Cannae Holdings
CNNE
199 hedge funds and large institutions have $1.34B invested in Cannae Holdings in 2022 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 61 increasing their positions, 81 reducing their positions, and 38 closing their positions.
12,038% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $133K
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2.26% less ownership
Funds ownership: 84.65% → 82.39% (-2.3%)
7% less funds holding
Funds holding: 214 → 199 (-15)
21% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 38
23% less capital invested
Capital invested by funds: $1.74B → $1.34B (-$400M)
25% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
+$29.4M |
| 2 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$26.6M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$11.5M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$10.9M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNF
Fidelity National Financial
Jacksonville,
Florida
|
-$114M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$25.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.6M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$15M |
| 5 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$13.2M |
CNNE Hedge Fund Activity: Q2 2022 in Review
199 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q2 2022, worth a combined $1.34B — down 23% from $1.74B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CNNE and 30 opened new positions — a net loss of 8 holders — while 81 trimmed existing stakes and 61 added.
The largest buyer was Newtyn Management, opening a new position worth an estimated $29.4M. The largest seller was Fidelity National Financial, exiting entirely with an estimated $114M sold.
- 199 institutional investors held Cannae Holdings (CNNE) as of Q2 2022, down from 214 in Q1 2022.
- Funds reported $1.34B of Cannae Holdings stock for Q2 2022, down 23% quarter-over-quarter.
- 30 funds opened new Cannae Holdings positions in Q2 2022 and 38 closed out, a net change of -8 holders.
- The largest Cannae Holdings buyer in Q2 2022 was Newtyn Management, an estimated $29.4M added.
- The largest Cannae Holdings seller in Q2 2022 was Fidelity National Financial, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2022.