Cannae Holdings
CNNE
192 hedge funds and large institutions have $2.21B invested in Cannae Holdings in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 64 reducing their positions, and 40 closing their positions.
789% more call options, than puts
Call options by funds: $19M | Put options by funds: $2.14M
3% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 64
1.2% less ownership
Funds ownership: 84.29% → 83.1% (-1.2%)
10% less capital invested
Capital invested by funds: $2.47B → $2.21B (-$259M)
11% less funds holding
Funds holding: 216 → 192 (-24)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
50% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$46.9M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$31.4M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$17.7M |
| 4 |
BlackRock
New York
|
+$15.7M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nitorum Capital
New York
|
-$17.4M |
| 2 |
ECM
Element Capital Management
New York
|
-$11.2M |
| 3 |
Millennium Management
New York
|
-$10.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$10.6M |
| 5 |
Holocene Advisors
New York
|
-$9.3M |
CNNE Hedge Fund Activity: Q1 2020 in Review
192 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q1 2020, worth a combined $2.21B — down 10% from $2.47B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CNNE and 20 opened new positions — a net loss of 20 holders — while 64 trimmed existing stakes and 66 added.
The largest buyer was Fidelity Investments, adding an estimated $46.9M. The largest seller was Nitorum Capital, cutting an estimated $17.4M.
- 192 institutional investors held Cannae Holdings (CNNE) as of Q1 2020, down from 216 in Q4 2019.
- Funds reported $2.21B of Cannae Holdings stock for Q1 2020, down 10% quarter-over-quarter.
- 20 funds opened new Cannae Holdings positions in Q1 2020 and 40 closed out, a net change of -20 holders.
- The largest Cannae Holdings buyer in Q1 2020 was Fidelity Investments, an estimated $46.9M added.
- The largest Cannae Holdings seller in Q1 2020 was Nitorum Capital, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2020.