CNB Financial Corp
CCNE
104 hedge funds and large institutions have $264M invested in CNB Financial Corp in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 34 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
80% more call options, than puts
Call options by funds: $9K | Put options by funds: $5K
25% more capital invested
Capital invested by funds: $211M → $264M (+$52.8M)
5% more funds holding
Funds holding: 99 → 104 (+5)
0.35% more ownership
Funds ownership: 55.6% → 55.95% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.88M |
| 2 |
RA
Royce & Associates
New York
|
+$2.34M |
| 3 |
Morgan Stanley
New York
|
+$2.31M |
| 4 |
PU
Petiole USA
New York
|
+$2.01M |
| 5 |
DAM
Davis Asset Management
Sausalito,
California
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$7.39M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$2.8M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$2.29M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.06M |
| 5 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
-$999K |
CCNE Hedge Fund Activity: Q4 2023 in Review
104 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q4 2023, worth a combined $264M — up 25% from $211M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CCNE positions and 6 closed out — a net gain of 6 holders — while 34 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock, adding an estimated $2.88M. The largest seller was FJ Capital Management, cutting an estimated $7.39M.
- 104 institutional investors held CNB Financial Corp (CCNE) as of Q4 2023, up from 99 in Q3 2023.
- Funds reported $264M of CNB Financial Corp stock for Q4 2023, up 25% quarter-over-quarter.
- 12 funds opened new CNB Financial Corp positions in Q4 2023 and 6 closed out, a net change of +6 holders.
- The largest CNB Financial Corp buyer in Q4 2023 was BlackRock, an estimated $2.88M added.
- The largest CNB Financial Corp seller in Q4 2023 was FJ Capital Management, an estimated $7.39M sold.
Based on aggregated 13F filings for Q4 2023.