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 ($1.5m this quarter). Holder counts are more reliable. Shares outstanding: 3.3m as of 2026-08-06, 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 ≈ $80.04.
Trends to Q2 2026
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 |
| Q1 2025 | 63 |
| Q2 2025 | 71 |
| Q3 2025 | 76 |
| Q4 2025 | 76 |
| Q1 2026 | 82 |
| Q2 2026 | 80 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 23 | 32 |
| Q4 2024 | 30 | 21 |
| Q1 2025 | 21 | 35 |
| Q2 2025 | 44 | 24 |
| Q3 2025 | 34 | 25 |
| Q4 2025 | 20 | 35 |
| Q1 2026 | 26 | 30 |
| Q2 2026 | 32 | 24 |
Biggest buyers
| BlackRock, Inc. | Added | +18.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +6.2k |
| Cambridge Investment Research Advisors, Inc. | Added | +4.0k |
| Squarepoint Ops LLC | New | +3.4k |
| AQR CAPITAL MANAGEMENT LLC | New | +2.7k |
| Nuveen, LLC | Added | +2.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +2.6k |
| Siena Capital Partners GP, LLC | Added | +2.5k |
| NORTHERN TRUST CORP | Added | +1.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +1.5k |
Biggest sellers
| Ategra Capital Management, LLC | Sold out | -7.2k |
| MORGAN STANLEY | Reduced | -3.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -2.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -2.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Reduced | -1.2k |
| CITADEL ADVISORS LLC | Reduced | -1.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -835 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -828 |
| VANGUARD FIDUCIARY TRUST CO | Reduced | -684 |
| TWO SIGMA INVESTMENTS, LP | Reduced | -680 |
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 since 1 Apr 2026
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 2024 | 0 | — | 6 | $728.9k | — |
| Q1 2025 | 0 | — | 2 | $106.5k | — |
| Q2 2025 | 0 | — | 1 | $67.9k | — |
| Q3 2025 | 0 | — | 1 | $85.6k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $861 | — |
| Q2 2026 | 0 | — | 3 | $320.3k | — |
| Q3 2026 | 0 | — | 5 | $401.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-04 | DILLON LARRY G EXECUTIVE CHAIRMAN, director | Sold | $95.1k1.0k shares |
| 2026-09-04 | Crone S Dustin PRESIDENT & CEO C&F FINANCE | Sold | $85.0k900 shares |
| 2026-08-20 | DILLON LARRY G EXECUTIVE CHAIRMAN, director | Sold | $86.0k1.0k shares |
| 2026-08-05 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $43.6k500 shares |
| 2026-08-05 | PEAY D ANTHONY Director | Sold | $36.5k425 shares |
| 2026-08-03 | Seaman John A III EVP, CHIEF CREDIT OFFICER | Sold | $55.0k650 shares |
| 2026-06-12 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $10.9k141 shares |
| 2026-06-11 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $2.4k30 shares |
| 2026-06-10 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $25.8k329 shares |
| 2026-06-09 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $51.2k678 shares |
| 2026-06-08 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $15.0k200 shares |
| 2026-06-05 | Long Jason E EVP, CHIEF FINANCIAL OFFICER | Sold | $102.7k1.4k shares |
| 2026-05-27 | CHERRY THOMAS F PRESIDENT & CEO, director | Sold | $37.5k500 shares |
| 2026-05-13 | Kelley Elizabeth R Director | Sold | $74.8k1.0k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 195.7k $15.7m | Added +18.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 183.9k $14.7m | Added +274 |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 135.6k $10.8m | Reduced -123 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 101.1k $8.1m | Reduced -828 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 78.1k $6.2m | Reduced -2.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 78.1k $6.2m | Added +6.2k |
| Huber Capital Management LLC 0.71% of their portfolio | 60.4k $4.8m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 43.5k $3.5m | Reduced -512 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 42.6k $3.4m | Reduced -125 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 38.8k $3.1m | Unchanged |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 34.9k $2.8m | Unchanged |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 29.6k $2.4m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 27.4k $2.2m | Added +1.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 20.3k $1.6m | Reduced -684 |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 20.2k $1.6m | Added +2.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.0k $1.6m | Added +1.4k |
| Empowered Funds, LLC 0.01% of their portfolio | 18.4k $1.5m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 16.1k $1.3m | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.9k $1.3m | Unchanged |
