Cannae Holdings
CNNE
183 hedge funds and large institutions have $1.07B invested in Cannae Holdings in 2018 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 40 reducing their positions, and 18 closing their positions.
128% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 18
30% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 40
13% more funds holding
Funds holding: 162 → 183 (+21)
0.2% more ownership
Funds ownership: 81.16% → 81.36% (+0.2%)
1% less capital invested
Capital invested by funds: $1.08B → $1.07B (-$14.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$71M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.1M |
| 3 |
GL
Governors Lane
New York
|
+$12.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.6M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$9.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$47.6M |
| 2 |
MCM
Moon Capital Management
New York
|
-$28.4M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$27.8M |
| 4 |
LCM
Lomas Capital Management
New York
|
-$22.9M |
| 5 |
Bank of New York Mellon
New York
|
-$15.2M |
CNNE Hedge Fund Activity: Q2 2018 in Review
183 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q2 2018, worth a combined $1.07B — down 1.3% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CNNE positions and 18 closed out — a net gain of 23 holders — while 52 added to existing stakes and 40 trimmed.
The largest buyer was Abdiel Capital Advisors, opening a new position worth an estimated $71M. The largest seller was Dragoneer Investment Group, exiting entirely with an estimated $47.6M sold.
- 183 institutional investors held Cannae Holdings (CNNE) as of Q2 2018, up from 162 in Q1 2018.
- Funds reported $1.07B of Cannae Holdings stock for Q2 2018, down 1.3% quarter-over-quarter.
- 41 funds opened new Cannae Holdings positions in Q2 2018 and 18 closed out, a net change of +23 holders.
- The largest Cannae Holdings buyer in Q2 2018 was Abdiel Capital Advisors, an estimated $71M added.
- The largest Cannae Holdings seller in Q2 2018 was Dragoneer Investment Group, an estimated $47.6M sold.
Based on aggregated 13F filings for Q2 2018.