CNNE ranks #2930 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
CNNE is a top-conviction position for Michelson Medical Research Foundation, Inc. — at 6.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CNNE belongs to BlackRock, Inc., but the position matters far more to Michelson Medical Research Foundation, Inc., who has 6.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Wedge Capital Management L L P/nc has added to its CNNE position for two straight quarters, increasing it by $516.6K to reach $2.4M today.
CNNE is down 2.2% today, but institutions show net buying of $23.6M this quarter — a divergence between today's price move and the underlying institutional flow.