Cannae Holdings
CNNE
202 hedge funds and large institutions have $1.3B invested in Cannae Holdings in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 67 increasing their positions, 71 reducing their positions, and 43 closing their positions.
6,089% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $18K
1.85% more ownership
Funds ownership: 82.05% → 83.9% (+1.9%)
2% more capital invested
Capital invested by funds: $1.28B → $1.3B (+$27.5M)
6% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 71
9% less funds holding
Funds holding: 223 → 202 (-21)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
44% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$14M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.7M |
| 4 |
JFG
Jefferies Financial Group
New York
|
+$7.64M |
| 5 |
PCU
Palliser Capital (UK)
London,
United Kingdom
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nitorum Capital
New York
|
-$15M |
| 2 |
Man Group
London,
United Kingdom
|
-$11.8M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$4.22M |
| 4 |
BlackRock
New York
|
-$3.98M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$3.85M |
CNNE Hedge Fund Activity: Q1 2023 in Review
202 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q1 2023, worth a combined $1.3B — up 2.2% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of CNNE and 24 opened new positions — a net loss of 19 holders — while 71 trimmed existing stakes and 67 added.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $14M. The largest seller was Nitorum Capital, cutting an estimated $15M.
- 202 institutional investors held Cannae Holdings (CNNE) as of Q1 2023, down from 223 in Q4 2022.
- Funds reported $1.3B of Cannae Holdings stock for Q1 2023, up 2.2% quarter-over-quarter.
- 24 funds opened new Cannae Holdings positions in Q1 2023 and 43 closed out, a net change of -19 holders.
- The largest Cannae Holdings buyer in Q1 2023 was Neuberger Berman Group, an estimated $14M added.
- The largest Cannae Holdings seller in Q1 2023 was Nitorum Capital, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2023.