CNB Financial Corp
CCNE
72 hedge funds and large institutions have $172M invested in CNB Financial Corp in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
11% more funds holding
Funds holding: 65 → 72 (+7)
0.05% less ownership
Funds ownership: 42.89% → 42.85% (-0.05%)
4% less capital invested
Capital invested by funds: $179M → $172M (-$7.39M)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.09M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$556K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$539K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$7.04M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$940K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$791K |
| 4 |
RA
Royce & Associates
New York
|
-$608K |
| 5 |
FCFC
First Commonwealth Financial Corp
Indiana,
Pennsylvania
|
-$341K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Two Sigma Advisers
New York
| – | -$236K | -8,637 | Closed |
|
77
SG Americas Securities
New York
| – | -$208K | -7,612 | Closed |
|
CCNE Hedge Fund Activity: Q4 2017 in Review
72 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q4 2017, worth a combined $172M — down 4.1% from $179M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CCNE positions and 5 closed out — a net gain of 7 holders — while 22 added to existing stakes and 23 trimmed.
The largest buyer was Martingale Asset Management, opening a new position worth an estimated $2M. The largest seller was Maltese Capital Management, cutting an estimated $7.04M.
- 72 institutional investors held CNB Financial Corp (CCNE) as of Q4 2017, up from 65 in Q3 2017.
- Funds reported $172M of CNB Financial Corp stock for Q4 2017, down 4.1% quarter-over-quarter.
- 12 funds opened new CNB Financial Corp positions in Q4 2017 and 5 closed out, a net change of +7 holders.
- The largest CNB Financial Corp buyer in Q4 2017 was Martingale Asset Management, an estimated $2M added.
- The largest CNB Financial Corp seller in Q4 2017 was Maltese Capital Management, an estimated $7.04M sold.
Based on aggregated 13F filings for Q4 2017.