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CNA Financial

214 hedge funds and large institutions have $10.4B invested in CNA Financial in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 90 increasing their positions, 64 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $1.23M | Put options by funds: $577K

41% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 64

0.28% less ownership

Funds ownership: 98.7%98.43% (-0.28%)

4% less funds holding

Funds holding: 223214 (-9)

8% less capital invested

Capital invested by funds: $11.3B → $10.4B (-$870M)

20% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 35

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
214
Holders Change
-9
Holders Change %
-4.04%
% of All Funds
3.41%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
28
Increased
90
Reduced
64
Closed
35
Calls
$1.23M
Puts
$577K
Net Calls
+$656K
Net Calls Change
+$378K
Name Holding Trade Value Shares
Change
Change in
Stake
LC
1
Loews Corp
New York
$9.52B
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$179M -$12M -287,397 -6%
BlackRock
3
BlackRock
New York
$58.8M +$3.85M +91,868 +6%
LSV Asset Management
4
LSV Asset Management
Illinois
$47.7M -$822K -19,603 -2%
JP Morgan Chase
5
JP Morgan Chase
New York
$45.8M +$376K +8,967 +0.8%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$41.3M +$1.44M +34,413 +3%
RRAM
7
River Road Asset Management
Kentucky
$40.3M +$242K +5,778 +0.6%
DSC
8
Donald Smith & Co
New York
$38.2M +$17.7K +423 +0%
PMG
9
Private Management Group
California
$30.6M -$101K -2,415 -0.3%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$28.8M -$3.55M -84,687 -10%
Vanguard Group
11
Vanguard Group
Pennsylvania
$27.4M -$51.5K -1,228 -0.2%
Millennium Management
12
Millennium Management
New York
$26.5M +$91.7K +2,187 +0.3%
CIM
13
Corda Investment Management
Texas
$22.6M +$998K +23,819 +4%
Goldman Sachs
14
Goldman Sachs
New York
$20M +$2.55M +60,962 +13%
AQR Capital Management
15
AQR Capital Management
Connecticut
$18.2M +$12.4M +297,030 +175%
State Street
16
State Street
Massachusetts
$15.4M +$682K +16,264 +4%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$14.6M +$1.42M +33,990 +10%
Norges Bank
18
Norges Bank
Norway
$13.6M +$490K +11,703 +3%
DDPIC
19
Deroy & Devereaux Private Investment Counsel
Michigan
$13.4M +$98.7K +2,356 +0.7%
RJA
20
Raymond James & Associates
Florida
$12.8M +$34.2K +815 +0.2%
Charles Schwab
21
Charles Schwab
California
$12.6M +$507K +12,098 +4%
Morgan Stanley
22
Morgan Stanley
New York
$12.5M -$121K -2,895 -0.9%
BGIM
23
Brandywine Global Investment Management
Pennsylvania
$9.54M +$4.16M +99,272 +68%
MAM
24
Martingale Asset Management
Massachusetts
$7.62M +$208K +4,958 +3%
PCS
25
Personal CFO Solutions
New Jersey
$6.46M

CNA Hedge Fund Activity: Q1 2023 in Review

214 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q1 2023, worth a combined $10.4B — down 7.7% from $11.3B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of CNA and 28 opened new positions — a net loss of 7 holders — while 64 trimmed existing stakes and 90 added.

The largest buyer was AQR Capital Management, adding an estimated $12.4M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $13.7M sold.

  • 214 institutional investors held CNA Financial (CNA) as of Q1 2023, down from 223 in Q4 2022.
  • Funds reported $10.4B of CNA Financial stock for Q1 2023, down 7.7% quarter-over-quarter.
  • 28 funds opened new CNA Financial positions in Q1 2023 and 35 closed out, a net change of -7 holders.
  • The largest CNA Financial buyer in Q1 2023 was AQR Capital Management, an estimated $12.4M added.
  • The largest CNA Financial seller in Q1 2023 was Balyasny Asset Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q1 2023.