Cardinal Financial Corp
CFNL
CFNL was delisted on the 21st of April, 2017.
152 hedge funds and large institutions have $797M invested in Cardinal Financial Corp in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 22 closing their positions.
24% more capital invested
Capital invested by funds: $640M → $797M (+$156M)
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
4% less funds holding
Funds holding: 159 → 152 (-7)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$22.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.78M |
| 3 |
JP Morgan Chase
New York
|
+$8.26M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$7.84M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$21.8M |
| 2 |
Morgan Stanley
New York
|
-$13.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.43M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$5.51M |
| 5 |
Millennium Management
New York
|
-$4.55M |
CFNL Hedge Fund Activity: Q4 2016 in Review
152 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cardinal Financial Corp (CFNL) for Q4 2016, worth a combined $797M — up 24% from $640M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CFNL and 16 opened new positions — a net loss of 6 holders — while 50 trimmed existing stakes and 51 added.
The largest buyer was AQR Arbitrage, adding an estimated $22.3M. The largest seller was Magnetar Financial, exiting entirely with an estimated $21.8M sold.
- 152 institutional investors held Cardinal Financial Corp (CFNL) as of Q4 2016, down from 159 in Q3 2016.
- Funds reported $797M of Cardinal Financial Corp stock for Q4 2016, up 24% quarter-over-quarter.
- 16 funds opened new Cardinal Financial Corp positions in Q4 2016 and 22 closed out, a net change of -6 holders.
- The largest Cardinal Financial Corp buyer in Q4 2016 was AQR Arbitrage, an estimated $22.3M added.
- The largest Cardinal Financial Corp seller in Q4 2016 was Magnetar Financial, an estimated $21.8M sold.
Based on aggregated 13F filings for Q4 2016.