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 ($542.8k this quarter). Holder counts are more reliable. Shares outstanding: 3.4m as of 2023-11-03, 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 ≈ $53.61.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 39 |
| Q4 2022 | 44 |
| Q1 2023 | 47 |
| Q2 2023 | 58 |
| Q3 2023 | 57 |
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 |
| Q3 2023 | 24 | 17 |
Biggest buyers
| BlackRock Inc. | Added | +10.3k |
| Invesco Ltd. | New | +4.6k |
| RITHOLTZ WEALTH MANAGEMENT | New | +4.4k |
| STATE STREET CORP | Added | +3.2k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +2.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Added | +2.2k |
| OSAIC HOLDINGS, INC. | Added | +2.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +2.1k |
| BANK OF AMERICA CORP /DE/ | Added | +1.7k |
| Allspring Global Investments Holdings, LLC | New | +1.2k |
Biggest sellers
| Ategra Capital Management, LLC | Sold out | -13.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Sold out | -4.8k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -4.3k |
| Tower Research Capital LLC (TRC) | Reduced | -1.2k |
| BHZ CAPITAL MANAGEMENT, LP | Reduced | -980 |
| CITIGROUP INC | Reduced | -885 |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -700 |
| Towne Trust Company, N.A | Sold out | -700 |
| MORGAN STANLEY | Reduced | -647 |
| NORTHERN TRUST CORP | Reduced | -644 |
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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 186.9k $10.0m | Reduced -356 |
| BlackRock Inc. 0.00% of their portfolio | 165.2k $8.9m | Added +10.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 162.7k $8.7m | Added +378 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 114.5k $6.1m | Added +348 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 82.5k $4.4m | Reduced -700 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 64.0k $3.4m | Added +755 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 41.9k $2.2m | Reduced -4.3k |
| STATE STREET CORP 0.00% of their portfolio | 39.7k $2.1m | Added +3.2k |
| Huber Capital Management LLC 0.50% of their portfolio | 39.6k $2.1m | Added +177 |
| FMR LLC 0.00% of their portfolio | 37.3k $2.0m | Added +31 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 35.9k $1.9m | Reduced -310 |
| 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 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 29.8k $1.6m | Reduced -644 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.2k $1.1m | Added +1.1k |
| JOHN G ULLMAN & ASSOCIATES INC 0.15% of their portfolio | 16.8k $898.3k | Reduced -100 |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 16.3k $873.4k | Unchanged |
| Dakota Wealth Management 0.03% of their portfolio | 13.0k $696.8k | Unchanged |
| BHZ CAPITAL MANAGEMENT, LP 0.71% of their portfolio | 12.1k $648.0k | Reduced -980 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 10.1k $543.8k | Added +51 |
| Empowered Funds, LLC 0.02% of their portfolio | 10.1k $542.8k | Added +790 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 10.0k $537.2k | Added +2.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 8.7k $466.9k | Unchanged |
| TCV Trust & Wealth Management, Inc. 0.04% of their portfolio | 7.5k $402.8k | Unchanged |
| DAVENPORT & Co LLC 0.00% of their portfolio | 7.4k $398.4k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 6.7k $356.0k | Added +6 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 6.1k $325.2k | Added +2.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.1k $275.6k | Added +2.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 5.0k $269.6k | Added +1.7k |
| Invesco Ltd. 0.00% of their portfolio | 4.6k $247.3k | New |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 4.4k $235.4k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 4.2k $225.8k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.8k $206.0k | Added +40 |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 3.8k $203.7k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.5k $189.2k | Added +174 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.3k $177.8k | Added +2.4k |
| MORGAN STANLEY 0.00% of their portfolio | 2.8k $147.7k | Reduced -647 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1k $114.1k | Reduced -418 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.9k $103.2k | Added +26 |
| UBS Group AG 0.00% of their portfolio | 1.8k $96.6k | Reduced -509 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 1.8k $95.1k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 1.6k $86.9k | Added +41 |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 1.2k $64.2k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 717 $38.4k | Reduced -376 |
| BARCLAYS PLC 0.00% of their portfolio | 618 $33.1k | Reduced -41 |
| SouthState Bank Corp 0.00% of their portfolio | 404 $21.7k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 320 $17.0k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 307 $16.5k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 271 $14.5k | Unchanged |
| Anchor Investment Management, LLC 0.00% of their portfolio | 268 $14.4k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 247 $13.2k | Reduced -1.2k |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 184 $9.9k | Unchanged |
| TOMPKINS FINANCIAL CORP 0.00% of their portfolio | 100 $5.4k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 92 $4.9k | Reduced -885 |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 32 $1.7k | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 21 $1.0k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |