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 ($756.0k 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 ≈ $68.21.
Trends to Q4 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 |
| Q4 2023 | 63 |
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 |
| Q4 2023 | 29 | 19 |
Biggest buyers
| BlackRock Inc. | Added | +26.0k |
| MORGAN STANLEY | Added | +13.6k |
| Informed Momentum Co LLC | New | +10.6k |
| BARCLAYS PLC | Added | +3.8k |
| ENVESTNET ASSET MANAGEMENT INC | New | +3.7k |
| MERCER GLOBAL ADVISORS INC /ADV | New | +3.7k |
| UBS Group AG | Added | +3.3k |
| JPMORGAN CHASE & CO | Added | +3.3k |
| Huber Capital Management LLC | Added | +3.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +2.0k |
Biggest sellers
| FMR LLC | Reduced | -37.0k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -21.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -6.1k |
| BHZ CAPITAL MANAGEMENT, LP | Reduced | -3.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -3.3k |
| OSAIC HOLDINGS, INC. | Reduced | -1.4k |
| WELLS FARGO & COMPANY/MN | Reduced | -1.3k |
| Allspring Global Investments Holdings, LLC | Sold out | -1.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -497 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -240 |
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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 1 | $31.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-13 | Seaman John A III EVP, CHIEF CREDIT OFFICER | Sold | $31.6k500 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 191.2k $13.0m | Added +26.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 186.4k $12.7m | Reduced -497 |
| VANGUARD GROUP INC 0.00% of their portfolio | 163.6k $11.2m | Added +881 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 111.2k $7.6m | Reduced -3.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 82.9k $5.7m | Added +400 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 66.0k $4.5m | Added +2.0k |
| Huber Capital Management LLC 0.73% of their portfolio | 42.5k $2.9m | Added +3.0k |
| STATE STREET CORP 0.00% of their portfolio | 40.1k $2.8m | Added +333 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 35.7k $2.4m | Reduced -240 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 30.8k $2.1m | Added +937 |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 30.4k $2.1m | Unchanged |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 30.1k $2.1m | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 20.0k $1.4m | Reduced -21.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 18.8k $1.3m | Reduced -1.3k |
| JOHN G ULLMAN & ASSOCIATES INC 0.18% of their portfolio | 16.7k $1.1m | Reduced -100 |
| MORGAN STANLEY 0.00% of their portfolio | 16.3k $1.1m | Added +13.6k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 16.3k $1.1m | Unchanged |
| Dakota Wealth Management 0.03% of their portfolio | 13.0k $886.5k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 11.8k $804.7k | Added +1.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 11.1k $760.2k | Added +1.1k |
| Empowered Funds, LLC 0.02% of their portfolio | 11.1k $756.0k | Added +960 |
| Informed Momentum Co LLC 0.13% of their portfolio | 10.6k $721.1k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 8.7k $593.9k | Unchanged |
| BHZ CAPITAL MANAGEMENT, LP 0.55% of their portfolio | 8.6k $583.6k | Reduced -3.5k |
| TCV Trust & Wealth Management, Inc. 0.05% of their portfolio | 7.5k $512.4k | Unchanged |
| DAVENPORT & Co LLC 0.00% of their portfolio | 7.4k $506.8k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 6.7k $455.0k | Added +7 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.5k $445.7k | Added +1.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.4k $369.9k | Added +3.3k |
| UBS Group AG 0.00% of their portfolio | 5.1k $349.7k | Added +3.3k |
| Invesco Ltd. 0.00% of their portfolio | 4.9k $336.0k | Added +314 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 4.7k $322.7k | Added +1.4k |
| BARCLAYS PLC 0.00% of their portfolio | 4.4k $298.6k | Added +3.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.2k $289.0k | Added +393 |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 4.2k $287.3k | Unchanged |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 4.2k $284.1k | Reduced -225 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.7k $252.7k | Reduced -1.4k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 3.7k $252.0k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 3.7k $252.1k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.4k $235.1k | Reduced -81 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.9k $131.5k | Added +2 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 1.8k $121.0k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 1.7k $119.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 1.6k $108.4k | Reduced -32 |
| Towne Trust Company, N.A 0.02% of their portfolio | 700 $47.7k | New |
| CITIGROUP INC 0.00% of their portfolio | 596 $40.6k | Added +504 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 527 $35.9k | Reduced -190 |
| SouthState Bank Corp 0.00% of their portfolio | 404 $27.5k | Unchanged |
| Advisory Services Network, LLC 0.00% of their portfolio | 351 $23.9k | New |
| FMR LLC 0.00% of their portfolio | 322 $22.0k | Reduced -37.0k |
| AMALGAMATED BANK 0.00% of their portfolio | 287 $20.0k | Reduced -33 |
| Legal & General Group Plc 0.00% of their portfolio | 274 $18.7k | Reduced -33 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 271 $18.5k | Unchanged |
| Anchor Investment Management, LLC 0.00% of their portfolio | 268 $18.3k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 200 $13.6k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 192 $13.1k | Reduced -55 |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 184 $12.5k | Unchanged |
| AJOVista, LLC 0.01% of their portfolio | 163 $11.1k | First filing |
| TOMPKINS FINANCIAL CORP 0.00% of their portfolio | 100 $6.8k | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 81 $5.5k | New |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 32 $2.2k | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 17 $1.0k | Reduced -4 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |