CANNAE HLDGS INC CNNE
COM · Common Stock · CUSIP 13765N107 · ISIN US13765N1072
- SectorConsumer discretionary
- IndustryRetail-Eating & Drinking Places
- HeadquartersLas Vegas, NV
- 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 ($249.5k this quarter). Holder counts are more reliable. Shares outstanding: 43.4m as of 2026-08-07, 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 ≈ $14.40. Options: 11 managers hold calls ($24.1m notional), 3 hold puts ($653.8k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 207 |
| Q4 2022 | 222 |
| Q1 2023 | 203 |
| Q2 2023 | 187 |
| Q3 2023 | 197 |
| Q4 2023 | 222 |
| Q1 2024 | 218 |
| Q2 2024 | 205 |
| Q3 2024 | 199 |
| Q4 2024 | 209 |
| Q1 2025 | 207 |
| Q2 2025 | 186 |
| Q3 2025 | 184 |
| Q4 2025 | 186 |
| Q1 2026 | 200 |
| Q2 2026 | 202 |
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 | 87 | 94 |
| Q4 2024 | 85 | 94 |
| Q1 2025 | 87 | 102 |
| Q2 2025 | 78 | 105 |
| Q3 2025 | 78 | 87 |
| Q4 2025 | 69 | 115 |
| Q1 2026 | 101 | 82 |
| Q2 2026 | 100 | 83 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $7.5m | $0 | 0.00 |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $15.5m | $1.3m | 0.08 |
| Q2 2026 | $24.1m | $653.8k | 0.03 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +588.4k |
| CITADEL ADVISORS LLC | Added | +278.8k |
| HRT FINANCIAL LP | Added | +241.1k |
| GOLDMAN SACHS GROUP INC | Added | +195.7k |
| STATE OF WISCONSIN INVESTMENT BOARD | Added | +158.4k |
| Assenagon Asset Management S.A. | New | +147.4k |
| PRELUDE CAPITAL MANAGEMENT, LLC | Added | +105.4k |
| PRIVATE MANAGEMENT GROUP INC | Added | +101.2k |
| PDT Partners, LLC | Added | +96.7k |
| Caption Management, LLC | Added | +78.5k |
Biggest sellers
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -779.9k |
| Man Group plc | Sold out | -483.7k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -297.5k |
| ExodusPoint Capital Management, LP | Sold out | -204.3k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -197.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -164.7k |
| BlackRock, Inc. | Reduced | -153.5k |
| Bulldog Investors, LLP | Reduced | -145.1k |
| Cinctive Capital Management LP | Sold out | -140.6k |
| Saba Capital Management, L.P. | Reduced | -132.8k |
Biggest calls
| Caption Management, LLC | Added | $5.1m352.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.3m300.5k shares |
| Centiva Capital, LP | Unchanged | $3.9m268.5k shares |
| Qube Research & Technologies Ltd | Unchanged | $2.9m200.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.3m160.2k shares |
| Verition Fund Management LLC | New | $1.8m128.0k shares |
| HRT FINANCIAL LP | New | $1.8m125.7k shares |
| JANE STREET GROUP, LLC | Reduced | $774.7k53.8k shares |
| SUMMIT SECURITIES GROUP LLC | Unchanged | $576.0k40.0k shares |
| SIMPLEX TRADING, LLC | Unchanged | $360.0k25.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $381.6k26.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $221.8k15.4k shares |
| GROUP ONE TRADING LLC | Reduced | $50.4k3.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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 |
|---|---|
| FOLEY WILLIAM P II 13G · exempt (held before listing) +1.5 pts · filed 2026-05-12 | 11.3% |
| CARRONADE CAPITAL MANAGEMENT, LP 13D · may seek influence +1.0 pts · filed 2026-10-05 | 8.8% |
| Newtyn Management, LLC 13G · institution +1.5 pts · filed 2026-02-17 | 7.6% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.4% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2026-10-27 | 5.8% |
| PRIVATE MANAGEMENT GROUP INC 13G · institution new · filed 2026-05-11 | 5.1% |
Fell to 5% or below in the last year: River Road Asset Management, LLC (4.2%, 2026-04-30), 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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $2.5m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $1.9k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-04-08 | SADOWSKI PETER T EVP, Chief Legal Officer · Peter Sadowski IRA | Sold | $1.9k157 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 | 4.1m $59.5m | Reduced -153.5k |
