CNB Financial Corp
CCNE
94 hedge funds and large institutions have $98.7M invested in CNB Financial Corp in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
11% more funds holding
Funds holding: 85 → 94 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
4.94% less ownership
Funds ownership: 44.61% → 39.67% (-4.9%)
20% less capital invested
Capital invested by funds: $123M → $98.7M (-$24.1M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.25M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$877K |
| 3 |
BlackRock
New York
|
+$816K |
| 4 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
+$682K |
| 5 |
QAM
QCI Asset Management
Pittsford,
New York
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$5.77M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$970K |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$875K |
| 4 |
Renaissance Technologies
New York
|
-$805K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$629K |
CCNE Hedge Fund Activity: Q3 2020 in Review
94 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q3 2020, worth a combined $98.7M — down 20% from $123M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CCNE positions and 10 closed out — a net gain of 9 holders — while 27 added to existing stakes and 27 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $1.25M. The largest seller was Royce & Associates, cutting an estimated $5.77M.
- 94 institutional investors held CNB Financial Corp (CCNE) as of Q3 2020, up from 85 in Q2 2020.
- Funds reported $98.7M of CNB Financial Corp stock for Q3 2020, down 20% quarter-over-quarter.
- 19 funds opened new CNB Financial Corp positions in Q3 2020 and 10 closed out, a net change of +9 holders.
- The largest CNB Financial Corp buyer in Q3 2020 was Hotchkis & Wiley Capital Management, an estimated $1.25M added.
- The largest CNB Financial Corp seller in Q3 2020 was Royce & Associates, an estimated $5.77M sold.
Based on aggregated 13F filings for Q3 2020.