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Institutional Investors Cut Stakes in Cadence Design Systems and Comfort Systems USA
Walter Public Investments Inc. trimmed its holding in Cadence Design Systems, Inc. by 36.8% in Q1, selling 19,660 shares and ending the quarter with 33,718 shares worth about $9.37 million, representing roughly 2.2% of its portfolio. Other institutional investors made modest purchases in Cadence during the same period.
Dividend Assets Capital LLC reduced its position in Comfort Systems USA, Inc. by 30.2% in Q1, selling 3,268 shares and retaining 7,566 shares valued at about $10.43 million, or 2.1% of its holdings. Several other funds increased their stakes in Comfort Systems during the quarter.