Cannae Holdings
CNNE
173 hedge funds and large institutions have $1.6B invested in Cannae Holdings in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 55 reducing their positions, and 23 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.98% less ownership
Funds ownership: 81.44% → 80.46% (-0.98%)
2% less funds holding
Funds holding: 177 → 173 (-4)
7% less capital invested
Capital invested by funds: $1.71B → $1.6B (-$115M)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
20% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 55
Top Buyers
| 1 |
LCM
Lomas Capital Management
New York
|
+$13.4M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$7.17M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.72M |
| 4 |
BlackRock
New York
|
+$5.97M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$4.3M |
Top Sellers
| 1 |
GL
Governors Lane
New York
|
-$15M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$12.4M |
| 3 |
NC
Nitorum Capital
New York
|
-$6.57M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$5.29M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$4.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTI
176
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$255K | -8,791 | Closed |
|
|
CIM
177
Cambria Investment Management
Manhattan Beach,
California
| – | -$218K | -7,516 | Closed |
|
|
CCMG
178
Clark Capital Management Group
Philadelphia,
Pennsylvania
| – | -$209K | -7,214 | Closed |
|
|
AG
179
Aperio Group
Sausalito,
California
| – | -$198K | -6,822 | Closed |
|
|
QT
180
Quantamental Technologies
White Plains,
New York
| – | -$95K | -3,292 | Closed |
|
181
Simplex Trading
Chicago,
Illinois
| – | -$24K | -855 | Closed |
|
182
First Manhattan
New York
| – | -$4K | -166 | Closed |
|
|
NFG
183
Next Financial Group
Houston,
Texas
| – | -$3K | -118 | Closed |
|
|
AOWM
184
Alpha Omega Wealth Management
Richmond,
Virginia
| – | -$3K | -102 | Closed |
|
|
NIT
185
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$3K | -100 | Closed |
|
|
SMFS
186
Squar Milner Financial Services
Irvine,
California
| – | -$2K | -74 | Closed |
|
|
CI
187
CX Institutional
Auburn,
Indiana
| – | -$1K | -30 | Closed |
|
|
SF
188
Synovus Financial
Columbus,
Georgia
| – | +$85 | +3 | New |
|
CNNE Hedge Fund Activity: Q3 2019 in Review
173 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q3 2019, worth a combined $1.6B — down 6.7% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CNNE and 20 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 44 added.
The largest buyer was Lomas Capital Management, adding an estimated $13.4M. The largest seller was Governors Lane, exiting entirely with an estimated $15M sold.
- 173 institutional investors held Cannae Holdings (CNNE) as of Q3 2019, down from 177 in Q2 2019.
- Funds reported $1.6B of Cannae Holdings stock for Q3 2019, down 6.7% quarter-over-quarter.
- 20 funds opened new Cannae Holdings positions in Q3 2019 and 23 closed out, a net change of -3 holders.
- The largest Cannae Holdings buyer in Q3 2019 was Lomas Capital Management, an estimated $13.4M added.
- The largest Cannae Holdings seller in Q3 2019 was Governors Lane, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2019.