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: 3.2m as of 2024-10-31, 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 ≈ $71.26.
Trends to Q4 2024
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 |
| Q1 2024 | 57 |
| Q2 2024 | 66 |
| Q3 2024 | 61 |
| Q4 2024 | 68 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 19 | 16 |
| Q2 2023 | 35 | 18 |
| Q3 2023 | 24 | 17 |
| Q4 2023 | 29 | 19 |
| Q1 2024 | 19 | 29 |
| Q2 2024 | 35 | 36 |
| Q3 2024 | 23 | 32 |
| Q4 2024 | 30 | 21 |
Biggest buyers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +31.5k |
| Rhino Investment Partners, Inc | New | +28.3k |
| JANE STREET GROUP, LLC | Added | +13.4k |
| GOLDMAN SACHS GROUP INC | New | +11.8k |
| Qube Research & Technologies Ltd | Added | +7.4k |
| CITADEL ADVISORS LLC | New | +6.4k |
| Schonfeld Strategic Advisors LLC | New | +4.8k |
| 683 Capital Management, LLC | New | +4.7k |
| BANK OF AMERICA CORP /DE/ | Added | +4.2k |
| MERCER GLOBAL ADVISORS INC /ADV | New | +3.2k |
Biggest sellers
| JOHN G ULLMAN & ASSOCIATES INC | Sold out | -10.1k |
| Squarepoint Ops LLC | Sold out | -5.4k |
| Man Group plc | Sold out | -5.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -4.3k |
| Trexquant Investment LP | Reduced | -4.0k |
| Quadrature Capital Ltd | Sold out | -3.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -2.7k |
| CITIGROUP INC | Reduced | -2.4k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -2.4k |
| LSV ASSET MANAGEMENT | Reduced | -1.7k |
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 Q4 2024
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 2023 | 0 | — | 2 | $226.9k | — |
| Q2 2023 | 0 | — | 2 | $206.6k | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $31.6k | — |
| Q1 2024 | 0 | — | 1 | $23.6k | — |
| Q2 2024 | 3 | $97.8k | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $28.5k | — |
| Q4 2024 | 0 | — | 6 | $728.9k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-09 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $57.0k731 shares |
| 2024-12-09 | ROBINSON PAUL C Director | Sold | $7.7k100 shares |
| 2024-12-02 | McKernon Bryan Edwin PRESIDENT & CEO C&F MORTGAGE | Sold | $95.9k1.3k shares |
| 2024-11-27 | Crone S Dustin PRESIDENT & CEO C&F FINANCE | Sold | $101.8k1.4k shares |
| 2024-11-27 | McKernon Bryan Edwin PRESIDENT & CEO C&F MORTGAGE | Sold | $94.1k1.2k shares |
| 2024-11-26 | Long Jason E EVP, CHIEF FINANCIAL OFFICER | Sold | $47.2k600 shares |
| 2024-11-22 | Seaman John A III EVP, CHIEF CREDIT OFFICER | Sold | $185.1k2.5k shares |
| 2024-11-06 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $140.0k2.0k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 188.0k $13.4m | Added +187 |
| VANGUARD GROUP INC 0.00% of their portfolio | 148.9k $10.6m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 107.6k $7.7m | Added +327 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 85.7k $6.1m | Reduced -4.3k |
| Truffle Hound Capital, LLC 3.20% of their portfolio | 75.0k $5.3m | First filing |
| Huber Capital Management LLC 0.88% of their portfolio | 62.2k $4.4m | Reduced -706 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 42.9k $3.1m | Added +471 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 39.1k $2.8m | Added +31.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 33.3k $2.4m | Reduced -289 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 29.6k $2.1m | Unchanged |
| Rhino Investment Partners, Inc 0.45% of their portfolio | 28.3k $2.0m | New |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 28.0k $2.0m | Reduced -1.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 22.5k $1.6m | Reduced -192 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 22.4k $1.6m | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 22.3k $1.6m | Added +13.4k |
| BlackRock, Inc. 0.00% of their portfolio | 21.9k $1.6m | Added +2.4k |
| Ategra Capital Management, LLC 0.93% of their portfolio | 19.4k $1.4m | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 17.9k $1.3m | Reduced -815 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 17.9k $1.3m | Reduced -1 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 17.4k $1.2m | Added +7.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 15.3k $1.1m | Added +1.8k |
| Empowered Funds, LLC 0.01% of their portfolio | 14.2k $1.0m | Added +671 |
| STATE STREET CORP 0.00% of their portfolio | 13.1k $938.1k | Added +766 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 12.1k $859.1k | Added +2.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 11.8k $841.9k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 10.2k $728.6k | Reduced -756 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 10.0k $710.8k | Added +2.9k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 7.6k $541.6k | Unchanged |
| TCV Trust & Wealth Management, Inc. 0.05% of their portfolio | 7.5k $535.4k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 7.4k $529.0k | Reduced -734 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 6.4k $459.4k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 5.6k $398.5k | Reduced -388 |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 5.1k $366.4k | Added +473 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 5.0k $357.5k | Added +4.2k |
| UBS Group AG 0.00% of their portfolio | 4.9k $348.9k | Added +1.6k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 4.8k $345.1k | New |
| 683 Capital Management, LLC 0.03% of their portfolio | 4.7k $338.4k | New |
| CITIGROUP INC 0.00% of their portfolio | 4.6k $329.7k | Reduced -2.4k |
| Trexquant Investment LP 0.00% of their portfolio | 4.5k $319.6k | Reduced -4.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 4.2k $300.0k | Unchanged |
| Point72 Asia (Singapore) Pte. Ltd. 0.07% of their portfolio | 3.9k $278.5k | Added +37 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 3.9k $276.2k | Reduced -2.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.8k $271.0k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 3.6k $253.7k | Reduced -372 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 3.2k $229.9k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.2k $226.3k | Unchanged |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 3.1k $218.5k | New |
| Aster Capital Management (DIFC) Ltd 0.07% of their portfolio | 2.5k $175.7k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 2.5k $175.3k | Added +790 |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 1.8k $130.5k | Added +1.3k |
| BARCLAYS PLC 0.00% of their portfolio | 1.3k $94.8k | Reduced -574 |
| Towne Trust Company, N.A 0.02% of their portfolio | 700 $49.9k | Unchanged |
| FMR LLC 0.00% of their portfolio | 547 $38.9k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 413 $29.0k | New |
| SouthState Bank Corp 0.00% of their portfolio | 404 $28.8k | Unchanged |
| Anchor Investment Management, LLC 0.00% of their portfolio | 268 $19.1k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 266 $19.0k | Reduced -2.4k |
| Main Street Group, LTD 0.01% of their portfolio | 247 $17.6k | Added +1 |
| MEEDER ASSET MANAGEMENT INC 0.00% of their portfolio | 163 $11.6k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 142 $10.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 77 $5.5k | New |
| Point72 (DIFC) Ltd 0.00% of their portfolio | 42 $3.0k | New |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 32 $2.3k | Unchanged |
| First Horizon Advisors, Inc. 0.00% of their portfolio | 14 $997 | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 10 $713 | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 7 $499 | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 6 $428 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |