Cannae Holdings
CNNE
226 hedge funds and large institutions have $2.6B invested in Cannae Holdings in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 80 reducing their positions, and 29 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 80
1.99% less ownership
Funds ownership: 86.18% → 84.18% (-2%)
2% less funds holding
Funds holding: 231 → 226 (-5)
17% less capital invested
Capital invested by funds: $3.13B → $2.6B (-$531M)
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
26% less call options, than puts
Call options by funds: $406K | Put options by funds: $549K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
+$55.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.2M |
| 3 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
+$22.4M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$17.1M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$37.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.9M |
| 3 |
VIP
Vantage Investment Partners
Kansas City,
Missouri
|
-$28.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.7M |
CNNE Hedge Fund Activity: Q2 2021 in Review
226 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q2 2021, worth a combined $2.6B — down 17% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CNNE and 24 opened new positions — a net loss of 5 holders — while 80 trimmed existing stakes and 77 added.
The largest buyer was Davenport & Co, adding an estimated $55.3M. The largest seller was Capital World Investors, cutting an estimated $37.4M.
- 226 institutional investors held Cannae Holdings (CNNE) as of Q2 2021, down from 231 in Q1 2021.
- Funds reported $2.6B of Cannae Holdings stock for Q2 2021, down 17% quarter-over-quarter.
- 24 funds opened new Cannae Holdings positions in Q2 2021 and 29 closed out, a net change of -5 holders.
- The largest Cannae Holdings buyer in Q2 2021 was Davenport & Co, an estimated $55.3M added.
- The largest Cannae Holdings seller in Q2 2021 was Capital World Investors, an estimated $37.4M sold.
Based on aggregated 13F filings for Q2 2021.