CNA Financial
149 hedge funds and large institutions have $10.9B invested in CNA Financial in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 51 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
3% more funds holding
Funds holding: 145 → 149 (+4)
2% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 51
0.46% more ownership
Funds ownership: 99.27% → 99.73% (+0.46%)
5% less capital invested
Capital invested by funds: $11.4B → $10.9B (-$565M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
43% less call options, than puts
Call options by funds: $279K | Put options by funds: $489K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$30.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$24.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.9M |
| 4 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$7.83M |
| 5 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$7.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
-$9.83M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.1M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$8.02M |
| 4 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$5.8M |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
-$5.21M |
CNA Hedge Fund Activity: Q2 2014 in Review
149 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q2 2014, worth a combined $10.9B — down 4.9% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CNA positions and 17 closed out — a net gain of 4 holders — while 52 added to existing stakes and 51 trimmed.
The largest buyer was Norges Bank, adding an estimated $30.5M. The largest seller was Weitz Investment Management, exiting entirely with an estimated $9.83M sold.
- 149 institutional investors held CNA Financial (CNA) as of Q2 2014, up from 145 in Q1 2014.
- Funds reported $10.9B of CNA Financial stock for Q2 2014, down 4.9% quarter-over-quarter.
- 21 funds opened new CNA Financial positions in Q2 2014 and 17 closed out, a net change of +4 holders.
- The largest CNA Financial buyer in Q2 2014 was Norges Bank, an estimated $30.5M added.
- The largest CNA Financial seller in Q2 2014 was Weitz Investment Management, an estimated $9.83M sold.
Based on aggregated 13F filings for Q2 2014.