13F-HR: Cannae Holdings, Inc. Discloses $1.4 Billion in Holdings as of March 31, 2024

Cannae Holdings, Inc. reports $1.4 billion in holdings across five companies in its latest 13F filing.

Summary

• Cannae Holdings, Inc. filed its Form 13F for the quarter ended March 31, 2024.
• The filing reveals total holdings valued at $1,415,776,411.
• The portfolio consists of investments in five companies: Dayforce Inc, Dun & Bradstreet Holdings Inc, Paysafe Limited, Alight Inc, and System1 Inc.
• The largest holding is in Dun & Bradstreet Holdings Inc, valued at $693,248,858.
• Alight Inc represents the second largest holding with a value of $516,899,061.
• The holdings in Dayforce Inc, Paysafe Limited, and System1 Inc are valued at $99,315,000, $53,368,416, and $52,945,076 respectively.
• All holdings are reported with sole voting authority.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It provides factual information about the company's holdings.

Positives

• The filing provides transparency into Cannae Holdings' investment portfolio.
• The portfolio is diversified across multiple companies and sectors.
• Cannae Holdings maintains sole voting authority over its holdings, indicating significant control.

Risks

• The value of the holdings is subject to market fluctuations and the performance of the underlying companies.
• Concentration risk exists due to the significant allocation to Dun & Bradstreet Holdings Inc and Alight Inc.

Industry Context

Form 13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment positions.

Stakeholder Impact

• Shareholders can use this information to understand Cannae Holdings' investment strategy.
• The companies held by Cannae Holdings may be impacted by Cannae's investment decisions.

Key Dates