Cannae Holdings: Private Management Group reports beneficial ownership of 2,303,743 shares (5.1%) as of 03/31/2026. The Schedule 13G states the shares are held for various separately managed accounts for which Private Management Group, Inc. acts as investment advisor. The filing is signed by Robert T. Summers, Co-President, dated 05/11/2026.
Positive
None.
Negative
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Insights
Institutional holder discloses a passive, >5% stake reported on a Schedule 13G.
The filing shows Private Management Group, Inc. beneficially owns 2,303,743 shares of Cannae Holdings, representing 5.1% of the class as of 03/31/2026. The report identifies voting and dispositive sole power over those shares.
The filing also states the positions are held for various separately managed accounts, indicating the reporting person acts as investment advisor. Future filings may disclose if the passive status or ownership percentage changes.
Key Figures
Shares beneficially owned:2,303,743 sharesPercent of class:5.1%Filing signature date:05/11/2026
3 metrics
Shares beneficially owned2,303,743 sharesAmount reported by Private Management Group as of 03/31/2026
Percent of class5.1%Percent of Cannae Holdings common stock represented by the reported shares
Filing signature date05/11/2026Signature date on the Schedule 13G by Robert T. Summers, Co-President
"The Schedule 13G states the shares are held for various separately managed accounts"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedmarket
"Amount beneficially owned: 2,303,743 (b) Percent of class: 5.1%"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
separately managed accountsfinancial
"Various separately managed accounts for whom the reporting person acts as investment advisor"
A separately managed account is an investment portfolio owned by a single investor but professionally managed to that investor’s specific goals and preferences, rather than pooled with other clients’ money. It matters to investors because it offers greater customization, tax control and transparency—like hiring a personal chef instead of eating from a shared buffet—though it often requires higher minimums and can have different fee and liquidity implications.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Cannae Holdings, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
13765N107
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
13765N107
1
Names of Reporting Persons
PRIVATE MANAGEMENT GROUP INC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CALIFORNIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,303,743.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,303,743.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,303,743.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Cannae Holdings, Inc.
(b)
Address of issuer's principal executive offices:
1701 VILLAGE CENTER CIRCLE, LAS VEGAS, NEVADA, 89134.
Item 2.
(a)
Name of person filing:
Private Management Group, Inc.
(b)
Address or principal business office or, if none, residence:
15635 Alton Parkway, Suite 400, Irvine, CA 92618
(c)
Citizenship:
State of California
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
13765N107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
2,303,743
(b)
Percent of class:
5.1%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
2,303,743
(ii) Shared power to vote or to direct the vote:
n/a
(iii) Sole power to dispose or to direct the disposition of:
2,303,743
(iv) Shared power to dispose or to direct the disposition of:
n/a
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various separately managed accounts for whom the reporting person acts as investment advisor have the right to receive dividends from, and the proceeds of the sale of, the shares reported by the reporting person.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake did Private Management Group report in Cannae Holdings (CNNE)?
Private Management Group reported beneficial ownership of 2,303,743 shares, equal to 5.1% of common stock as of 03/31/2026. The filing is a Schedule 13G and was signed on 05/11/2026.
Does the Schedule 13G for CNNE indicate voting control by Private Management Group?
Yes. The filing states the reporting person has sole voting power and sole dispositive power over 2,303,743 shares. It lists no shared voting or dispositive power for that position.
Are the reported Cannae (CNNE) shares held directly by Private Management Group?
The filing indicates the shares are held for various separately managed accounts for which the reporting person acts as investment advisor. It does not list a single beneficial owner beyond those accounts.
When was the CNNE Schedule 13G signed and filed?
The Schedule 13G excerpt shows a signature by Robert T. Summers, Co-President dated 05/11/2026. The ownership figure is reported as of 03/31/2026.
What does filing a Schedule 13G mean for CNNE ownership disclosure?
A Schedule 13G indicates a passive investor reporting beneficial ownership above 5% under the applicable rules. The filing lists ownership, voting power, and states the accounts for which the advisor holds the shares.
