q4 |
| T. Rowe Price Investment Management, Inc. trimmed | 575,152 | $25M | 0.3% | 2025-Q4 |
| RHUMBLINE ADVISERS trimmed | 572,776 | $25M | 0.3% | 2025-Q4 |
| Invesco Ltd. trimmed | 554,385 | $24M | 0.3% | 2025-Q4 |
| Allianz Asset Management GmbH added | 515,169 | $22M | 0.3% | 2025-Q4 |
| PICTON MAHONEY ASSET MANAGEMENT added | 505,100 | $22M | 0.3% | 2025-Q4 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 483,757 | $21M | 0.3% | 2025-Q4 |
| BARCLAYS PLC added | 471,326 | $20M | 0.3% | 2025-Q4 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 441,493 | $19M | 0.3% | 2025-Q4 |
| Bridgewater Associates, LP added | 436,720 | $19M | 0.3% | 2025-Q4 |
| Interval Partners, LP added | 430,330 | $18M | 0.3% | 2025-Q4 |
| Nicholas Hoffman & Company, LLC. | 406,743 | $17M | 0.2% | 2025-Q4 |
| CITADEL ADVISORS LLC trimmed | 392,988 | $17M | 0.2% | 2025-Q4 |
| KENNEDY CAPITAL MANAGEMENT LLC added | 391,355 | $17M | 0.2% | 2025-Q4 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 382,691 | $16M | 0.2% | 2025-Q4 |
| RAYMOND JAMES FINANCIAL INC trimmed | 382,671 | $16M | 0.2% | 2025-Q4 |
| California Public Employees Retirement System added | 376,584 | $16M | 0.2% | 2025-Q4 |
| Swiss National Bank added | 360,253 | $15M | 0.2% | 2025-Q4 |
| AMERIPRISE FINANCIAL INC trimmed | 359,022 | $15M | 0.2% | 2025-Q4 |
| Westchester Capital Management, LLC new | 328,564 | $14M | 0.2% | 2025-Q4 |
| Freestone Grove Partners LP trimmed | 311,017 | $13M | 0.2% | 2025-Q4 |
| WATER ISLAND CAPITAL LLC new | 297,603 | $13M | 0.2% | 2025-Q4 |
| Legal & General Group Plc trimmed | 278,329 | $12M | 0.2% | 2025-Q4 |
| Moody Aldrich Partners LLC trimmed | 277,915 | $12M | 0.2% | 2025-Q4 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 262,702 | $11M | 0.2% | 2025-Q4 |
| AMERICAN CENTURY COMPANIES INC added | 259,432 | $11M | 0.2% | 2025-Q4 |
| DEUTSCHE BANK AG\ trimmed | 258,608 | $11M | 0.2% | 2025-Q4 |
| Versor Investments LP added | 254,322 | $11M | 0.2% | 2025-Q4 |
| Retirement Systems of Alabama trimmed | 223,554 | $10M | 0.1% | 2025-Q4 |
| HSBC HOLDINGS PLC added | 220,628 | $9M | 0.1% | 2025-Q4 |
| WELLS FARGO & COMPANY/MN added | 216,754 | $9M | 0.1% | 2025-Q4 |
| TUDOR INVESTMENT CORP ET AL added | 214,835 | $9M | 0.1% | 2025-Q4 |
| Grantham, Mayo, Van Otterloo & Co. LLC new | 213,281 | $9M | 0.1% | 2025-Q4 |
| Birnam Oak Advisors, LP new | 210,338 | $9M | 0.1% | 2025-Q4 |
| Allspring Global Investments Holdings, LLC trimmed | 206,099 | $9M | 0.1% | 2025-Q4 |
| Hardy Reed LLC trimmed | 205,378 | $9M | 0.1% | 2025-Q4 |
| Rafferty Asset Management, LLC trimmed | 195,091 | $8M | 0.1% | 2025-Q4 |
| ProShare Advisors LLC trimmed | 192,443 | $8M | 0.1% | 2025-Q4 |
| MetLife Investment Management, LLC trimmed | 190,755 | $8M | 0.1% | 2025-Q4 |
| Verition Fund Management LLC trimmed | 190,079 | $8M | 0.1% | 2025-Q4 |
| CITIGROUP INC trimmed | 180,068 | $8M | 0.1% | 2025-Q4 |
| ABC ARBITRAGE SA new | 174,532 | $7M | 0.1% | 2025-Q4 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 173,710 | $7M | 0.1% | 2025-Q4 |
| North Reef Capital Management LP added | 7,055,000 | $265M | 3.8% | 2025-Q3 stale |
| Channing Capital Management, LLC trimmed | 2,336,873 | $88M | 1.2% | 2025-Q3 stale |
| MACQUARIE GROUP LTD added | 1,994,988 | $75M | 1.1% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 701,334 | $26M | 0.4% | 2025-Q3 stale |
| JUPITER ASSET MANAGEMENT LTD new | 522,143 | $17M | 0.2% | 2025-Q2 stale |
| LOOMIS SAYLES & CO L P added | 418,483 | $16M | 0.2% | 2025-Q3 stale |
| Ranger Investment Management, L.P. trimmed | 360,060 | $14M | 0.2% | 2025-Q3 stale |
| EMERALD ADVISERS, LLC added | 342,322 | $13M | 0.2% | 2025-Q3 stale |
| FIL Ltd added | 256,290 | $10M | 0.1% | 2025-Q3 stale |
| Trexquant Investment LP added | 282,328 | $9M | 0.1% | 2025-Q2 stale |
| Corebridge Financial, Inc. trimmed | 290,734 | $9M | 0.1% | 2025-Q1 stale |
| Man Group plc added | 226,743 | $9M | 0.1% | 2025-Q3 stale |
| EMERALD MUTUAL FUND ADVISERS TRUST added | 209,194 | $8M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.