CNA Financial
201 hedge funds and large institutions have $14.3B invested in CNA Financial in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 74 reducing their positions, and 20 closing their positions.
75% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 20
7% more funds holding
Funds holding: 187 → 201 (+14)
5% more capital invested
Capital invested by funds: $13.6B → $14.3B (+$723M)
0.31% less ownership
Funds ownership: 100.04% → 99.73% (-0.31%)
18% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 74
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
61% less call options, than puts
Call options by funds: $509K | Put options by funds: $1.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$23.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.3M |
| 3 |
AP
AHL Partners
London,
United Kingdom
|
+$7.52M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$5.88M |
| 5 |
FQ
First Quadrant
Glendale,
California
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.4M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$19.8M |
| 3 |
DSC
Donald Smith & Co
New York
|
-$18.4M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
-$9.52M |
| 5 |
Millennium Management
New York
|
-$9.46M |
CNA Hedge Fund Activity: Q4 2017 in Review
201 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q4 2017, worth a combined $14.3B — up 5.3% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CNA positions and 20 closed out — a net gain of 15 holders — while 61 added to existing stakes and 74 trimmed.
The largest buyer was Systematic Financial Management, opening a new position worth an estimated $23.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $23.4M.
- 201 institutional investors held CNA Financial (CNA) as of Q4 2017, up from 187 in Q3 2017.
- Funds reported $14.3B of CNA Financial stock for Q4 2017, up 5.3% quarter-over-quarter.
- 35 funds opened new CNA Financial positions in Q4 2017 and 20 closed out, a net change of +15 holders.
- The largest CNA Financial buyer in Q4 2017 was Systematic Financial Management, an estimated $23.4M added.
- The largest CNA Financial seller in Q4 2017 was T. Rowe Price Associates, an estimated $23.4M sold.
Based on aggregated 13F filings for Q4 2017.