CNA Financial
174 hedge funds and large institutions have $11.9B invested in CNA Financial in 2017 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 62 increasing their positions, 47 reducing their positions, and 18 closing their positions.
111% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 18
32% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 47
9% more funds holding
Funds holding: 160 → 174 (+14)
7% more capital invested
Capital invested by funds: $11.1B → $11.9B (+$780M)
0.47% more ownership
Funds ownership: 99.3% → 99.77% (+0.47%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $40K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48.3M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.97M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$8.49M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.28M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.36M |
| 2 |
Renaissance Technologies
New York
|
-$5.96M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.71M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.12M |
| 5 |
RP
Raiff Partners
New York
|
-$3.11M |
CNA Hedge Fund Activity: Q1 2017 in Review
174 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q1 2017, worth a combined $11.9B — up 7% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CNA positions and 18 closed out — a net gain of 20 holders — while 62 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $48.3M. The largest seller was Millennium Management, exiting entirely with an estimated $6.36M sold.
- 174 institutional investors held CNA Financial (CNA) as of Q1 2017, up from 160 in Q4 2016.
- Funds reported $11.9B of CNA Financial stock for Q1 2017, up 7% quarter-over-quarter.
- 38 funds opened new CNA Financial positions in Q1 2017 and 18 closed out, a net change of +20 holders.
- The largest CNA Financial buyer in Q1 2017 was BlackRock, an estimated $48.3M added.
- The largest CNA Financial seller in Q1 2017 was Millennium Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q1 2017.