Cannae Holdings
CNNE
186 hedge funds and large institutions have $1.24B invested in Cannae Holdings in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 67 increasing their positions, 65 reducing their positions, and 30 closing their positions.
162% more call options, than puts
Call options by funds: $139K | Put options by funds: $53K
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
3% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 65
3.93% less ownership
Funds ownership: 83.9% → 79.97% (-3.9%)
5% less capital invested
Capital invested by funds: $1.3B → $1.24B (-$68M)
8% less funds holding
Funds holding: 202 → 186 (-16)
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
Top Buyers
| 1 |
NM
Newtyn Management
New York
|
+$14.6M |
| 2 |
PCU
Palliser Capital (UK)
London,
United Kingdom
|
+$11.7M |
| 3 |
Man Group
London,
United Kingdom
|
+$7.09M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$5.98M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$5.95M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.8M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$20M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$9.76M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$8.16M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.1M |
CNNE Hedge Fund Activity: Q2 2023 in Review
186 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q2 2023, worth a combined $1.24B — down 5.2% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CNNE and 16 opened new positions — a net loss of 14 holders — while 65 trimmed existing stakes and 67 added.
The largest buyer was Newtyn Management, adding an estimated $14.6M. The largest seller was Fidelity Investments, cutting an estimated $51.8M.
- 186 institutional investors held Cannae Holdings (CNNE) as of Q2 2023, down from 202 in Q1 2023.
- Funds reported $1.24B of Cannae Holdings stock for Q2 2023, down 5.2% quarter-over-quarter.
- 16 funds opened new Cannae Holdings positions in Q2 2023 and 30 closed out, a net change of -14 holders.
- The largest Cannae Holdings buyer in Q2 2023 was Newtyn Management, an estimated $14.6M added.
- The largest Cannae Holdings seller in Q2 2023 was Fidelity Investments, an estimated $51.8M sold.
Based on aggregated 13F filings for Q2 2023.