CPF ranks #2943 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
CPF is a top-conviction position for HoldCo Asset Management, LP — at 6.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CPF belongs to BlackRock, Inc., but the position matters far more to HoldCo Asset Management, LP, who has 6.0% 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.
BlackRock has added to its CPF position for two straight quarters, increasing it by $26.9M to reach $147.0M today.
Cramer Rosenthal Mcglynn LLC has trimmed its CPF position for two straight quarters, cutting it by $2.6M while still holding $7.3M.
CPF is up 1.8% today, and institutions have been net buyers of $70.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.