CNB Financial Corp
CCNE
99 hedge funds and large institutions have $211M invested in CNB Financial Corp in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 38 reducing their positions, and 7 closing their positions.
2% more capital invested
Capital invested by funds: $208M → $211M (+$3.27M)
0.58% less ownership
Funds ownership: 56.18% → 55.6% (-0.58%)
2% less funds holding
Funds holding: 101 → 99 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
24% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 38
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.5M |
| 2 |
DAM
Davis Asset Management
Sausalito,
California
|
+$1.85M |
| 3 |
PU
Petiole USA
New York
|
+$1.26M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$614K |
| 5 |
RA
Royce & Associates
New York
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JCSD Capital
Walnut Creek,
California
|
-$1.95M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.87M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$937K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$766K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$708K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
First Trust Advisors
Wheaton,
Illinois
| – | -$1.87M | -106,063 | Closed |
|
|
BGIM
102
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$708K | -40,121 | Closed |
|
|
AI
103
Atom Investors
Austin,
Texas
| – | -$671K | -38,026 | Closed |
|
|
TI
104
Trexquant Investment
Stamford,
Connecticut
| – | -$376K | -21,324 | Closed |
|
105
Millennium Management
New York
| – | -$221K | -12,510 | Closed |
|
|
AF
106
Allworth Financial
Folsom,
California
| – | -$1.71K | -97 | Closed |
|
CCNE Hedge Fund Activity: Q3 2023 in Review
99 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q3 2023, worth a combined $211M — up 1.6% from $208M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CCNE and 6 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 29 added.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $2.5M. The largest seller was JCSD Capital, exiting entirely with an estimated $1.95M sold.
- 99 institutional investors held CNB Financial Corp (CCNE) as of Q3 2023, down from 101 in Q2 2023.
- Funds reported $211M of CNB Financial Corp stock for Q3 2023, up 1.6% quarter-over-quarter.
- 6 funds opened new CNB Financial Corp positions in Q3 2023 and 7 closed out, a net change of -1 holder.
- The largest CNB Financial Corp buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $2.5M added.
- The largest CNB Financial Corp seller in Q3 2023 was JCSD Capital, an estimated $1.95M sold.
Based on aggregated 13F filings for Q3 2023.