CNA Financial
160 hedge funds and large institutions have $11.1B invested in CNA Financial in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 50 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
21% more capital invested
Capital invested by funds: $9.25B → $11.1B (+$1.9B)
18% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 50
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
0.1% less ownership
Funds ownership: 99.41% → 99.3% (-0.1%)
1% less funds holding
Funds holding: 161 → 160 (-1)
98% less call options, than puts
Call options by funds: $23K | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$13.1M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$10.8M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$3.69M |
| 4 |
Primecap Management
Pasadena,
California
|
+$3.25M |
| 5 |
RP
Raiff Partners
New York
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.2M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$7.68M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.37M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$6.22M |
| 5 |
Renaissance Technologies
New York
|
-$3.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
176
Dynamic Technology Lab
Singapore
| – | -$258K | -7,515 | Closed |
|
|
HCA
177
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$161K | -4,668 | Closed |
|
|
RCM
178
Riverhead Capital Management
Wilmington,
Delaware
| – | -$83K | -2,400 | Closed |
|
|
JFA
179
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$44K | -1,283 | Closed |
|
|
S
180
SignatureFD
Atlanta,
Georgia
| – | -$44K | -1,283 | Closed |
|
|
CG
181
Cutler Group
San Francisco,
California
| – | -$9.09K | -239 | Closed |
|
182
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -106 | Closed |
|
183
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -100 | Closed |
|
|
MLIM
184
Mountain Lake Investment Management
Boca Raton,
Florida
| – | -$3K | -100 | Closed |
|
|
HIM
185
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$1K | -40 | Closed |
|
CNA Hedge Fund Activity: Q4 2016 in Review
160 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q4 2016, worth a combined $11.1B — up 21% from $9.25B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CNA positions and 25 closed out — a net gain of 2 holders — while 59 added to existing stakes and 50 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $13.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $16.2M.
- 160 institutional investors held CNA Financial (CNA) as of Q4 2016, down from 161 in Q3 2016.
- Funds reported $11.1B of CNA Financial stock for Q4 2016, up 21% quarter-over-quarter.
- 27 funds opened new CNA Financial positions in Q4 2016 and 25 closed out, a net change of +2 holders.
- The largest CNA Financial buyer in Q4 2016 was LSV Asset Management, an estimated $13.1M added.
- The largest CNA Financial seller in Q4 2016 was T. Rowe Price Associates, an estimated $16.2M sold.
Based on aggregated 13F filings for Q4 2016.