Cardinal Financial Corp
CFNL
CFNL was delisted on the 21st of April, 2017.
151 hedge funds and large institutions have $533M invested in Cardinal Financial Corp in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 65 increasing their positions, 43 reducing their positions, and 27 closing their positions.
42,600% more call options, than puts
Call options by funds: $427K | Put options by funds: $1K
51% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 43
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 163 → 151 (-12)
11% less capital invested
Capital invested by funds: $596M → $533M (-$62.8M)
41% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$6.4M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$5.78M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$5.6M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$4.16M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$5.77M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$3.94M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.53M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.31M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -90 | Closed |
|
|
KT
177
Kanaly Trust
Houston,
Texas
| – | +$333 | +17 | New |
|
CFNL Hedge Fund Activity: Q1 2016 in Review
151 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cardinal Financial Corp (CFNL) for Q1 2016, worth a combined $533M — down 11% from $596M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CFNL and 16 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 65 added.
The largest buyer was Wedge Capital Management, opening a new position worth an estimated $6.4M. The largest seller was Forest Hill Capital, exiting entirely with an estimated $5.77M sold.
- 151 institutional investors held Cardinal Financial Corp (CFNL) as of Q1 2016, down from 163 in Q4 2015.
- Funds reported $533M of Cardinal Financial Corp stock for Q1 2016, down 11% quarter-over-quarter.
- 16 funds opened new Cardinal Financial Corp positions in Q1 2016 and 27 closed out, a net change of -11 holders.
- The largest Cardinal Financial Corp buyer in Q1 2016 was Wedge Capital Management, an estimated $6.4M added.
- The largest Cardinal Financial Corp seller in Q1 2016 was Forest Hill Capital, an estimated $5.77M sold.
Based on aggregated 13F filings for Q1 2016.