What smart money is saying about Cadence Design Systems
2 funds in our archive have pitched Cadence Design Systems — most recently Rothschild & Co LongRun Equity in September 2025.
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
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Position history
Between Q1 2025 and Q3 2026, 6 fund letters reported a position in Cadence Design Systems — 2 opened or added to the position, 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q2 2026 | 4 | 2 | 1 | 0 |
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q1 2025 | 0 | 0 | 0 | 1 |
Fund activity · 6 positions · 3 moves
- HoldsBlueBox Global Technology FundAugust 2026
Listed in BlueBox Global Technology Fund’s reported holdings.
Cadence Design Systems - TrimmedSpyglass Growth StrategyJune 2026
“During the second quarter, the positions that were most significantly trimmed were Credo Technology Group, Ascendis Pharma, and Cadence Design Systems.”
Cadence Design Systems - June 2026
Listed in Liontrust GF Sustainable Future US Growth Fund’s reported holdings.
Cadence Design Systems - June 2026
“software derated on AI disruption fears where we judge the economics intact: we roughly doubled Palantir, more than doubled Cadence, and initiated Datadog, CrowdStrike and MongoDB, consumption priced infrastructure software whose workloads (observability, security, data) multiply as agents proliferate.”
Cadence Design Systems - June 2026
“We roughly doubled Palantir, more than doubled Cadence, and initiated Datadog, CrowdStrike and MongoDB, consumption priced infrastructure software whose workloads (observability, security, data) multiply as agents proliferate.”
Cadence Design Systems - HoldsLarge-Cap GrowthMarch 2026
“During the quarter, we continued to refine the portfolio, particularly within software, where competitive dynamics are evolving rapidly. Our focus has been on owning businesses with durable, mission-critical offerings and strong competitive positioning—companies that provide essential solutions their customers rely on to operate day-to-day, serve markets with limited technical expertise, or play a critical role in enabling broader technological development. This is reflected across our software exposure, including long-standing holdings such as Autodesk, Inc (ADSK), as well as more recent additions such as Cadence Design Systems, Inc (CDNS), Samsara, Inc (IOT), and Palo Alto Networks, Inc (PANW) (added this quarter).”
Cadence Design Systems
Also mentioned · 1
These funds discuss Cadence Design Systems — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedRothschild & Co LongRun EquityJune 2026
“Connectors typically account for a very small share of a system's total cost, often well below 1%, yet their failure is simply not an option. A failed connector can ground an aircraft, halt a production line or take down an AI data centre. Attentive readers will recognise the pattern from our Cadence and O'Reilly case studies: products that are mission critical yet represent only a small fraction of customers' overall spending tend to enjoy strong pricing power.”
Cadence Design Systems
Fund coverage · 2 theses
- Rothschild & Co LongRun EquitySeptember 2025
Cadence Design Systems is a market leader in Electronic Design Automation software, essential for designing complex semiconductor chips that power modern technology, with strong growth prospects driven by AI adoption and increasing chip complexity.
Read the full thesis - Rothschild & CoMarch 2025
Cadence is a leading provider of EDA software for semiconductor design, positioned for double-digit growth and strong revenue visibility through recurring subscriptions.
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