CNA Financial
166 hedge funds and large institutions have $8.07B invested in CNA Financial in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 61 reducing their positions, and 28 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $1.96M
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
2% more funds holding
Funds holding: 163 → 166 (+3)
0.29% less ownership
Funds ownership: 99.51% → 99.22% (-0.29%)
7% less capital invested
Capital invested by funds: $8.68B → $8.07B (-$606M)
26% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.6M |
| 2 |
JP Morgan Chase
New York
|
+$14M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.65M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
+$9.22M |
| 5 |
Bank of New York Mellon
New York
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$16.8M |
| 2 |
Renaissance Technologies
New York
|
-$8.12M |
| 3 |
DSC
Donald Smith & Co
New York
|
-$8.06M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$7.36M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.66M |
CNA Hedge Fund Activity: Q3 2020 in Review
166 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q3 2020, worth a combined $8.07B — down 7% from $8.68B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CNA positions and 28 closed out — a net gain of 3 holders — while 45 added to existing stakes and 61 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $21.6M. The largest seller was LSV Asset Management, cutting an estimated $16.8M.
- 166 institutional investors held CNA Financial (CNA) as of Q3 2020, up from 163 in Q2 2020.
- Funds reported $8.07B of CNA Financial stock for Q3 2020, down 7% quarter-over-quarter.
- 31 funds opened new CNA Financial positions in Q3 2020 and 28 closed out, a net change of +3 holders.
- The largest CNA Financial buyer in Q3 2020 was Arrowstreet Capital, an estimated $21.6M added.
- The largest CNA Financial seller in Q3 2020 was LSV Asset Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q3 2020.