Teachers Retirement System of Kentucky Reduces Cadence Design Systems Stake

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The Teachers Retirement System of The State of Kentucky reduced its holdings in Cadence Design Systems (NASDAQ:CDNS) by 20.1% in Q3 2025, selling 13,900 shares. This move leaves the firm with 55,271 shares valued at $19.4 million, citing portfolio rebalancing amidst tech sector volatility. Cadence Design Systems is a key provider of electronic design automation software, and this transaction reflects ongoing adjustments by institutional investors.

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