Cannae Holdings
CNNE
233 hedge funds and large institutions have $3.23B invested in Cannae Holdings in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 82 increasing their positions, 57 reducing their positions, and 15 closing their positions.
513% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $3.03M
280% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 15
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
46% more capital invested
Capital invested by funds: $2.21B → $3.23B (+$1.02B)
44% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 57
21% more funds holding
Funds holding: 192 → 233 (+41)
4.35% more ownership
Funds ownership: 83.1% → 87.45% (+4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$60.5M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$58.9M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$36.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.6M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$51.3M |
| 2 |
LCM
Lomas Capital Management
New York
|
-$45.4M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$22.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.4M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$8.45M |
CNNE Hedge Fund Activity: Q2 2020 in Review
233 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q2 2020, worth a combined $3.23B — up 46% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CNNE positions and 15 closed out — a net gain of 42 holders — while 82 added to existing stakes and 57 trimmed.
The largest buyer was Azora Capital LP, opening a new position worth an estimated $60.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $51.3M.
- 233 institutional investors held Cannae Holdings (CNNE) as of Q2 2020, up from 192 in Q1 2020.
- Funds reported $3.23B of Cannae Holdings stock for Q2 2020, up 46% quarter-over-quarter.
- 57 funds opened new Cannae Holdings positions in Q2 2020 and 15 closed out, a net change of +42 holders.
- The largest Cannae Holdings buyer in Q2 2020 was Azora Capital LP, an estimated $60.5M added.
- The largest Cannae Holdings seller in Q2 2020 was T. Rowe Price Associates, an estimated $51.3M sold.
Based on aggregated 13F filings for Q2 2020.