CNA Financial
160 hedge funds and large institutions have $10.5B invested in CNA Financial in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 58 reducing their positions, and 31 closing their positions.
72% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $1.65M
30% more capital invested
Capital invested by funds: $8.07B → $10.5B (+$2.41B)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.13% less ownership
Funds ownership: 99.22% → 99.08% (-0.13%)
7% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 58
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
4% less funds holding
Funds holding: 166 → 160 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$23.4M |
| 2 |
JP Morgan Chase
New York
|
+$16M |
| 3 |
Bank of New York Mellon
New York
|
+$6.56M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.56M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$17.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$12.5M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
-$8.58M |
| 4 |
Renaissance Technologies
New York
|
-$7.99M |
| 5 |
DA
Denali Advisors
San Diego,
California
|
-$3.03M |
CNA Hedge Fund Activity: Q4 2020 in Review
160 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q4 2020, worth a combined $10.5B — up 30% from $8.07B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of CNA and 28 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 54 added.
The largest buyer was River Road Asset Management, adding an estimated $23.4M. The largest seller was Robeco Institutional Asset Management, exiting entirely with an estimated $17.7M sold.
- 160 institutional investors held CNA Financial (CNA) as of Q4 2020, down from 166 in Q3 2020.
- Funds reported $10.5B of CNA Financial stock for Q4 2020, up 30% quarter-over-quarter.
- 28 funds opened new CNA Financial positions in Q4 2020 and 31 closed out, a net change of -3 holders.
- The largest CNA Financial buyer in Q4 2020 was River Road Asset Management, an estimated $23.4M added.
- The largest CNA Financial seller in Q4 2020 was Robeco Institutional Asset Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q4 2020.