Core & Main
135 hedge funds and large institutions have $5.3B invested in Core & Main in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 25 closing their positions.
24,067% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $6K
11% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 47
3.69% more ownership
Funds ownership: 137.91% → 141.6% (+3.7%)
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 137 → 135 (-2)
8% less capital invested
Capital invested by funds: $5.74B → $5.3B (-$439M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$61.1M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$23.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.6M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$12M |
| 5 |
Morgan Stanley
New York
|
+$9.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$50.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$16.6M |
| 3 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$15.8M |
| 4 |
Select Equity Group
New York
|
-$10.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.21M |
CNM Hedge Fund Activity: Q2 2022 in Review
135 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Core & Main (CNM) for Q2 2022, worth a combined $5.3B — down 7.7% from $5.74B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CNM positions and 25 closed out — a net gain of 1 holder — while 52 added to existing stakes and 47 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $61.1M. The largest seller was Robeco Institutional Asset Management, exiting entirely with an estimated $50.8M sold.
- 135 institutional investors held Core & Main (CNM) as of Q2 2022, down from 137 in Q1 2022.
- Funds reported $5.3B of Core & Main stock for Q2 2022, down 7.7% quarter-over-quarter.
- 26 funds opened new Core & Main positions in Q2 2022 and 25 closed out, a net change of +1 holder.
- The largest Core & Main buyer in Q2 2022 was Eaton Vance Management, an estimated $61.1M added.
- The largest Core & Main seller in Q2 2022 was Robeco Institutional Asset Management, an estimated $50.8M sold.
Based on aggregated 13F filings for Q2 2022.