| Siena Capital Partners GP, LLC 0.29% of their portfolio | 14.9k $1.2m | Added +2.5k |
| SummerHaven Investment Management, LLC 0.48% of their portfolio | 11.3k $904.3k | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 10.2k $817.0k | Added +453 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 9.5k $760.2k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 9.4k $749.6k | Added +1.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 8.4k $674.0k | Added +4.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 7.9k $630.5k | Added +640 |
| DAVENPORT & Co LLC 0.00% of their portfolio | 7.6k $608.2k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 7.0k $560.0k | Added +1.3k |
| TCV Trust & Wealth Management, Inc. 0.04% of their portfolio | 6.6k $530.0k | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 6.6k $529.7k | Added +2.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 6.3k $504.2k | Reduced -2.9k |
| MORGAN STANLEY 0.00% of their portfolio | 6.3k $500.9k | Reduced -3.0k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 6.2k $497.1k | Reduced -680 |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 5.5k $439.3k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 5.2k $415.3k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 5.1k $405.4k | Added +4 |
| Bristlecone Value Partners, LLC 0.23% of their portfolio | 3.6k $284.5k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 3.5k $281.1k | Reduced -412 |
| Squarepoint Ops LLC 0.00% of their portfolio | 3.4k $270.2k | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 3.3k $261.1k | Reduced -1.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 3.2k $260.0k | Reduced -1.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 3.0k $254.1k | Unchanged |
| Daytona Street Capital LLC 0.18% of their portfolio | 3.0k $243.3k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 2.9k $234.2k | Added +1.4k |
| Z3 Capital Partners, LLC 0.05% of their portfolio | 2.8k $224.0k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.7k $216.1k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.6k $212.0k | Added +115 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.5k $203.4k | Reduced -835 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 2.4k $189.7k | Added +64 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 1.9k $151.1k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 1.8k $145.2k | Added +1.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.7k $136.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.4k $115.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1.4k $111.2k | Added +1.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 1.4k $110.8k | Reduced -67 |
| BARCLAYS PLC 0.00% of their portfolio | 1.3k $106.7k | Reduced -60 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2k $104.0k | Added +7 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 1.1k $90.9k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 1.1k $90.5k | Added +551 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 952 $76.2k | Added +258 |
| UBS Group AG 0.00% of their portfolio | 760 $60.8k | Added +45 |
| Towne Trust Company, N.A 0.02% of their portfolio | 700 $56.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 429 $34.3k | Added +8 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 403 $32.2k | Reduced -160 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 362 $28.0k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 312 $25.0k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 276 $22.1k | Unchanged |
| Main Street Group, LTD 0.00% of their portfolio | 247 $19.8k | Unchanged |
| Covestor Ltd 0.01% of their portfolio | 160 $13.0k | Added +15 |
| Sterling Capital Management LLC 0.00% of their portfolio | 57 $4.6k | Reduced -44 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 41 $3.3k | Reduced -124 |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 32 $2.6k | Unchanged |
| Quarry LP 0.00% of their portfolio | 30 $2.4k | New |
| Arax Advisory Partners 0.00% of their portfolio | 20 $1.6k | Added +14 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 18 $1.4k | New |
| Essential Partners LLC 0.00% of their portfolio | 8 $640 | Reduced -10 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 6 $480 | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 4 $320 | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 3 $240 | Added +2 |
| True Wealth Design, LLC 0.00% of their portfolio | 1 $80 | New |