Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CNO FINL GROUP INC (CNO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +26
Streak
2Q ▲
Buyers last Q
48%

Smart Money Signals — CNO

Based on 341 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, 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
341 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 — +15% more funds vs a year ago

fund count last 6Q
+44 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

153 buying166 selling
Last quarter: 166 funds reduced or exited vs 153 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+18 vs last Q)

new funds entering per quarter
Funds opening a new CNO position: 60 → 44 → 46 → 64. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
214 out of 341 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.
➡️

Steady discovery — ~64 new funds/quarter

56 → 60 → 44 → 46 → 64 new funds/Q
New funds entering each quarter: 60 → 44 → 46 → 64. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 10% 1-2yr ■ 22% new
Of 343 current holders: 230 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
42 of 341 holders are among the 100 largest funds by AUM, controlling 51% 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.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 2025 Q4, 153 hedge funds were net buyers of CNO (64 opened a new position, 89 added to an existing one), while 166 reduced or exited (128 trimmed, 38 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 51% of total institutional value in CNO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +26 funds (more new holders than closures). Total institutional holders: 341.

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

Financial Services Insurance - Life

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

53 top-rated funds 0 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: CNO
2026 Q1 Stats Unlock in 8 days 343 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 343 317 8.2%
13F Shares 87M 88M -0.93%
Total Value $3.70B $3.48B 6.39%
New Positions 64 46 +18
Increased Positions 91 101 -10
Closed Positions 38 38 -
Reduced Positions 133 126 +7
Total Calls 1 1 -
Total Puts 1 1 -
PUT/CALL Ratio 1.0 1.0 Neutral

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 Q1)

343 + investors

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

Top 25 institutional holders of CNO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 KESTREL INVESTMENT MANAGEMENT CORP 3.76% 153,250 $6.3M
2 Huber Capital Management LLC 1.39% 218,998 $9.0M
3 Kiker Wealth Management, LLC 0.83% 42,364 $1.7M
4 Jackson Creek Investment Advisors LLC 0.55% 45,332 $2K
5 EASTERLY INVESTMENT PARTNERS LLC 0.38% 119,754 $4.9M
6 PZENA INVESTMENT MANAGEMENT LLC 0.33% 2,470,921 $101.5M
7 LSV ASSET MANAGEMENT 0.28% 3,155,032 $130K
8 HENNESSY ADVISORS INC 0.26% 177,400 $7.3M
9 R Squared Ltd 0.25% 11,002 $452K
10 Uncommon Cents Investing LLC 0.20% 21,290 $874K
11 PEREGRINE CAPITAL MANAGEMENT LLC 0.17% 110,459 $4.5M
12 New Age Alpha Advisors, LLC 0.15% 79,049 $3.2M
13 denkapparat Operations GmbH 0.13% 7,528 $309K
14 Legacy Advisors, LLC 0.13% 26,351 $1.1M
15 FOX RUN MANAGEMENT, L.L.C. 0.11% 15,844 $637K
16 HARBOR CAPITAL ADVISORS, INC. 0.10% 29,772 $1K
17 DGS Capital Management, LLC 0.09% 13,331 $547K
18 111 Capital 0.08% 8,232 $338K
19 Everhart Financial Group, Inc. 0.08% 23,434 $962K
20 IBEX WEALTH ADVISORS 0.08% 20,742 $852K
21 Allspring Global Investments Holdings, LLC 0.08% 1,142,010 $46.9M
22 GSA CAPITAL PARTNERS LLP 0.07% 25,505 $1K
23 First Financial Bank - Trust Division 0.06% 16,763 $688K
24 CONGRESS ASSET MANAGEMENT CO 0.05% 176,642 $7.3M
25 Allianz Asset Management GmbH 0.05% 1,074,062 $44.1M
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 — 2 quarters in a row: For 2 consecutive quarters, 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?

More sellers than buyers — 48% buying: Last quarter: 166 funds reduced or exited vs 153 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CNO holders?

Elite ownership — 51% AUM from top-100 funds: 42 of 341 holders are among the 100 largest funds by AUM, controlling 51% 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?

63% of holders stayed for 2+ years: 214 out of 341 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.