Cardinal Financial Corp
CFNL
CFNL was delisted on the 21st of April, 2017.
128 hedge funds and large institutions have $474M invested in Cardinal Financial Corp in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
38% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 37
8% more funds holding
Funds holding: 118 → 128 (+10)
8% less capital invested
Capital invested by funds: $517M → $474M (-$42.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$4.19M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.84M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.25M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.21M |
| 5 |
SIP
Stoneridge Investment Partners
Radnor,
Pennsylvania
|
+$970K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$9.17M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.52M |
| 3 |
Bank of New York Mellon
New York
|
-$1.33M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.29M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | -$394 | -22 | -85% |
|
127
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $384 | +$17.6K | +985 | +5% |
|
128
Two Sigma Investments
New York
| – | -$1.03M | -55,716 | Closed |
|
|
ERSOT
129
Employees Retirement System of Texas
Austin,
Texas
| – | -$1.01M | -55,000 | Closed |
|
130
AQR Capital Management
Greenwich,
Connecticut
| – | -$383K | -20,764 | Closed |
|
|
ARC
131
Absolute Return Capital
Boston,
Massachusetts
| – | -$268K | -14,522 | Closed |
|
132
Two Sigma Advisers
New York
| – | -$222K | -12,000 | Closed |
|
|
VFA
133
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$50K | -2,727 | Closed |
|
CFNL Hedge Fund Activity: Q3 2014 in Review
128 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Cardinal Financial Corp (CFNL) for Q3 2014, worth a combined $474M — down 8.2% from $517M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CFNL positions and 6 closed out — a net gain of 10 holders — while 51 added to existing stakes and 37 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $4.19M. The largest seller was State Street, cutting an estimated $9.17M.
- 128 institutional investors held Cardinal Financial Corp (CFNL) as of Q3 2014, up from 118 in Q2 2014.
- Funds reported $474M of Cardinal Financial Corp stock for Q3 2014, down 8.2% quarter-over-quarter.
- 16 funds opened new Cardinal Financial Corp positions in Q3 2014 and 6 closed out, a net change of +10 holders.
- The largest Cardinal Financial Corp buyer in Q3 2014 was Basswood Capital Management, an estimated $4.19M added.
- The largest Cardinal Financial Corp seller in Q3 2014 was State Street, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2014.