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 ($1.0m this quarter). Holder counts are more reliable. Shares outstanding: 3.4m as of 2023-08-04, 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 ≈ $53.70.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 39 |
| Q4 2022 | 44 |
| Q1 2023 | 47 |
| Q2 2023 | 58 |
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 |
| Q2 2023 | 35 | 18 |
Biggest buyers
| BlackRock Inc. | Added | +130.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +32.8k |
| STATE STREET CORP | Added | +25.7k |
| NORTHERN TRUST CORP | Added | +21.6k |
| VANGUARD GROUP INC | Added | +12.9k |
| Huber Capital Management LLC | Added | +10.3k |
| Bank of New York Mellon Corp | New | +10.1k |
| Empowered Funds, LLC | New | +9.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +8.7k |
| Nuveen Asset Management, LLC | New | +4.2k |
Biggest sellers
| Ategra Capital Management, LLC | Reduced | -57.4k |
| FMR LLC | Reduced | -37.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -31.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -19.1k |
| BHZ CAPITAL MANAGEMENT, LP | Reduced | -17.3k |
| JANE STREET GROUP, LLC | Sold out | -8.0k |
| Qube Research & Technologies Ltd | Sold out | -6.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Reduced | -5.6k |
| CITIGROUP INC | Reduced | -5.4k |
| ENVESTNET ASSET MANAGEMENT INC | Sold out | -4.7k |
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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2023 | 0 | — | 2 | $206.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-08 | Crone S Dustin Pres and CEO of C&F Finance | Sold | $56.9k1.0k shares |
| 2023-06-08 | CHERRY THOMAS F President & CEO, director | Sold | $41.7k732 shares |
| 2023-06-07 | Crone S Dustin Pres and CEO of C&F Finance | Sold | $55.4k1.0k shares |
| 2023-06-06 | Crone S Dustin Pres and CEO of C&F Finance | Sold | $52.6k1.0k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 187.3k $10.1m | Reduced -3.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 162.3k $8.7m | Added +12.9k |
| BlackRock Inc. 0.00% of their portfolio | 154.9k $8.3m | Added +130.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 114.1k $6.1m | Added +2.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 83.2k $4.5m | Added +1.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 63.2k $3.4m | Added +32.8k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 46.2k $2.5m | Reduced -3.2k |
| Huber Capital Management LLC 0.51% of their portfolio | 39.4k $2.1m | Added +10.3k |
| FMR LLC 0.00% of their portfolio | 37.3k $2.0m | Reduced -37.3k |
| STATE STREET CORP 0.00% of their portfolio | 36.5k $2.0m | Added +25.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 36.2k $1.9m | Added +2.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 30.5k $1.6m | Added +21.6k |
| 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 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 19.1k $1.0m | Added +1.2k |
| JOHN G ULLMAN & ASSOCIATES INC 0.14% of their portfolio | 16.9k $905.4k | Reduced -520 |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 16.3k $875.0k | Unchanged |
| BHZ CAPITAL MANAGEMENT, LP 0.59% of their portfolio | 13.1k $701.9k | Reduced -17.3k |
| Ategra Capital Management, LLC 0.38% of their portfolio | 13.0k $700.0k | Reduced -57.4k |
| Dakota Wealth Management 0.03% of their portfolio | 13.0k $698.1k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 10.1k $542.1k | New |
| Empowered Funds, LLC 0.02% of their portfolio | 9.3k $501.4k | New |
| EA Series Trust 0.02% of their portfolio | 9.3k $501.4k | First filing |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 8.7k $467.7k | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 7.9k $421.8k | Added +884 |
| TCV Trust & Wealth Management, Inc. 0.04% of their portfolio | 7.5k $403.6k | Reduced -4.5k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 7.4k $399.1k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 6.6k $357.0k | Added +7 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 4.8k $258.3k | Reduced -5.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 4.2k $226.2k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 4.0k $213.5k | Reduced -31.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.8k $204.0k | Added +305 |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 3.8k $204.1k | New |
| MORGAN STANLEY 0.00% of their portfolio | 3.4k $182.7k | Reduced -3.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.4k $180.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.4k $180.1k | Added +2.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.0k $160.4k | Added +719 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.5k $136.8k | New |
| UBS Group AG 0.00% of their portfolio | 2.3k $124.2k | Added +808 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.9k $102.0k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 1.8k $95.3k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 1.6k $84.9k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.4k $77.4k | Added +1.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.1k $58.7k | New |
| CITIGROUP INC 0.00% of their portfolio | 977 $52.5k | Reduced -5.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 925 $49.7k | Added +852 |
| Towne Trust Company, N.A 0.02% of their portfolio | 700 $37.6k | New |
| BARCLAYS PLC 0.00% of their portfolio | 659 $35.4k | New |
| SouthState Bank Corp 0.00% of their portfolio | 404 $21.7k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 320 $17.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 307 $16.5k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 271 $14.6k | New |
| Anchor Investment Management, LLC 0.00% of their portfolio | 268 $14.4k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 184 $9.9k | New |
| BDO Wealth Advisors, LLC 0.00% of their portfolio | 160 $8.6k | Unchanged |
| TOMPKINS FINANCIAL CORP 0.00% of their portfolio | 100 $5.4k | 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 |