Who owns CNL
Which tracked institutional funds hold CNL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CNL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on CNL is one-sided between 2026-Q1 and 2026-Q2: 3 added or opened and 24 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CNL’s largest tracked holder by dollar value, Helikon Investments Ltd, sizes it at 3.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CNL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 44 tracked filers holding CNL, 20 increased or opened the position and 22 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CNL between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- ExodusPoint Capital Management, LP$749K
Full exits 3
- Amundi$13M
- KINGDON CAPITAL MANAGEMENT, L.L.C.$7M
- Connor, Clark & Lunn Investment Management Ltd.$2M
Largest adds
- BANK OF AMERICA CORP /DE/$635K
- MACKENZIE FINANCIAL CORP$549K
Largest trims
- Helikon Investments Ltd$63M
- WELLINGTON MANAGEMENT GROUP LLP$41M
- UBS Group AG$26M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$14M
- JUPITER ASSET MANAGEMENT LTD$10M
- FRANKLIN RESOURCES INC$8M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Helikon Investments Ltd trimmed | 10,655,062 | $131M | 32.1% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 9,250,000 | $114M | 28.0% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 2,280,764 | $28M | 6.9% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,017,032 | $25M | 6.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 1,240,264 | $15M | 3.8% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 962,400 | $12M | 2.9% | 2026-Q2 |
| Groupe la Francaise added | 510,000 | $6M | 1.5% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 426,973 | $5M | 1.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 383,848 | $5M | 1.2% | 2026-Q2 |
| Ninepoint Partners LP trimmed | 305,714 | $4M | 0.9% | 2026-Q2 |
| MORGAN STANLEY added | 302,490 | $4M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 263,910 | $3M | 0.8% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 269,510 | $3M | 0.8% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 200,000 | $2M | 0.6% | 2026-Q2 |
| UBS Group AG trimmed | 166,915 | $2M | 0.5% | 2026-Q2 |
| GILDER GAGNON HOWE & CO LLC added | 162,725 | $2M | 0.5% | 2026-Q2 |
| EDMOND DE ROTHSCHILD HOLDING S.A. added | 129,585 | $2M | 0.4% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 85,500 | $1M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 112,271 | $1M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 107,300 | $1M | 0.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 86,885 | $1M | 0.3% | 2026-Q2 |
| TD Asset Management Inc added | 84,750 | $1M | 0.3% | 2026-Q2 |
| ExodusPoint Capital Management, LP new | 61,163 | $749K | 0.2% | 2026-Q2 |
| Legal & General Group Plc | 53,640 | $660K | 0.2% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 43,505 | $511K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC | 40,711 | $499K | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 37,007 | $455K | 0.1% | 2026-Q2 |
| U S GLOBAL INVESTORS INC | 35,000 | $430K | 0.1% | 2026-Q2 |
| Nuveen, LLC | 34,896 | $429K | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 28,346 | $348K | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 22,819 | $281K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. | 12,340 | $217K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 16,403 | $201K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 16,065 | $197K | 0.0% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. | 14,401 | $177K | 0.0% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) trimmed | 14,000 | $172K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 13,013 | $160K | 0.0% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 12,618 | $155K | 0.0% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 10,209 | $126K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 8,618 | $106K | 0.0% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 7,715 | $95K | 0.0% | 2026-Q2 |
| Northwest & Ethical Investments L.P. new | 6,630 | $81K | 0.0% | 2026-Q2 |
| CITIGROUP INC added | 2,824 | $35K | 0.0% | 2026-Q2 |
| TOTH FINANCIAL ADVISORY CORP | 200 | $2K | 0.0% | 2026-Q2 |
| Amundi added | 760,602 | $13M | 3.3% | 2026-Q1 stale (1 quarter behind) |
| KINGDON CAPITAL MANAGEMENT, L.L.C. new | 425,000 | $7M | 1.8% | 2026-Q1 stale (1 quarter behind) |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 100,600 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| SIH Partners, LLLP new | 18,418 | $324K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| SPROTT INC. trimmed | 18,100 | $319K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP new | 15,346 | $270K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| TORONTO DOMINION BANK trimmed | 10,707 | $188K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BlackRock, Inc. | 3,368 | $59K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Balyasny Asset Management L.P. new | 57,187 | $833K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| VANGUARD GROUP INC added | 41,415 | $603K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| MMCAP International Inc. SPC new | 24,170 | $353K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC added | 23,830 | $348K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| D. E. Shaw & Co., Inc. trimmed | 17,500 | $255K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| BARCLAYS PLC trimmed | 4,491 | $66K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Allworth Financial LP new | 298 | $4K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| HARBOUR INVESTMENTS, INC. new | 9 | $131 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| MILLENNIUM MANAGEMENT LLC added | 84,608 | $1M | 0.3% | 2025-Q3 stale (3 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 57,155 | $830K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| TWO SIGMA INVESTMENTS, LP trimmed | 34,300 | $496K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Aigen Investment Management, LP new | 23,571 | $476K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Cubist Systematic Strategies, LLC new | 28,867 | $419K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| SUSQUEHANNA ADVISORS GROUP, INC. new | 14,241 | $206K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Corundum Trust Company, INC new | 3,000 | $43K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| SHELL ASSET MANAGEMENT CO trimmed | 659 | $10K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC new | 39,923 | $437K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| SCOTIA CAPITAL INC. | 38,600 | $400K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Orion Resource Partners LP added | 27,011 | $296K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| RAYMOND JAMES FINANCIAL INC new | 3,735 | $41K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.