Cardinal Financial Corp
CFNL
CFNL was delisted on the 21st of April, 2017.
118 hedge funds and large institutions have $517M invested in Cardinal Financial Corp in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 50 increasing their positions, 38 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 38
5% more capital invested
Capital invested by funds: $491M → $517M (+$25.7M)
9% less funds holding
Funds holding: 129 → 118 (-11)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$24.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$5.33M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$4.26M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$13.4M |
| 2 |
RPAM
Rhenman & Partners Asset Management
Stockholm,
Sweden
|
-$5.03M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$4.14M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$2.62M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$2.54M |
CFNL Hedge Fund Activity: Q2 2014 in Review
118 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Cardinal Financial Corp (CFNL) for Q2 2014, worth a combined $517M — up 5.2% from $491M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CFNL and 8 opened new positions — a net loss of 10 holders — while 38 trimmed existing stakes and 50 added.
The largest buyer was Basswood Capital Management, adding an estimated $24.4M. The largest seller was Forest Hill Capital, cutting an estimated $13.4M.
- 118 institutional investors held Cardinal Financial Corp (CFNL) as of Q2 2014, down from 129 in Q1 2014.
- Funds reported $517M of Cardinal Financial Corp stock for Q2 2014, up 5.2% quarter-over-quarter.
- 8 funds opened new Cardinal Financial Corp positions in Q2 2014 and 18 closed out, a net change of -10 holders.
- The largest Cardinal Financial Corp buyer in Q2 2014 was Basswood Capital Management, an estimated $24.4M added.
- The largest Cardinal Financial Corp seller in Q2 2014 was Forest Hill Capital, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2014.