C & F FINL CORP CFFI
COM · Common Stock · CUSIP 12466Q104
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersToano, VA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 3.5m as of 2023-02-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $51.71.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 39 |
| Q4 2022 | 44 |
| Q1 2023 | 47 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 15 | 11 |
| Q1 2023 | 19 | 16 |
Biggest buyers
| Raymond James Financial Services Advisors, Inc. | New | +49.4k |
| FMR LLC | Added | +37.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +10.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +9.2k |
| JANE STREET GROUP, LLC | New | +8.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | New | +7.0k |
| MORGAN STANLEY | Added | +3.6k |
| Qube Research & Technologies Ltd | Added | +2.7k |
| CITIGROUP INC | Added | +1.5k |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.1k |
Biggest sellers
| OSAIC HOLDINGS, INC. | Reduced | -54.0k |
| Ategra Capital Management, LLC | Reduced | -20.3k |
| TCV Trust & Wealth Management, Inc. | Reduced | -4.6k |
| J.P. Morgan Private Wealth Advisors LLC | Sold out | -3.8k |
| BHZ CAPITAL MANAGEMENT, LP | Reduced | -3.7k |
| BlackRock Inc. | Reduced | -3.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Reduced | -2.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -801 |
| DAVENPORT & Co LLC | Reduced | -800 |
| ROYAL BANK OF CANADA | Reduced | -500 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2025-10-17 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $112.2k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $336.1k | — |
| Q1 2023 | 0 | — | 2 | $226.9k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-02-10 | CHERRY THOMAS F President & CEO, director | Sold | $39.4k674 shares |
| 2023-02-09 | CHERRY THOMAS F President & CEO, director | Sold | $59.2k1.0k shares |
| 2023-02-02 | Holmes Audrey Dale Director | Sold | $34.8k583 shares |
| 2023-01-27 | CHERRY THOMAS F President & CEO, director | Sold | $93.5k1.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 190.7k $9.9m | Added +1.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 149.5k $7.7m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 111.2k $5.8m | Reduced -801 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 82.0k $4.2m | Added +300 |
| FMR LLC 0.00% of their portfolio | 74.6k $3.9m | Added +37.3k |
| Ategra Capital Management, LLC 2.03% of their portfolio | 70.4k $3.6m | Reduced -20.3k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 49.4k $2.6m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 35.7k $1.8m | Added +9.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 33.3k $1.7m | Reduced -380 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 30.4k $1.6m | Added +476 |
| BHZ CAPITAL MANAGEMENT, LP 0.96% of their portfolio | 30.4k $1.6m | Reduced -3.7k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 30.4k $1.6m | Unchanged |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 30.1k $1.6m | Unchanged |
| Huber Capital Management LLC 0.37% of their portfolio | 29.1k $1.5m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 24.8k $1.3m | Reduced -3.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 19.1k $989.7k | Added +10.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 17.9k $924.8k | Reduced -1 |
| JOHN G ULLMAN & ASSOCIATES INC 0.14% of their portfolio | 17.4k $899.0k | Reduced -300 |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 16.3k $842.6k | Unchanged |
| Dakota Wealth Management 0.04% of their portfolio | 13.0k $672.3k | Unchanged |
| TCV Trust & Wealth Management, Inc. 0.07% of their portfolio | 12.0k $620.5k | Reduced -4.6k |
| STATE STREET CORP 0.00% of their portfolio | 10.8k $565.1k | Added +400 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 10.4k $537.8k | Reduced -2.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 8.9k $459.8k | Reduced -283 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 8.0k $413.5k | New |
| DAVENPORT & Co LLC 0.00% of their portfolio | 7.4k $384.3k | Reduced -800 |
| MORGAN STANLEY 0.00% of their portfolio | 7.3k $378.2k | Added +3.6k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 7.0k $360.4k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 6.6k $345.0k | Added +6 |
| CITIGROUP INC 0.00% of their portfolio | 6.3k $327.4k | Added +1.5k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 6.2k $318.1k | Added +2.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 4.7k $243.0k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 4.7k $242.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.5k $181.0k | Reduced -500 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.3k $117.3k | Reduced -54.0k |
| UBS Group AG 0.00% of their portfolio | 1.5k $77.8k | Added +1.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 753 $38.9k | Added +737 |
| SouthState Bank Corp 0.00% of their portfolio | 404 $20.9k | Unchanged |
| Advisory Services Network, LLC 0.00% of their portfolio | 351 $18.2k | Added +2 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 296 $15.0k | New |
| Anchor Investment Management, LLC 0.00% of their portfolio | 268 $13.9k | Unchanged |
| DENALI ADVISORS LLC 0.00% of their portfolio | 200 $10.3k | New |
| BDO Wealth Advisors, LLC 0.00% of their portfolio | 160 $8.3k | Unchanged |
| TOMPKINS FINANCIAL CORP 0.00% of their portfolio | 100 $5.2k | Reduced -100 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 73 $3.8k | Unchanged |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 32 $1.7k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |