Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cno Finl Group Inc (CNO)

378 + Investors. Track Smart Money conviction in CNO. See who's accumulating, reducing, or initiating positions.

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — CNO

Based on 378 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CNO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
378 hedge funds hold CNO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

198 buying150 selling
Last quarter: 198 funds bought or added vs 150 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+27 vs last Q)

new funds entering per quarter
Funds opening a new CNO position: 49 → 67 → 40 → 67. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

62% conviction (2yr+) 20% medium 19% new
233 out of 378 hedge funds have held CNO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +45% but shares only +16% — price-driven

Value
+44%
Shares
+15%
Last quarter: the total dollar value of institutional holdings rose +45%, but actual share count only changed +16%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~67 new funds/quarter

47 → 49 → 67 → 40 → 67 new funds/Q
New funds entering each quarter: 49 → 67 → 40 → 67. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 21% newcomers

66% veterans 13% 1-2yr 21% new
Entry-cohort mix of 381 holders: 253 (66%) are 2+ year veterans, 48 entered 1–2 years ago, and 80 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
55 of 378 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in CNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CNO

In 2026 Q2, 198 hedge funds were net buyers of CNO (67 opened a new position, 131 added to an existing one), while 150 reduced or exited (107 trimmed, 43 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 61% of total institutional value in CNO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 378.

Hedge Fund Ownership: CNO

How many hedge funds hold CNO — quarterly history vs. share price
Quarterly hedge fund ownership of CNO vs. share price

Market Analysis: CNO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 1 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: CNO
378 + Investors

Track Smart Money conviction in CNO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 378 354 6.78%
13F Shares 88M 76M 15.84%
Total Value $4.26B $2.94B 44.54%
New Positions 67 40 +27
Increased Positions 130 123 +7
Closed Positions 43 47 -4
Reduced Positions 106 113 -7
Total Calls 2 1 100.0%
Total Puts 1 1 -
PUT/CALL Ratio 0.5 1.0 Bullish

Statistics: CNO

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

378 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CNO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CNO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Kestrel Investment Management Corp 4.25% 153,250 $7.8M
2 Paradice Investment Management LLC 2.22% 273,329 $13.9M
3 Huber Capital Management LLC 1.65% 218,998 $11.2M
4 Bragg Financial Advisors, Inc 1.06% 774,053 $39.5M
5 Kiker Wealth Management, LLC 0.78% 39,132 $2.0M
6 FJ Capital Management LLC 0.54% 82,078 $4.2M
7 Fuller & Thaler Asset Management, INC. 0.49% 3,551,078 $181.0M
8 RBF Capital, LLC 0.39% 185,034 $9.4M
9 Pzena Investment Management LLC 0.37% 2,441,665 $124.5M
10 nVerses Capital, LLC 0.34% 4,345 $222K
11 Uncommon Cents Investing LLC 0.23% 21,130 $1.1M
12 Dark Forest Capital Management LP 0.23% 70,658 $3.6M
13 iSAM Funds (UK) Ltd 0.20% 5,500 $280K
14 Peregrine Capital Management LLC 0.17% 101,571 $5.2M
15 New Age Alpha Advisors, LLC 0.16% 74,994 $3.8M
16 EntryPoint Capital, LLC 0.15% 7,969 $221K
17 denkapparat Operations GmbH 0.13% 7,528 $384K
18 Polymer Capital Management (US) LLC 0.12% 18,412 $939K
19 Legacy Advisors, LLC 0.12% 24,472 $1.2M
20 Fox Run Management, L.L.C. 0.11% 12,972 $661K
21 Clark Capital Management Group, Inc. 0.11% 394,109 $20.1M
22 R Squared Ltd 0.11% 3,955 $202K
23 Occudo Quantitative Strategies LP 0.10% 36,140 $1.8M
24 AlphaGrep UK Ltd 0.09% 6,656 $283K
25 Nomura Asset Management International INC. 0.09% 1,151,061 $58.7M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cno Finl Group Inc (CNO)

What does the Smart Money Trend signal show for CNO?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CNO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CNO?

Slight buying edge — 57% buying: Last quarter: 198 funds bought or added vs 150 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CNO holders?

Elite ownership — 61% AUM from top-100 funds: 55 of 378 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in CNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CNO?

62% of holders stayed for 2+ years: 233 out of 378 hedge funds have held CNO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →