Core & Main
454 hedge funds and large institutions have $9.66B invested in Core & Main in 2026 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 162 increasing their positions, 179 reducing their positions, and 80 closing their positions.
56% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $19.7M
3.37% more ownership
Funds ownership: 103.56% → 106.92% (+3.4%)
0% more capital invested
Capital invested by funds: $9.62B → $9.66B (+$36.5M)
9% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 179
4% less funds holding
Funds holding: 475 → 454 (-21)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
20% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$176M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$123M |
| 3 |
Neuberger Berman Group
New York
|
+$91M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
+$66.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$45.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pictet Asset Management
Carouge,
Switzerland
|
-$76.7M |
| 2 |
IP
Interval Partners
New York
|
-$76.6M |
| 3 |
Select Equity Group
New York
|
-$69.9M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$52.5M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$51.5M |
CNM Hedge Fund Activity: Q2 2026 in Review
454 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Core & Main (CNM) for Q2 2026, worth a combined $9.66B — up 0.38% from $9.62B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of CNM and 64 opened new positions — a net loss of 16 holders — while 179 trimmed existing stakes and 162 added.
The largest buyer was Fidelity Investments, adding an estimated $176M. The largest seller was Pictet Asset Management, cutting an estimated $76.7M.
- 454 institutional investors held Core & Main (CNM) as of Q2 2026, down from 475 in Q1 2026.
- Funds reported $9.66B of Core & Main stock for Q2 2026, up 0.38% quarter-over-quarter.
- 64 funds opened new Core & Main positions in Q2 2026 and 80 closed out, a net change of -16 holders.
- The largest Core & Main buyer in Q2 2026 was Fidelity Investments, an estimated $176M added.
- The largest Core & Main seller in Q2 2026 was Pictet Asset Management, an estimated $76.7M sold.
Based on aggregated 13F filings for Q2 2026.