CNA Financial
161 hedge funds and large institutions have $9.25B invested in CNA Financial in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 24 closing their positions.
9% more capital invested
Capital invested by funds: $8.45B → $9.25B (+$800M)
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
0.02% less ownership
Funds ownership: 99.42% → 99.41% (-0.02%)
2% less funds holding
Funds holding: 164 → 161 (-3)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$16.7M |
| 2 |
Primecap Management
Pasadena,
California
|
+$13.6M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$12.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$12M |
| 5 |
CIM
Corda Investment Management
Houston,
Texas
|
+$8.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$19.7M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$11.3M |
| 3 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$10.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.45M |
| 5 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
-$5.55M |
CNA Hedge Fund Activity: Q3 2016 in Review
161 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q3 2016, worth a combined $9.25B — up 9.5% from $8.45B a quarter earlier.
Fund positioning in CNA was balanced in Q3 2016: 24 funds opened new positions, 24 closed out, 58 added to existing stakes and 54 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $16.7M. The largest seller was BlackRock Institutional Trust, cutting an estimated $19.7M.
- 161 institutional investors held CNA Financial (CNA) as of Q3 2016, down from 164 in Q2 2016.
- Funds reported $9.25B of CNA Financial stock for Q3 2016, up 9.5% quarter-over-quarter.
- 24 funds opened new CNA Financial positions in Q3 2016 and 24 closed out, a net change of 0 holders.
- The largest CNA Financial buyer in Q3 2016 was River Road Asset Management, an estimated $16.7M added.
- The largest CNA Financial seller in Q3 2016 was BlackRock Institutional Trust, an estimated $19.7M sold.
Based on aggregated 13F filings for Q3 2016.