Cannae (CNNE) 13G/A: Newtyn discloses 6.1% stake (3.41M)
Cannae Holdings (CNNE): Schedule 13G/A Amendment No. 1 filed by Newtyn Management, LLC.
Rhea-AI Filing Summary
Cannae Holdings (CNNE): Schedule 13G/A Amendment No. 1 filed by Newtyn Management, LLC. The filer reports beneficial ownership of 3,411,827 shares of common stock, representing 6.1% of the class as of September 30, 2025. The percentage is based on 56,014,815 shares outstanding as of August 8, 2025.
Holdings are through two funds managed by Newtyn: Newtyn TE Partners, LP with 2,120,341 shares and Newtyn Partners, LP with 1,291,486 shares. Newtyn, an investment adviser, reports sole voting and sole dispositive power over all 3,411,827 shares, with no shared power.
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control, consistent with a passive Schedule 13G filing.
Positive
- None.
Negative
- None.
Insights
Passive 6.1% CNNE stake disclosed; sole voting/dispositive power.
Newtyn Management, LLC reports a 6.1% beneficial stake in Cannae Holdings, totaling 3,411,827 common shares as of September 30, 2025. The stake is held via Newtyn TE Partners, LP (2,120,341) and Newtyn Partners, LP (1,291,486). Beneficial ownership is calculated against 56,014,815 shares outstanding as of August 8, 2025.
The filer indicates sole voting and sole dispositive power over the full amount and certifies the holdings are in the ordinary course, not intended to influence control—aligned with a Schedule 13G passive stance. Actual trading implications depend on future position changes disclosed in subsequent amendments.
Key items: percentage threshold above 5% triggers disclosure; classification as an investment adviser; and the absence of shared power. Subsequent filings may update ownership levels if they move materially.
FAQ
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