Cannae Holdings
CNNE
218 hedge funds and large institutions have $1.3B invested in Cannae Holdings in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 62 increasing their positions, 71 reducing their positions, and 41 closing their positions.
11% more capital invested
Capital invested by funds: $1.17B → $1.3B (+$133M)
2% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 41
2% less funds holding
Funds holding: 222 → 218 (-4)
3.97% less ownership
Funds ownership: 84.54% → 80.57% (-4%)
13% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 71
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
78% less call options, than puts
Call options by funds: $493K | Put options by funds: $2.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$31M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$18M |
| 3 |
ACM
AREX Capital Management
New York
|
+$13M |
| 4 |
Barclays
London,
United Kingdom
|
+$12.4M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$9.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$27.8M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$16.4M |
| 3 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$14.3M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$12.4M |
| 5 |
Neuberger Berman Group
New York
|
-$12.3M |
CNNE Hedge Fund Activity: Q1 2024 in Review
218 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q1 2024, worth a combined $1.3B — up 11% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of CNNE and 40 opened new positions — a net loss of 1 holder — while 71 trimmed existing stakes and 62 added.
The largest buyer was Millennium Management, adding an estimated $31M. The largest seller was Newtyn Management, cutting an estimated $27.8M.
- 218 institutional investors held Cannae Holdings (CNNE) as of Q1 2024, down from 222 in Q4 2023.
- Funds reported $1.3B of Cannae Holdings stock for Q1 2024, up 11% quarter-over-quarter.
- 40 funds opened new Cannae Holdings positions in Q1 2024 and 41 closed out, a net change of -1 holder.
- The largest Cannae Holdings buyer in Q1 2024 was Millennium Management, an estimated $31M added.
- The largest Cannae Holdings seller in Q1 2024 was Newtyn Management, an estimated $27.8M sold.
Based on aggregated 13F filings for Q1 2024.