Cannae Holdings
CNNE
169 hedge funds and large institutions have $1.02B invested in Cannae Holdings in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 20 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0% less ownership
Funds ownership: 82.12% → 82.11% (-0%)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
1% less funds holding
Funds holding: 170 → 169 (-1)
6% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 52
18% less capital invested
Capital invested by funds: $1.24B → $1.02B (-$220M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.4M |
| 2 |
NC
Nitorum Capital
New York
|
+$18M |
| 3 |
LCM
Lomas Capital Management
New York
|
+$15.4M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$9.97M |
| 5 |
Millennium Management
New York
|
+$6.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$64.5M |
| 2 |
Bank of New York Mellon
New York
|
-$12.1M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$10M |
| 4 |
Goldman Sachs
New York
|
-$6.61M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.72M |
CNNE Hedge Fund Activity: Q4 2018 in Review
169 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q4 2018, worth a combined $1.02B — down 18% from $1.24B a quarter earlier.
Fund positioning in CNNE was balanced in Q4 2018: 20 funds opened new positions, 20 closed out, 49 added to existing stakes and 52 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $32.4M. The largest seller was Abdiel Capital Advisors, cutting an estimated $64.5M.
- 169 institutional investors held Cannae Holdings (CNNE) as of Q4 2018, down from 170 in Q3 2018.
- Funds reported $1.02B of Cannae Holdings stock for Q4 2018, down 18% quarter-over-quarter.
- 20 funds opened new Cannae Holdings positions in Q4 2018 and 20 closed out, a net change of 0 holders.
- The largest Cannae Holdings buyer in Q4 2018 was Fidelity Investments, an estimated $32.4M added.
- The largest Cannae Holdings seller in Q4 2018 was Abdiel Capital Advisors, an estimated $64.5M sold.
Based on aggregated 13F filings for Q4 2018.