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Cincinnati Financial

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.

New
Increased
Maintained
Reduced
Closed

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: 512474 (-38)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

46% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 68

Holders
474
Holders Change
-38
Holders Change %
-7.42%
% of All Funds
11.8%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.17%
New
37
Increased
171
Reduced
187
Closed
68
Calls
$3.76M
Puts
$1.58M
Net Calls
+$2.19M
Net Calls Change
-$8.84M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.2B +$59M +813,206 +5%
BlackRock
2
BlackRock
New York
$949M +$904M +12,467,118 +1,893%
State Street
3
State Street
Massachusetts
$728M +$23.9M +329,902 +3%
Bank of America
4
Bank of America
North Carolina
$456M +$10.8M +149,473 +2%
LCOV
5
London Company of Virginia
Virginia
$255M +$8.2M +113,161 +3%
JP Morgan Chase
6
JP Morgan Chase
New York
$210M +$11.7M +161,845 +6%
First Eagle Investment Management
7
First Eagle Investment Management
New York
$203M +$338K +4,666 +0.2%
Northern Trust
8
Northern Trust
Illinois
$160M -$7.72M -106,547 -5%
JHIU
9
Janus Henderson Investors US
Colorado
$135M -$7.05M -97,293 -5%
FWIA
10
Fort Washington Investment Advisors
Ohio
$133M -$390K -5,376 -0.3%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$131M +$4.4M +60,713 +3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$113M +$9.53M +131,506 +9%
Norges Bank
13
Norges Bank
Norway
$111M -$2.12M -29,218 -2%
Invesco
14
Invesco
Georgia
$103M +$5.94M +81,888 +6%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$91.2M -$638K -8,807 -0.7%
Robeco Institutional Asset Management
16
Robeco Institutional Asset Management
Netherlands
$90.2M -$11M -151,880 -11%
US Bancorp
17
US Bancorp
Minnesota
$82.8M -$4.71M -64,951 -5%
Fifth Third Bancorp
18
Fifth Third Bancorp
Ohio
$69.8M -$961K -13,251 -1%
KeyBank National Association
19
KeyBank National Association
Ohio
$68.4M -$7.92M -109,209 -10%
JIC
20
Johnson Investment Counsel
Ohio
$67.7M -$205K -2,828 -0.3%
ProShare Advisors
21
ProShare Advisors
Maryland
$59.2M +$5.35M +73,857 +10%
BTW
22
Boston Trust Walden
Massachusetts
$58.9M -$447K -6,167 -0.8%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$57.9M +$707K +9,758 +1%
SAC
24
Smith Affiliated Capital
New York
$57.8M
Legal & General Group
25
Legal & General Group
United Kingdom
$53.5M +$2.21M +30,469 +4%

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.