Cincinnati Financial
CINF
495 hedge funds and large institutions have $6.88B invested in Cincinnati Financial in 2018 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 158 increasing their positions, 185 reducing their positions, and 45 closing their positions.
26% more call options, than puts
Call options by funds: $5.59M | Put options by funds: $4.44M
1.54% less ownership
Funds ownership: 64.16% → 62.62% (-1.5%)
2% less funds holding
Funds holding: 507 → 495 (-12)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
12% less capital invested
Capital invested by funds: $7.82B → $6.88B (-$943M)
15% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 185
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$50M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$39.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$20.5M |
| 4 |
JP Morgan Chase
New York
|
+$15.4M |
| 5 |
Morgan Stanley
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$61.7M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$42.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$35.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$34.4M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$32.9M |
CINF Hedge Fund Activity: Q2 2018 in Review
495 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Cincinnati Financial (CINF) for Q2 2018, worth a combined $6.88B — down 12% from $7.82B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CINF and 40 opened new positions — a net loss of 5 holders — while 185 trimmed existing stakes and 158 added.
The largest buyer was Select Equity Group, adding an estimated $50M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $61.7M.
- 495 institutional investors held Cincinnati Financial (CINF) as of Q2 2018, down from 507 in Q1 2018.
- Funds reported $6.88B of Cincinnati Financial stock for Q2 2018, down 12% quarter-over-quarter.
- 40 funds opened new Cincinnati Financial positions in Q2 2018 and 45 closed out, a net change of -5 holders.
- The largest Cincinnati Financial buyer in Q2 2018 was Select Equity Group, an estimated $50M added.
- The largest Cincinnati Financial seller in Q2 2018 was Robeco Institutional Asset Management, an estimated $61.7M sold.
Based on aggregated 13F filings for Q2 2018.