CNA Financial
292 hedge funds and large institutions have $12.9B invested in CNA Financial in 2025 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 114 increasing their positions, 92 reducing their positions, and 45 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 92
13% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 45
3% more capital invested
Capital invested by funds: $12.6B → $12.9B (+$359M)
0.09% more ownership
Funds ownership: 99.96% → 100.06% (+0.09%)
0% more funds holding
Funds holding: 292 → 292 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
98% less call options, than puts
Call options by funds: $24K | Put options by funds: $1.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$17.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.3M |
| 3 |
QCM
Quantinno Capital Management
New York
|
+$11.5M |
| 4 |
Two Sigma Advisers
New York
|
+$11.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$51.3M |
| 2 |
Jane Street
New York
|
-$15.2M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$7.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.68M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.6M |
CNA Hedge Fund Activity: Q4 2025 in Review
292 of the 8,265 institutional investors tracked by Wall St. Rank reported a position in CNA Financial (CNA) for Q4 2025, worth a combined $12.9B — up 2.9% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CNA positions and 45 closed out — a net gain of 6 holders — while 114 added to existing stakes and 92 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $17.4M. The largest seller was Bank of New York Mellon, cutting an estimated $51.3M.
- 292 institutional investors held CNA Financial (CNA) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $12.9B of CNA Financial stock for Q4 2025, up 2.9% quarter-over-quarter.
- 51 funds opened new CNA Financial positions in Q4 2025 and 45 closed out, a net change of +6 holders.
- The largest CNA Financial buyer in Q4 2025 was First Trust Advisors, an estimated $17.4M added.
- The largest CNA Financial seller in Q4 2025 was Bank of New York Mellon, an estimated $51.3M sold.
Based on aggregated 13F filings for Q4 2025.