CNA Financial
145 hedge funds and large institutions have $10.4B invested in CNA Financial in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 17 closing their positions.
91% more call options, than puts
Call options by funds: $430K | Put options by funds: $225K
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
2% more capital invested
Capital invested by funds: $10.2B → $10.4B (+$168M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.13% less ownership
Funds ownership: 99.45% → 99.32% (-0.13%)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
2% less funds holding
Funds holding: 148 → 145 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$11.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.09M |
| 3 |
Renaissance Technologies
New York
|
+$3.65M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.22M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$11.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.69M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.76M |
| 4 |
Morgan Stanley
New York
|
-$3.45M |
| 5 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
-$3.25M |
CNA Hedge Fund Activity: Q4 2014 in Review
145 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q4 2014, worth a combined $10.4B — up 1.6% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CNA and 16 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 55 added.
The largest buyer was Kiltearn Partners, adding an estimated $11.5M. The largest seller was Prospector Partners, cutting an estimated $11.2M.
- 145 institutional investors held CNA Financial (CNA) as of Q4 2014, down from 148 in Q3 2014.
- Funds reported $10.4B of CNA Financial stock for Q4 2014, up 1.6% quarter-over-quarter.
- 16 funds opened new CNA Financial positions in Q4 2014 and 17 closed out, a net change of -1 holder.
- The largest CNA Financial buyer in Q4 2014 was Kiltearn Partners, an estimated $11.5M added.
- The largest CNA Financial seller in Q4 2014 was Prospector Partners, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2014.