Core & Main
137 hedge funds and large institutions have $5.74B invested in Core & Main in 2022 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 72 increasing their positions, 15 reducing their positions, and 24 closing their positions.
748% more call options, than puts
Call options by funds: $7.16M | Put options by funds: $845K
380% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 15
83% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 24
16% more funds holding
Funds holding: 118 → 137 (+19)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.78% less ownership
Funds ownership: 146.69% → 137.91% (-8.8%)
19% less capital invested
Capital invested by funds: $7.12B → $5.74B (-$1.38B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$71M |
| 2 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
+$50.5M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$49.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CDR
Clayton Dubilier & Rice
New York
|
-$471M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.76M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$9.1M |
| 4 |
Morgan Stanley
New York
|
-$6.22M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.62M |
CNM Hedge Fund Activity: Q1 2022 in Review
137 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Core & Main (CNM) for Q1 2022, worth a combined $5.74B — down 19% from $7.12B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CNM positions and 24 closed out — a net gain of 20 holders — while 72 added to existing stakes and 15 trimmed.
The largest buyer was Select Equity Group, adding an estimated $71M. The largest seller was Clayton Dubilier & Rice, cutting an estimated $471M.
- 137 institutional investors held Core & Main (CNM) as of Q1 2022, up from 118 in Q4 2021.
- Funds reported $5.74B of Core & Main stock for Q1 2022, down 19% quarter-over-quarter.
- 44 funds opened new Core & Main positions in Q1 2022 and 24 closed out, a net change of +20 holders.
- The largest Core & Main buyer in Q1 2022 was Select Equity Group, an estimated $71M added.
- The largest Core & Main seller in Q1 2022 was Clayton Dubilier & Rice, an estimated $471M sold.
Based on aggregated 13F filings for Q1 2022.