CNA Financial
205 hedge funds and large institutions have $13.3B invested in CNA Financial in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 61 increasing their positions, 79 reducing their positions, and 27 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
2% more funds holding
Funds holding: 201 → 205 (+4)
0.17% less ownership
Funds ownership: 99.73% → 99.56% (-0.17%)
7% less capital invested
Capital invested by funds: $14.3B → $13.3B (-$1.02B)
23% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 79
55% less call options, than puts
Call options by funds: $459K | Put options by funds: $1.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$10.5M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$10.1M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$9.22M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$7.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.88M |
| 4 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$8.68M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.45M |
CNA Hedge Fund Activity: Q1 2018 in Review
205 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q1 2018, worth a combined $13.3B — down 7.1% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CNA positions and 27 closed out — a net gain of 9 holders — while 61 added to existing stakes and 79 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $21.8M.
- 205 institutional investors held CNA Financial (CNA) as of Q1 2018, up from 201 in Q4 2017.
- Funds reported $13.3B of CNA Financial stock for Q1 2018, down 7.1% quarter-over-quarter.
- 36 funds opened new CNA Financial positions in Q1 2018 and 27 closed out, a net change of +9 holders.
- The largest CNA Financial buyer in Q1 2018 was Goldman Sachs, an estimated $11.4M added.
- The largest CNA Financial seller in Q1 2018 was T. Rowe Price Associates, an estimated $21.8M sold.
Based on aggregated 13F filings for Q1 2018.