Groupe la Francaise Cuts Medtronic Stake, Reduces Cadence Design Systems Holding

In its most recent Form 13F filing for the first quarter, the institutional investor Groupe la Francaise lowered its position in Cadence Design Systems, Inc. by 12.3%, selling 3,115 shares and ending the period with 22,240 shares valued at roughly $6.2 million. The same filing shows the firm almost entirely exited Medtronic PLC, disposing of 110,171 shares and retaining only 345 shares worth about $30 000, a decline of 99.7%.

Other investors also adjusted their holdings in both companies during the quarter, but the notable change reported by Groupe la Francaise highlights a strategic shift away from these technology and medical‑device stocks.