CMA (CMA) Institutional Buying Activity

Institutional investors tracked by InsiderSet increased exposure to CMA during the quarter ended December 31, 2025 through a combination of new purchases and expanded existing positions disclosed in SEC Form 13F filings.

The largest institutional buyer of CMA during the latest reporting period was Ariel Appreciation Fund, which increased its reported CMA position by approximately $18.24M based on quarter-end filing values. Several additional hedge funds and long-term asset managers also reported meaningful increases in CMA exposure during the quarter.

Institutional buying activity can provide insight into investor conviction, sector allocation trends, and smart money positioning toward CMA. InsiderSet tracks quarterly accumulation trends, new institutional positions, ownership increases, and estimated performance of newly disclosed holdings using SEC filing data and recent market prices.

The investors highlighted on this page collectively added approximately $59.82M in reported CMA exposure during the latest filing period, reflecting continued institutional interest in CMA's growth initiatives and strategic positioning.

Portfolio quarterNameTypeQuantityRemainingReported stock balance
Q4 2025Sequoia Financial AdvisorsBuy3,0799,191$798,947
Q2 2025Sequoia Financial AdvisorsBuy2,5596,158$367,355
Q1 2025Third Avenue ManagementBuy23302,904$17,889,510
Q4 2024Renaissance Technologies LLCBuy158,647252,647$15,626,217
Q3 2024Ariel Appreciation FundBuy304,481304,481$18,241,457
Q2 2024Third Avenue ManagementBuy280476,412$24,316,068
Q1 2024Renaissance Technologies LLCBuy338,600418,747$23,027
Q4 2023Third Avenue ManagementBuy373476,269$26,580,573
Q2 2023Renaissance Technologies LLCBuy729,900747,747$31,675
Q2 2023Third Avenue ManagementBuy94,548574,906$24,353,018
Q2 2023Fairholme Capital ManagementBuy61,70061,700$2,613,612
Q2 2023Hancock Classic ValueBuy9,391433,997$18,384,113
Q2 2023Brave Warrior AdvisorsBuy7,5007,500$317,700
Q1 2023Hancock Classic ValueBuy303,551424,606$18,436,393
Q1 2023Third Avenue ManagementBuy176,912480,358$20,857,144
Q4 2022Sequoia Financial AdvisorsBuy35,818108,788$7,272,506
Q3 2022Sequoia Financial AdvisorsBuy9,65172,970$5,188
Q2 2022Sequoia Financial AdvisorsBuy17,76463,319$4,646
Q4 2021Sequoia Financial AdvisorsBuy15,70550,561$4,399
Q2 2021Sequoia Financial AdvisorsBuy10,30434,856$2,487
Q1 2021Sequoia Financial AdvisorsBuy24,55224,552$1,761
Q1 2021Third Avenue ManagementBuy1,827373,158$26,771
Q3 2020Third Avenue ManagementBuy47,627390,005$14,918
Q2 2020Third Avenue ManagementBuy105,222342,378$13,045
Q1 2020Renaissance Technologies LLCBuy672,119701,666$20,587
Q2 2019Renaissance Technologies LLCBuy173,895222,042$16,129
Q4 2018Renaissance Technologies LLCBuy315,460752,807$51,710
Q4 2018Third Avenue ManagementBuy9,683541,908$37,224
Q4 2018Hancock Classic ValueBuy98121,153$8,322
Q1 2018Renaissance Technologies LLCBuy131,957437,347$41,955

Frequently asked questions about CMA activity

  • Which institutional owners are buying CMA?

    Institutional owners buying CMA include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.

  • What does "buy" mean in CMA activity?

    "Buy" means an investor increased their reported position in CMA compared to the prior reporting period. This reflects growing exposure to CMA rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).

  • Is institutional interest in CMA increasing?

    Institutional interest in CMA can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.