Cardinal Infrastructure Group
CDNL
94 hedge funds and large institutions have $581M invested in Cardinal Infrastructure Group in 2026 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 27 increasing their positions, 10 reducing their positions, and 14 closing their positions.
286% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 14
170% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 10
82% more capital invested
Capital invested by funds: $320M → $581M (+$261M)
71% more funds holding
Funds holding: 55 → 94 (+39)
1.98% less ownership
Funds ownership: 100.9% → 98.92% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.2M |
| 2 |
CC
Conversant Capital
Summit,
New Jersey
|
+$13.7M |
| 3 |
FAM
Fred Alger Management
New York
|
+$12.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$10.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$24.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$14.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.86M |
| 5 |
Millennium Management
New York
|
-$6.74M |
CDNL Hedge Fund Activity: Q1 2026 in Review
94 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Cardinal Infrastructure Group (CDNL) for Q1 2026, worth a combined $581M — up 82% from $320M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CDNL positions and 14 closed out — a net gain of 40 holders — while 27 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $20.2M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $24.5M.
- 94 institutional investors held Cardinal Infrastructure Group (CDNL) as of Q1 2026, up from 55 in Q4 2025.
- Funds reported $581M of Cardinal Infrastructure Group stock for Q1 2026, up 82% quarter-over-quarter.
- 54 funds opened new Cardinal Infrastructure Group positions in Q1 2026 and 14 closed out, a net change of +40 holders.
- The largest Cardinal Infrastructure Group buyer in Q1 2026 was BlackRock, an estimated $20.2M added.
- The largest Cardinal Infrastructure Group seller in Q1 2026 was Schonfeld Strategic Advisors, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2026.