| CARRONADE CAPITAL MANAGEMENT, LP 0.81% of their portfolio | 3.2m $46.5m | Reduced -32.5k |
| Newtyn Management, LLC 5.70% of their portfolio | 3.2m $45.6m | Reduced -97.3k |
| PRIVATE MANAGEMENT GROUP INC 0.91% of their portfolio | 2.4m $34.6m | Added +101.2k |
| River Road Asset Management, LLC 0.31% of their portfolio | 1.9m $27.6m | Reduced -44.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.7m $24.0m | Reduced -197.4k |
| Saba Capital Management, L.P. 0.70% of their portfolio | 1.6m $22.8m | Reduced -132.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $20.4m | Added +68.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 1.3m $19.0m | Added +158.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $15.5m | Added +13.0k |
| Poehling Capital Management, INC. 2.97% of their portfolio | 960.1k $13.8m | Added +5.9k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.24% of their portfolio | 908.4k $13.1m | Reduced -52.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 760.7k $11.0m | Added +588.4k |
| Almitas Capital LLC 2.56% of their portfolio | 741.3k $10.7m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 653.5k $9.4m | Added +195.7k |
| Michelson Medical Research Foundation, Inc. 6.39% of their portfolio | 480.6k $6.9m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 462.1k $6.7m | Reduced -54.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 458.9k $6.6m | Added +22.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 374.5k $5.4m | Added +278.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 354.5k $5.1m | Added +15.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 344.6k $5.0m | Reduced -18.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 326.5k $4.7m | Reduced -779.9k |
| HRT FINANCIAL LP 0.01% of their portfolio | 320.8k $4.6m | Added +241.1k |
| MORGAN STANLEY 0.00% of their portfolio | 278.2k $4.0m | Added +24.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.29% of their portfolio | 271.4k $3.9m | Added +105.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 270.7k $3.9m | Reduced -23.2k |
| PEAPACK GLADSTONE FINANCIAL CORP 0.04% of their portfolio | 269.0k $3.9m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 255.4k $3.7m | Added +16.4k |
| EJF Capital LP 2.41% of their portfolio | 250.0k $3.6m | Added +50.0k |
| GABELLI FUNDS LLC 0.02% of their portfolio | 248.3k $3.6m | Added +57.1k |
| Crescent Grove Advisors, LLC 0.24% of their portfolio | 195.8k $2.8m | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 163.2k $2.4m | Added +36.7k |
| CAXTON ASSOCIATES LLP 0.04% of their portfolio | 162.9k $2.3m | Reduced -14.4k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.04% of their portfolio | 157.2k $2.3m | Reduced -8.3k |
| Bulldog Investors, LLP 0.50% of their portfolio | 157.0k $2.3m | Reduced -145.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 154.3k $2.2m | Added +5.2k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.15% of their portfolio | 151.3k $2.2m | Reduced -5.5k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 147.4k $2.1m | New |
| Caption Management, LLC 0.07% of their portfolio | 134.5k $1.9m | Added +78.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 131.9k $1.9m | Added +47.8k |
| HOLLENCREST CAPITAL MANAGEMENT 0.12% of their portfolio | 128.4k $1.8m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 125.0k $1.8m | Reduced -2.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 124.3k $1.8m | Reduced -21.1k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.26% of their portfolio | 123.2k $1.8m | Added +7.6k |
| XTX Topco Ltd 0.02% of their portfolio | 122.9k $1.8m | Reduced -132.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 115.8k $1.7m | Added +16.1k |
| PDT Partners, LLC 0.09% of their portfolio | 114.3k $1.6m | Added +96.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 109.8k $1.6m | Reduced -84.4k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 103.7k $1.5m | Reduced -7.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 102.2k $1.5m | Reduced -637 |
