Cannae Holdings
CNNE
204 hedge funds and large institutions have $919M invested in Cannae Holdings in 2024 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 60 increasing their positions, 68 reducing their positions, and 47 closing their positions.
11% more call options, than puts
Call options by funds: $146K | Put options by funds: $131K
0.18% more ownership
Funds ownership: 80.57% → 80.74% (+0.18%)
6% less funds holding
Funds holding: 218 → 204 (-14)
12% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 68
23% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 47
29% less capital invested
Capital invested by funds: $1.3B → $919M (-$379M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$19.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.4M |
| 3 |
ACM
AREX Capital Management
New York
|
+$8.39M |
| 4 |
CC
Centiva Capital
New York
|
+$7.94M |
| 5 |
SCM
Saba Capital Management
New York
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$28.5M |
| 2 |
NM
Newtyn Management
New York
|
-$25.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.2M |
| 4 |
Bank of New York Mellon
New York
|
-$14.7M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$14.7M |
CNNE Hedge Fund Activity: Q2 2024 in Review
204 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q2 2024, worth a combined $919M — down 29% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CNNE and 36 opened new positions — a net loss of 11 holders — while 68 trimmed existing stakes and 60 added.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $19.9M. The largest seller was Millennium Management, cutting an estimated $28.5M.
- 204 institutional investors held Cannae Holdings (CNNE) as of Q2 2024, down from 218 in Q1 2024.
- Funds reported $919M of Cannae Holdings stock for Q2 2024, down 29% quarter-over-quarter.
- 36 funds opened new Cannae Holdings positions in Q2 2024 and 47 closed out, a net change of -11 holders.
- The largest Cannae Holdings buyer in Q2 2024 was Driehaus Capital Management, an estimated $19.9M added.
- The largest Cannae Holdings seller in Q2 2024 was Millennium Management, an estimated $28.5M sold.
Based on aggregated 13F filings for Q2 2024.