CNB Financial Corp
CCNE
101 hedge funds and large institutions have $224M invested in CNB Financial Corp in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 40 increasing their positions, 33 reducing their positions, and 19 closing their positions.
317% more call options, than puts
Call options by funds: $50K | Put options by funds: $12K
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
0.09% more ownership
Funds ownership: 55.01% → 55.11% (+0.09%)
11% less funds holding
Funds holding: 113 → 101 (-12)
14% less capital invested
Capital invested by funds: $260M → $224M (-$35.7M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
63% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
Davis Asset Management
Sausalito,
California
|
+$4.57M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.17M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.49M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.39M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$4.59M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$1.86M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.49M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.36M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$1.36M |
CCNE Hedge Fund Activity: Q1 2023 in Review
101 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q1 2023, worth a combined $224M — down 14% from $260M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CCNE and 7 opened new positions — a net loss of 12 holders — while 33 trimmed existing stakes and 40 added.
The largest buyer was Davis Asset Management, adding an estimated $4.57M. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $4.59M sold.
- 101 institutional investors held CNB Financial Corp (CCNE) as of Q1 2023, down from 113 in Q4 2022.
- Funds reported $224M of CNB Financial Corp stock for Q1 2023, down 14% quarter-over-quarter.
- 7 funds opened new CNB Financial Corp positions in Q1 2023 and 19 closed out, a net change of -12 holders.
- The largest CNB Financial Corp buyer in Q1 2023 was Davis Asset Management, an estimated $4.57M added.
- The largest CNB Financial Corp seller in Q1 2023 was Jacobs Asset Management, an estimated $4.59M sold.
Based on aggregated 13F filings for Q1 2023.