CNA Financial
CNA
195 hedge funds and large institutions have $11.7B invested in CNA Financial in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 64 increasing their positions, 67 reducing their positions, and 30 closing their positions.
38% more call options, than puts
Call options by funds: $424K | Put options by funds: $307K
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
2% more funds holding
Funds holding: 191 → 195 (+4)
0.28% less ownership
Funds ownership: 99.66% → 99.38% (-0.28%)
2% less capital invested
Capital invested by funds: $11.9B → $11.7B (-$241M)
4% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 67
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$13.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.48M |
| 3 |
MFWM
Motley Fool Wealth Management
Alexandria,
Virginia
|
+$6.2M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$5.7M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$5.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$17.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$16.4M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
-$13.5M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$9.54M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.24M |
CNA Hedge Fund Activity: Q1 2019 in Review
195 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q1 2019, worth a combined $11.7B — down 2% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CNA positions and 30 closed out — a net gain of 4 holders — while 64 added to existing stakes and 67 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $13.8M. The largest seller was Marshall Wace, exiting entirely with an estimated $17.4M sold.
- 195 institutional investors held CNA Financial (CNA) as of Q1 2019, up from 191 in Q4 2018.
- Funds reported $11.7B of CNA Financial stock for Q1 2019, down 2% quarter-over-quarter.
- 34 funds opened new CNA Financial positions in Q1 2019 and 30 closed out, a net change of +4 holders.
- The largest CNA Financial buyer in Q1 2019 was LSV Asset Management, an estimated $13.8M added.
- The largest CNA Financial seller in Q1 2019 was Marshall Wace, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2019.