Cannae Holdings
CNNE
162 hedge funds and large institutions have $1.08B invested in Cannae Holdings in 2018 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 37 increasing their positions, 50 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more capital invested
Capital invested by funds: $952M → $1.08B (+$133M)
8% more funds holding
Funds holding: 150 → 162 (+12)
2.04% more ownership
Funds ownership: 79.12% → 81.16% (+2%)
26% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 50
Top Buyers
Top Sellers
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$52.5M |
| 2 |
GL
Governors Lane
New York
|
-$7.44M |
| 3 |
LCM
Lionstone Capital Management
New York
|
-$6.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$5.86M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$4.1M |
CNNE Hedge Fund Activity: Q1 2018 in Review
162 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q1 2018, worth a combined $1.08B — up 14% from $952M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CNNE positions and 17 closed out — a net gain of 15 holders — while 37 added to existing stakes and 50 trimmed.
The largest buyer was Dragoneer Investment Group, opening a new position worth an estimated $45.3M. The largest seller was Highfields Capital Management, cutting an estimated $52.5M.
- 162 institutional investors held Cannae Holdings (CNNE) as of Q1 2018, up from 150 in Q4 2017.
- Funds reported $1.08B of Cannae Holdings stock for Q1 2018, up 14% quarter-over-quarter.
- 32 funds opened new Cannae Holdings positions in Q1 2018 and 17 closed out, a net change of +15 holders.
- The largest Cannae Holdings buyer in Q1 2018 was Dragoneer Investment Group, an estimated $45.3M added.
- The largest Cannae Holdings seller in Q1 2018 was Highfields Capital Management, an estimated $52.5M sold.
Based on aggregated 13F filings for Q1 2018.