CNB Financial Corp
CCNE
85 hedge funds and large institutions have $123M invested in CNB Financial Corp in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 17 reducing their positions, and 10 closing their positions.
124% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 17
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
6% more funds holding
Funds holding: 80 → 85 (+5)
0.44% more ownership
Funds ownership: 44.17% → 44.61% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $128M → $123M (-$5.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.13M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$947K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$797K |
| 4 |
CB
CNB Bank
Clearfield,
Pennsylvania
|
+$670K |
| 5 |
BlackRock
New York
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$2.31M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.66M |
| 3 |
Renaissance Technologies
New York
|
-$1.2M |
| 4 |
RA
Royce & Associates
New York
|
-$1.05M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$978K |
CCNE Hedge Fund Activity: Q2 2020 in Review
85 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q2 2020, worth a combined $123M — down 4.3% from $128M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CCNE positions and 10 closed out — a net gain of 5 holders — while 38 added to existing stakes and 17 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $1.13M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $2.31M sold.
- 85 institutional investors held CNB Financial Corp (CCNE) as of Q2 2020, up from 80 in Q1 2020.
- Funds reported $123M of CNB Financial Corp stock for Q2 2020, down 4.3% quarter-over-quarter.
- 15 funds opened new CNB Financial Corp positions in Q2 2020 and 10 closed out, a net change of +5 holders.
- The largest CNB Financial Corp buyer in Q2 2020 was Wellington Management Group, an estimated $1.13M added.
- The largest CNB Financial Corp seller in Q2 2020 was Maltese Capital Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q2 2020.