Cardinal Financial Corp
CFNL
CFNL was delisted on the 21st of April, 2017.
138 hedge funds and large institutions have $731M invested in Cardinal Financial Corp in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 56 increasing their positions, 47 reducing their positions, and 22 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $797M → $731M (-$65.7M)
9% less funds holding
Funds holding: 152 → 138 (-14)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$125M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$25.8M |
| 3 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$5.92M |
| 4 |
Millennium Management
New York
|
+$3.82M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$8.69M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$7.55M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$6.63M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$6.36M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.7M |
CFNL Hedge Fund Activity: Q1 2017 in Review
138 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cardinal Financial Corp (CFNL) for Q1 2017, worth a combined $731M — down 8.3% from $797M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CFNL and 15 opened new positions — a net loss of 7 holders — while 47 trimmed existing stakes and 56 added.
The largest buyer was BlackRock, adding an estimated $125M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $8.69M sold.
- 138 institutional investors held Cardinal Financial Corp (CFNL) as of Q1 2017, down from 152 in Q4 2016.
- Funds reported $731M of Cardinal Financial Corp stock for Q1 2017, down 8.3% quarter-over-quarter.
- 15 funds opened new Cardinal Financial Corp positions in Q1 2017 and 22 closed out, a net change of -7 holders.
- The largest Cardinal Financial Corp buyer in Q1 2017 was BlackRock, an estimated $125M added.
- The largest Cardinal Financial Corp seller in Q1 2017 was Basswood Capital Management, an estimated $8.69M sold.
Based on aggregated 13F filings for Q1 2017.