Core & Main
118 hedge funds and large institutions have $7.12B invested in Core & Main in 2021 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 44 increasing their positions, 26 reducing their positions, and 9 closing their positions.
367% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 9
144% more call options, than puts
Call options by funds: $615K | Put options by funds: $252K
69% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 26
37% more funds holding
Funds holding: 86 → 118 (+32)
17% more capital invested
Capital invested by funds: $6.08B → $7.12B (+$1.05B)
1.88% more ownership
Funds ownership: 144.81% → 146.69% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
+$37.8M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$13.1M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$12.8M |
| 4 |
Select Equity Group
New York
|
+$11.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13M |
| 2 |
Jennison Associates
New York
|
-$12.1M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$7.86M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.21M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$2.7M |
CNM Hedge Fund Activity: Q4 2021 in Review
118 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Core & Main (CNM) for Q4 2021, worth a combined $7.12B — up 17% from $6.08B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CNM positions and 9 closed out — a net gain of 33 holders — while 44 added to existing stakes and 26 trimmed.
The largest buyer was Amundi, adding an estimated $37.8M. The largest seller was Vanguard Group, cutting an estimated $13M.
- 118 institutional investors held Core & Main (CNM) as of Q4 2021, up from 86 in Q3 2021.
- Funds reported $7.12B of Core & Main stock for Q4 2021, up 17% quarter-over-quarter.
- 42 funds opened new Core & Main positions in Q4 2021 and 9 closed out, a net change of +33 holders.
- The largest Core & Main buyer in Q4 2021 was Amundi, an estimated $37.8M added.
- The largest Core & Main seller in Q4 2021 was Vanguard Group, an estimated $13M sold.
Based on aggregated 13F filings for Q4 2021.