| Legal & General Group Plc 0.00% of their portfolio | 101.4k $1.5m | Added +8.9k |
| Palogic Value Management, L.P. 0.49% of their portfolio | 96.2k $1.4m | Added +4.6k |
| Invesco Ltd. 0.00% of their portfolio | 91.7k $1.3m | Added +27.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 87.9k $1.3m | Reduced -164.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 84.8k $1.2m | Reduced -17.3k |
| SHAYNE & JACOBS, LLC 0.36% of their portfolio | 84.2k $1.2m | Reduced -520 |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 80.3k $1.2m | Reduced -87.0k |
| Engineers Gate Manager LP 0.01% of their portfolio | 72.6k $1.0m | Added +17.4k |
| Swiss National Bank 0.00% of their portfolio | 72.1k $1.0m | Reduced -18.8k |
| BW Gestao de Investimentos Ltda. 0.02% of their portfolio | 71.0k $1.0m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 70.2k $1.0m | Reduced -14.1k |
| CANTOR FITZGERALD, L. P. 0.01% of their portfolio | 70.0k $1.0m | Unchanged |
| CORBYN INVESTMENT MANAGEMENT INC/MD 0.28% of their portfolio | 67.6k $972.7k | Reduced -1.6k |
| Creative Planning 0.00% of their portfolio | 65.7k $945.4k | Added +32.5k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 62.6k $901.9k | Added +49.4k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 59.7k $858.0k | Added +4.8k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 55.7k $802.1k | Added +6.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 55.0k $791.4k | Reduced -8.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 53.3k $767.1k | Reduced -1.7k |
| BI Asset Management Fondsmaeglerselskab A/S 0.01% of their portfolio | 45.9k $660.0k | Reduced -861 |
| HighTower Advisors, LLC 0.00% of their portfolio | 44.8k $645.1k | Added +1.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 43.9k $631.5k | Reduced -1.4k |
| Cerity Partners LLC 0.00% of their portfolio | 43.0k $619.4k | Added +12.7k |
| Horrell Capital Management, Inc. 0.28% of their portfolio | 42.0k $604.8k | Reduced -1.9k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 39.2k $564.2k | New |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 38.8k $558.7k | New |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 38.1k $549.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 38.1k $548.2k | Added +17.7k |
| Corient Private Wealth LP 0.00% of their portfolio | 36.7k $528.9k | Reduced -428 |
| Yakira Capital Management, Inc. 0.15% of their portfolio | 36.5k $525.5k | Reduced -1.4k |
| Permanent Capital Management, LP 0.06% of their portfolio | 33.0k $475.2k | Added +9.0k |
| ALLSTATE CORP 0.00% of their portfolio | 32.5k $467.7k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 32.0k $467.5k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 31.4k $451.5k | Added +964 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 30.5k $346.3k | Reduced -9.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 30.3k $435.8k | Added +17.1k |
| FMR LLC 0.00% of their portfolio | 28.8k $414.2k | Added +15.1k |
| EVOLVE PRIVATE WEALTH, LLC 0.03% of their portfolio | 28.7k $413.0k | Reduced -2.0k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 28.6k $411.5k | Added +16.4k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 27.8k $400.8k | Added +12.5k |
| Jain Global LLC 0.00% of their portfolio | 27.7k $399.1k | New |
| FourThought Financial Partners, LLC 0.03% of their portfolio | 26.7k $385.0k | Reduced -3.2k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 26.4k $379.9k | Added +7.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 25.5k $366.7k | Added +3.7k |
| BTG Pactual Asset Management US LLC 0.03% of their portfolio | 24.0k $345.3k | Added +3.3k |
| Magnetar Financial LLC 0.00% of their portfolio | 22.8k $327.7k | New |
| SUMMIT SECURITIES GROUP LLC 0.06% of their portfolio | 21.0k $302.4k | Added +8.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 20.4k $294.3k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 20.3k $292.8k | Added +10.9k |
| Inscription Capital, LLC 0.02% of their portfolio | 18.9k $272.4k | Added +420 |