Cardinal Financial Corp
CFNL
CFNL was delisted on the 21st of April, 2017.
159 hedge funds and large institutions have $640M invested in Cardinal Financial Corp in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 44 increasing their positions, 62 reducing their positions, and 24 closing their positions.
21% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 24
8% more capital invested
Capital invested by funds: $591M → $640M (+$49M)
3% more funds holding
Funds holding: 155 → 159 (+4)
29% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 62
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.8M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$21M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$18.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.84M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$8.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$39.9M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$26.4M |
| 3 |
Bank of New York Mellon
New York
|
-$18M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.8M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$13.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Teacher Retirement System of Texas
Austin,
Texas
| – | -$98K | -4,486 | Closed |
|
|
MFS
177
MSI Financial Services
Springfield,
Massachusetts
| – | -$12K | -565 | Closed |
|
178
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10K | -454 | Closed |
|
|
SCM
179
Southport Capital Management
Chattanooga,
Tennessee
| – | -$4K | -200 | Closed |
|
|
PCM
180
Prelude Capital Management
New York
| – | -$2K | -100 | Closed |
|
|
CHP
181
Cable Hill Partners
Portland,
Oregon
| – | +$276 | +11 | New |
|
CFNL Hedge Fund Activity: Q3 2016 in Review
159 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cardinal Financial Corp (CFNL) for Q3 2016, worth a combined $640M — up 8.3% from $591M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CFNL positions and 24 closed out — a net gain of 5 holders — while 44 added to existing stakes and 62 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $28.8M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $39.9M sold.
- 159 institutional investors held Cardinal Financial Corp (CFNL) as of Q3 2016, up from 155 in Q2 2016.
- Funds reported $640M of Cardinal Financial Corp stock for Q3 2016, up 8.3% quarter-over-quarter.
- 29 funds opened new Cardinal Financial Corp positions in Q3 2016 and 24 closed out, a net change of +5 holders.
- The largest Cardinal Financial Corp buyer in Q3 2016 was Morgan Stanley, an estimated $28.8M added.
- The largest Cardinal Financial Corp seller in Q3 2016 was Eagle Asset Management, an estimated $39.9M sold.
Based on aggregated 13F filings for Q3 2016.