CNB Financial Corp
CCNE
70 hedge funds and large institutions have $193M invested in CNB Financial Corp in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.83% less ownership
Funds ownership: 44.62% → 43.79% (-0.83%)
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
4% less funds holding
Funds holding: 73 → 70 (-3)
6% less capital invested
Capital invested by funds: $205M → $193M (-$11.8M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$874K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$705K |
| 3 |
Renaissance Technologies
New York
|
+$609K |
| 4 |
RA
Royce & Associates
New York
|
+$592K |
| 5 |
Millennium Management
New York
|
+$555K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.1M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.92M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.49M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$542K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$344K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -88 | Closed |
|
|
AIS
77
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$2K | -50 | Closed |
|
CCNE Hedge Fund Activity: Q3 2018 in Review
70 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q3 2018, worth a combined $193M — down 5.8% from $205M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CCNE and 4 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 23 added.
The largest buyer was Maltese Capital Management, adding an estimated $874K. The largest seller was Wellington Management Group, cutting an estimated $4.1M.
- 70 institutional investors held CNB Financial Corp (CCNE) as of Q3 2018, down from 73 in Q2 2018.
- Funds reported $193M of CNB Financial Corp stock for Q3 2018, down 5.8% quarter-over-quarter.
- 4 funds opened new CNB Financial Corp positions in Q3 2018 and 7 closed out, a net change of -3 holders.
- The largest CNB Financial Corp buyer in Q3 2018 was Maltese Capital Management, an estimated $874K added.
- The largest CNB Financial Corp seller in Q3 2018 was Wellington Management Group, an estimated $4.1M sold.
Based on aggregated 13F filings for Q3 2018.