Cannae Holdings
CNNE
214 hedge funds and large institutions have $1.74B invested in Cannae Holdings in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 81 increasing their positions, 68 reducing their positions, and 46 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 68
0.14% more ownership
Funds ownership: 84.51% → 84.65% (+0.14%)
8% less funds holding
Funds holding: 233 → 214 (-19)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
33% less capital invested
Capital invested by funds: $2.62B → $1.74B (-$877M)
35% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
ExodusPoint Capital Management
New York
|
+$13M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.3M |
| 3 |
Millennium Management
New York
|
+$10.5M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$8.57M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$7.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNF
Fidelity National Financial
Jacksonville,
Florida
|
-$28.1M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$14.8M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$11.6M |
| 4 |
Man Group
London,
United Kingdom
|
-$11.4M |
| 5 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$9.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EVM
251
Eaton Vance Management
Boston,
Massachusetts
| – | -$1K | -30 | Closed |
|
|
GWS
252
Glassman Wealth Services
Vienna,
Virginia
| – | -$1K | -30 | Closed |
|
|
SC
253
Schubert & Co
Mckinney,
Texas
| – | -$28 | -1 | -9% |
|
|
GIA
254
GHP Investment Advisors
Denver,
Colorado
| – | +$84 | +3 | New |
|
|
SIC
255
SJS Investment Consulting
Sylvania,
Ohio
| – | +$84 | +3 | New |
|
|
DI
256
Disciplined Investments
Tulsa,
Oklahoma
| – | +$479 | +17 | New |
|
257
Cerity Partners
New York
| – | +$281K | +10,000 | New |
|
CNNE Hedge Fund Activity: Q1 2022 in Review
214 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q1 2022, worth a combined $1.74B — down 33% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CNNE and 30 opened new positions — a net loss of 16 holders — while 68 trimmed existing stakes and 81 added.
The largest buyer was ExodusPoint Capital Management, adding an estimated $13M. The largest seller was Fidelity National Financial, cutting an estimated $28.1M.
- 214 institutional investors held Cannae Holdings (CNNE) as of Q1 2022, down from 233 in Q4 2021.
- Funds reported $1.74B of Cannae Holdings stock for Q1 2022, down 33% quarter-over-quarter.
- 30 funds opened new Cannae Holdings positions in Q1 2022 and 46 closed out, a net change of -16 holders.
- The largest Cannae Holdings buyer in Q1 2022 was ExodusPoint Capital Management, an estimated $13M added.
- The largest Cannae Holdings seller in Q1 2022 was Fidelity National Financial, an estimated $28.1M sold.
Based on aggregated 13F filings for Q1 2022.