Cannae Holdings
CNNE
170 hedge funds and large institutions have $1.24B invested in Cannae Holdings in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 34 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more capital invested
Capital invested by funds: $1.07B → $1.24B (+$168M)
0.92% more ownership
Funds ownership: 81.35% → 82.27% (+0.92%)
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
7% less funds holding
Funds holding: 182 → 170 (-12)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nitorum Capital
New York
|
+$28.7M |
| 2 |
ACA
Abdiel Capital Advisors
New York
|
+$13M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$9.32M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.02M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$16.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.62M |
| 4 |
Millennium Management
New York
|
-$7.11M |
| 5 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$4.87M |
CNNE Hedge Fund Activity: Q3 2018 in Review
170 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q3 2018, worth a combined $1.24B — up 16% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CNNE and 23 opened new positions — a net loss of 11 holders — while 45 trimmed existing stakes and 42 added.
The largest buyer was Nitorum Capital, adding an estimated $28.7M. The largest seller was Bank of New York Mellon, cutting an estimated $16.1M.
- 170 institutional investors held Cannae Holdings (CNNE) as of Q3 2018, down from 182 in Q2 2018.
- Funds reported $1.24B of Cannae Holdings stock for Q3 2018, up 16% quarter-over-quarter.
- 23 funds opened new Cannae Holdings positions in Q3 2018 and 34 closed out, a net change of -11 holders.
- The largest Cannae Holdings buyer in Q3 2018 was Nitorum Capital, an estimated $28.7M added.
- The largest Cannae Holdings seller in Q3 2018 was Bank of New York Mellon, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2018.