Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Core & Main Inc (CNM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -28
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — CNM

Based on 442 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CNM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
442 funds currently hold this stock — 94% of the 3.0-year high of 470 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CNM is almost the same as a year ago (+4 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 45% buying

219 buying263 selling
Last quarter: 263 funds reduced or exited vs 219 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-26 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 66 → 85 → 86 → 60. 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.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 28% medium ■ 19% new
237 out of 442 hedge funds have held CNM 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.
➡️

Steady discovery — ~60 new funds/quarter

74 → 66 → 85 → 86 → 60 new funds/Q
New funds entering each quarter: 66 → 85 → 86 → 60. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 60% veterans vs 22% newcomers

■ 60% veterans ■ 18% 1-2yr ■ 22% new
Entry-cohort mix of 448 holders: 268 (60%) are 2+ year veterans, 82 entered 1–2 years ago, and 98 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
63 of 441 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CNM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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.

Institutional Sentiment Summary — CNM

In 2026 Q2, 219 hedge funds were net buyers of CNM (60 opened a new position, 159 added to an existing one), while 263 reduced or exited (175 trimmed, 88 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 51% of total institutional value in CNM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -28 funds (more exits than new entries). Total institutional holders: 442.

Hedge Fund Ownership: CNM

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

Market Analysis: CNM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNM

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

21 top-rated funds 5 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: CNM
2026 Q3 Stats Unlock in 46 days 436 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 436 470 -7.23%
13F Shares 200M 195M 2.51%
Total Value $9.25B $9.24B 0.06%
New Positions 57 86 -29
Increased Positions 158 160 -2
Closed Positions 90 51 +39
Reduced Positions 172 157 +15
Total Calls 5 7 -28.57%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.4 0.43 Bullish

Statistics: CNM

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Institutional Holders (2026 Q2)

436 + investors

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

QUARTER:
Top 25 CNM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Camrose Capital Investment Partners LLP 13.65% 2,504,211 $120.8M
2 CDAM (UK) Ltd 12.68% 1,017,772 $49.1M
3 Circumference Group LLC 10.48% 100,000 $4.8M
4 ACK Asset Management LLC 6.14% 1,090,000 $52.6M
5 Fernbridge Capital Management LP 4.75% 1,345,061 $64.9M
6 Sunriver Management LLC 4.70% 620,017 $29.9M
7 Bornite Capital Management LP 4.61% 759,000 $36.6M
8 Trigran Investments, Inc. 4.18% 472,746 $22.8M
9 Forest Avenue Capital Management LP 3.63% 1,793,541 $86.5M
10 Spruce House Investment Management LLC 3.05% 2,150,000 $103.7M
11 Goodnow Investment Group, LLC 2.92% 582,813 $28.1M
12 Canyon Capital Advisors LLC 2.79% 510,000 $24.6M
13 Medina Value Partners, LLC 2.39% 253,259 $12.2M
14 One68 Global Capital, LLC 1.64% 25,000 $754K
15 Fiduciary Management Inc /Wi/ 1.58% 2,308,589 $111.4M
16 Findlay Park Partners LLP 1.56% 2,395,854 $115.6M
17 Expect Equity LLC 1.55% 49,880 $2.4M
18 South Street Advisors LLC 1.40% 223,094 $10.8M
19 Select Equity Group, L.P. 1.39% 5,840,259 $281.8M
20 Thomasville National Bank 1.33% 499,731 $24.1M
21 Impax Asset Management Group plc 1.32% 4,203,618 $202.8M
22 Hill City Capital, LP 1.27% 1,028,650 $49.6M
23 Enhancing Capital LLC 1.25% 37,599 $1.8M
24 Fox Hill Wealth Management 1.20% 61,936 $3.0M
25 Liontrust Investment Partners LLP 1.20% 1,687,635 $81.4M
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 — Core & Main Inc (CNM)

What does the Smart Money Trend signal show for CNM?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CNM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CNM?

More sellers than buyers — 45% buying: Last quarter: 263 funds reduced or exited vs 219 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CNM holders?

Elite ownership — 51% AUM from top-100 funds: 63 of 441 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CNM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CNM?

54% of holders stayed for 2+ years: 237 out of 442 hedge funds have held CNM 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.

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