CNB Financial Corp
CCNE
74 hedge funds and large institutions have $194M invested in CNB Financial Corp in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 5 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
2% more capital invested
Capital invested by funds: $189M → $194M (+$4.6M)
0.46% more ownership
Funds ownership: 44.01% → 44.47% (+0.46%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 75 → 74 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.55M |
| 2 |
BlackRock
New York
|
+$521K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$360K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$351K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.22M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$748K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$685K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$160K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$97.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ESB
76
Essex Savings Bank
Essex,
Connecticut
| – | -$28K | -1,000 | Closed |
|
|
AG
77
Aperio Group
Sausalito,
California
| – | -$21K | -749 | Closed |
|
|
PAM
78
Panagora Asset Management
Boston,
Massachusetts
| – | -$3K | -112 | Closed |
|
79
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$3K | -101 | Closed |
|
CCNE Hedge Fund Activity: Q3 2019 in Review
74 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q3 2019, worth a combined $194M — up 2.4% from $189M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CCNE and 4 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 25 added.
The largest buyer was Royce & Associates, adding an estimated $1.55M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.22M sold.
- 74 institutional investors held CNB Financial Corp (CCNE) as of Q3 2019, down from 75 in Q2 2019.
- Funds reported $194M of CNB Financial Corp stock for Q3 2019, up 2.4% quarter-over-quarter.
- 4 funds opened new CNB Financial Corp positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest CNB Financial Corp buyer in Q3 2019 was Royce & Associates, an estimated $1.55M added.
- The largest CNB Financial Corp seller in Q3 2019 was Kennedy Capital Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2019.