Cincinnati Financial
CINF
474 hedge funds and large institutions have $7.65B invested in Cincinnati Financial in 2017 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 171 increasing their positions, 187 reducing their positions, and 68 closing their positions.
139% more call options, than puts
Call options by funds: $3.76M | Put options by funds: $1.58M
0.25% more ownership
Funds ownership: 63.62% → 63.88% (+0.25%)
4% less capital invested
Capital invested by funds: $7.96B → $7.65B (-$309M)
9% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 187
7% less funds holding
Funds holding: 512 → 474 (-38)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
46% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$904M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59M |
| 3 |
State Street
Boston,
Massachusetts
|
+$23.9M |
| 4 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$17M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$21.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$19.5M |
| 3 |
MWAC
Mariner Wealth Advisors (Cincinnati)
Cincinnati,
Ohio
|
-$17.9M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$11M |
| 5 |
Goldman Sachs
New York
|
-$9.92M |
CINF Hedge Fund Activity: Q1 2017 in Review
474 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cincinnati Financial (CINF) for Q1 2017, worth a combined $7.65B — down 3.9% from $7.96B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of CINF and 37 opened new positions — a net loss of 31 holders — while 187 trimmed existing stakes and 171 added.
The largest buyer was BlackRock, adding an estimated $904M. The largest seller was Churchill Management, exiting entirely with an estimated $21.5M sold.
- 474 institutional investors held Cincinnati Financial (CINF) as of Q1 2017, down from 512 in Q4 2016.
- Funds reported $7.65B of Cincinnati Financial stock for Q1 2017, down 3.9% quarter-over-quarter.
- 37 funds opened new Cincinnati Financial positions in Q1 2017 and 68 closed out, a net change of -31 holders.
- The largest Cincinnati Financial buyer in Q1 2017 was BlackRock, an estimated $904M added.
- The largest Cincinnati Financial seller in Q1 2017 was Churchill Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2017.