Cannae Holdings
CNNE
186 hedge funds and large institutions have $623M invested in Cannae Holdings in 2025 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 37 increasing their positions, 79 reducing their positions, and 36 closing their positions.
1% more funds holding
Funds holding: 184 → 186 (+2)
1.01% more ownership
Funds ownership: 79.28% → 80.29% (+1%)
8% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 36
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
23% less capital invested
Capital invested by funds: $813M → $623M (-$190M)
53% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$7.26M |
| 2 |
Jane Street
New York
|
+$6.91M |
| 3 |
SCM
Saba Capital Management
New York
|
+$5.51M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$3.13M |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$24.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$14.3M |
| 3 |
NC
Nitorum Capital
New York
|
-$13.3M |
| 4 |
BlackRock
New York
|
-$12.2M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$11.3M |
CNNE Hedge Fund Activity: Q4 2025 in Review
186 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Cannae Holdings (CNNE) for Q4 2025, worth a combined $623M — down 23% from $813M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CNNE positions and 36 closed out — a net gain of 3 holders — while 37 added to existing stakes and 79 trimmed.
The largest buyer was State of Wisconsin Investment Board, adding an estimated $7.26M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $24.2M sold.
- 186 institutional investors held Cannae Holdings (CNNE) as of Q4 2025, up from 184 in Q3 2025.
- Funds reported $623M of Cannae Holdings stock for Q4 2025, down 23% quarter-over-quarter.
- 39 funds opened new Cannae Holdings positions in Q4 2025 and 36 closed out, a net change of +3 holders.
- The largest Cannae Holdings buyer in Q4 2025 was State of Wisconsin Investment Board, an estimated $7.26M added.
- The largest Cannae Holdings seller in Q4 2025 was Rubric Capital Management (New York), an estimated $24.2M sold.
Based on aggregated 13F filings for Q4 2025.