Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CNA FINL CORP (CNA)

277 + Investors. Track Smart Money conviction in CNA. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
3Q ▲
Buyers last Q
55%

Smart Money Signals — CNA

Based on 275 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added CNA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
275 hedge funds hold CNA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

161 buying131 selling
Last quarter: 161 funds bought or added vs 131 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 32 → 41 → 57 → 49. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

58% of holders stayed for 2+ years

58% conviction (2yr+) 23% medium 19% new
160 out of 275 hedge funds have held CNA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

38 → 32 → 41 → 57 → 49 new funds/Q
New funds entering each quarter: 32 → 41 → 57 → 49. A growing number of institutions are discovering CNA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 65% of holders stayed 2+ years

65% veterans 14% 1-2yr 21% new
Of 277 current holders: 181 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
36 of 275 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CNA

How many hedge funds hold CNA — quarterly history vs. share price
Quarterly hedge fund ownership of CNA vs. share price

Market Analysis: CNA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNA

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

41 top-rated funds 0 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: CNA
2026 Q1 Stats Unlock in 22 days 277 + Investors

Track Smart Money conviction in CNA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 277 274 1.09%
13F Shares 271M 271M 0.12%
Total Value $12.95B $12.59B 2.92%
New Positions 49 59 -10
Increased Positions 112 101 +11
Closed Positions 45 38 +7
Reduced Positions 92 81 +11
Total Calls 0 4 -100.0%
Total Puts 3 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CNA

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

277 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CNA. Verified SEC 13F-HR filings.

Top 25 institutional holders of CNA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Board of the Pension Protection Fund 0.51% 12,100 $556K
2 Uncommon Cents Investing LLC 0.31% 29,515 $1.4M
3 MBM WEALTH CONSULTANTS, LLC 0.10% 9,471 $435K
4 Vest Financial, LLC 0.04% 76,048 $3.5M
5 Impact Partnership Wealth, LLC 0.03% 4,868 $224K
6 Claro Advisors Inc. 0.03% 4,848 $223K
7 Inscription Capital, LLC 0.03% 5,375 $247K
8 Aaron Wealth Advisors LLC 0.02% 7,606 $349K
9 Ethic Inc. 0.02% 25,415 $1.2M
10 Perigon Wealth Management, LLC 0.01% 13,181 $605K
11 Versant Capital Management, Inc 0.01% 1,678 $77K
12 GATEWAY INVESTMENT ADVISERS LLC 0.01% 13,093 $601K
13 ELEVATION WEALTH PARTNERS, LLC 0.01% 406 $19K
14 THOMPSON INVESTMENT MANAGEMENT, INC. 0.01% 1,116 $51K
15 HB Wealth Management, LLC 0.01% 21,790 $1.0M
16 True Wealth Design, LLC 0.01% 469 $22K
17 State of Alaska, Department of Revenue 0.01% 11,635
18 GAMMA Investing LLC 0.00% 2,191 $101K
19 Sterling Capital Management LLC 0.00% 5,243 $241K
20 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 63,059 $2.9M
21 Networth Advisors, LLC 0.00% 122 $6K
22 SIGNATUREFD, LLC 0.00% 4,477 $206K
23 TOMPKINS FINANCIAL CORP 0.00% 600 $28K
24 Farther Finance Advisors, LLC 0.00% 3,818 $175K
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% 16,339 $756K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CNA FINL CORP (CNA)

What does the Smart Money Trend signal show for CNA?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added CNA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CNA?

Slight buying edge — 55% buying: Last quarter: 161 funds bought or added vs 131 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CNA holders?

Smaller funds dominant — 3% AUM from top-100: 36 of 275 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held CNA?

58% of holders stayed for 2+ years: 160 out of 275 hedge funds have held CNA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.