CNB Financial Corp
CCNE
73 hedge funds and large institutions have $205M invested in CNB Financial Corp in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 7 closing their positions.
4% more capital invested
Capital invested by funds: $196M → $205M (+$8.71M)
0.44% more ownership
Funds ownership: 44.17% → 44.62% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 74 → 73 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$2.27M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.17M |
| 3 |
BlackRock
New York
|
+$747K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$738K |
| 5 |
MCM
Maltese Capital Management
New York
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.12M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$885K |
| 3 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$815K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$763K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$593K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
76
Mackay Shields LLC
New York
| – | -$223K | -7,683 | Closed |
|
|
CS
77
Credit Suisse
Zurich,
Switzerland
| – | -$201K | -6,883 | Closed |
|
78
SG Americas Securities
New York
| – | -$112K | -3,861 | Closed |
|
79
Russell Investments Group
London,
United Kingdom
| – | -$34K | -1,173 | Closed |
|
80
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$30K | -1,021 | Closed |
|
CCNE Hedge Fund Activity: Q2 2018 in Review
73 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q2 2018, worth a combined $205M — up 4.4% from $196M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CCNE and 6 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 20 added.
The largest buyer was Northern Trust, adding an estimated $2.27M. The largest seller was Martingale Asset Management, cutting an estimated $1.12M.
- 73 institutional investors held CNB Financial Corp (CCNE) as of Q2 2018, down from 74 in Q1 2018.
- Funds reported $205M of CNB Financial Corp stock for Q2 2018, up 4.4% quarter-over-quarter.
- 6 funds opened new CNB Financial Corp positions in Q2 2018 and 7 closed out, a net change of -1 holder.
- The largest CNB Financial Corp buyer in Q2 2018 was Northern Trust, an estimated $2.27M added.
- The largest CNB Financial Corp seller in Q2 2018 was Martingale Asset Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2018.