Cannae Holdings
CNNE
222 hedge funds and large institutions have $2.9B invested in Cannae Holdings in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 64 increasing their positions, 71 reducing their positions, and 50 closing their positions.
1,032% more call options, than puts
Call options by funds: $4.89M | Put options by funds: $432K
10% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 71
1.69% less ownership
Funds ownership: 87.45% → 85.76% (-1.7%)
5% less funds holding
Funds holding: 233 → 222 (-11)
10% less capital invested
Capital invested by funds: $3.22B → $2.9B (-$325M)
20% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 50
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$150M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$49.4M |
| 3 |
EC
Eminence Capital
New York
|
+$44.4M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$20.8M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.6M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
-$30.3M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$29.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$28.7M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$20.6M |
CNNE Hedge Fund Activity: Q3 2020 in Review
222 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q3 2020, worth a combined $2.9B — down 10% from $3.22B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CNNE and 40 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 64 added.
The largest buyer was Capital World Investors, adding an estimated $150M. The largest seller was Fidelity Investments, cutting an estimated $39.6M.
- 222 institutional investors held Cannae Holdings (CNNE) as of Q3 2020, down from 233 in Q2 2020.
- Funds reported $2.9B of Cannae Holdings stock for Q3 2020, down 10% quarter-over-quarter.
- 40 funds opened new Cannae Holdings positions in Q3 2020 and 50 closed out, a net change of -10 holders.
- The largest Cannae Holdings buyer in Q3 2020 was Capital World Investors, an estimated $150M added.
- The largest Cannae Holdings seller in Q3 2020 was Fidelity Investments, an estimated $39.6M sold.
Based on aggregated 13F filings for Q3 2020.