CNB Financial Corp
CCNE
99 hedge funds and large institutions have $239M invested in CNB Financial Corp in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 39 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 55.95% → 55.64% (-0.31%)
5% less funds holding
Funds holding: 104 → 99 (-5)
10% less capital invested
Capital invested by funds: $264M → $239M (-$25.6M)
15% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 39
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.74M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.31M |
| 3 |
DAM
Davis Asset Management
Sausalito,
California
|
+$2.08M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.23M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$3.82M |
| 2 |
Morgan Stanley
New York
|
-$1.7M |
| 3 |
BlackRock
New York
|
-$1.12M |
| 4 |
GCM
Gator Capital Management
Tampa,
Florida
|
-$828K |
| 5 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
-$709K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citadel Advisors
Miami,
Florida
| – | -$485K | -21,474 | Closed |
|
102
Jane Street
New York
| – | -$277K | -12,253 | Closed |
|
|
SCA
103
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
| – | -$258K | -11,424 | Closed |
|
|
CC
104
Corton Capital
Carrying Place,
Ontario, Canada
| – | -$256K | -11,334 | Closed |
|
105
VOYA Investment Management
Atlanta,
Georgia
| – | -$231K | -10,215 | Closed |
|
|
HF
106
HRT Financial
New York
| – | -$220K | -9,775 | Closed |
|
|
BFIM
107
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$212K | -9,400 | Closed |
|
108
Millennium Management
New York
| – | -$201K | -8,895 | Closed |
|
|
GI
109
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.65K | -73 | Closed |
|
|
AF
110
Allworth Financial
Folsom,
California
| – | -$136 | -6 | Closed |
|
CCNE Hedge Fund Activity: Q1 2024 in Review
99 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in CNB Financial Corp (CCNE) for Q1 2024, worth a combined $239M — down 9.7% from $264M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CCNE and 7 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 33 added.
The largest buyer was JP Morgan Chase, adding an estimated $2.74M. The largest seller was FJ Capital Management, exiting entirely with an estimated $3.82M sold.
- 99 institutional investors held CNB Financial Corp (CCNE) as of Q1 2024, down from 104 in Q4 2023.
- Funds reported $239M of CNB Financial Corp stock for Q1 2024, down 9.7% quarter-over-quarter.
- 7 funds opened new CNB Financial Corp positions in Q1 2024 and 12 closed out, a net change of -5 holders.
- The largest CNB Financial Corp buyer in Q1 2024 was JP Morgan Chase, an estimated $2.74M added.
- The largest CNB Financial Corp seller in Q1 2024 was FJ Capital Management, an estimated $3.82M sold.
Based on aggregated 13F filings for Q1 2024.