Conifer (CNFR)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	32.39 mm	32.39 mm	32.39 mm	32.39 mm	32.39 mm	32.39 mm
Cash burn (monthly)	(no burn)	(no burn)	2.75 mm	2.79 mm	7.35 mm	3.06 mm
Cash used (since last report)	n/a	n/a	14.01 mm	14.19 mm	37.44 mm	15.56 mm
Cash remaining	n/a	n/a	18.38 mm	18.19 mm	-5.05 mm	16.83 mm
Runway (months of cash)	n/a	n/a	6.7	6.5	-0.7	5.5

Beta Read what these cash burn values mean

Financial data from Conifer earnings reports.

Institutional ownership, Q3 2024

CNFR institutional ownership history Ownership history

32.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	8	6	+33.3%
Opened positions	3	1	+200.0%
Closed positions	1	10	-90.0%
Increased positions	1	0	NEW
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	361.97 mm	566.58 mm	-36.1%
Total shares	3.97 mm	4.39 mm	-9.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Clarkston Ventures	3.64 mm	$0.00	0.0%
Iat Reinsurance	250.00 k	$272.50 mm	0.0%
Geode Capital Management	26.40 k	$28.77 mm	+48.9%
Vanguard	25.02 k	$27.27 mm	NEW
SkyOak Wealt	16.47 k	$17.95 mm	NEW
Lakeshore Financial Planning	10.20 k	$11.12 mm	0.0%
Advisor	4.00 k	$4.36 mm	NEW
Capital Advisors	146.00	$0.00	-62.8%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Aegis Financial	0.00	-474.52 k	EXIT
Vanguard	25.02 k	+25.02 k	NEW
SkyOak Wealt	16.47 k	+16.47 k	NEW
Geode Capital Management	26.40 k	+8.67 k	+48.9%
Advisor	4.00 k	+4.00 k	NEW
Capital Advisors	146.00	-247.00	-62.8%
Proequities	0.00	0.00
Iat Reinsurance	250.00 k	0.00	0.0%
Clarkston Ventures	3.64 mm	0.00	0.0%
Lakeshore Financial Planning	10.20 k	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CNFR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Dec 24	Roney Brian J	Common Stock	Sell	Dispose S	No	No	2	100,000	200.00 k	410,232
20 Dec 23	Jeffrey Anthony Hakala	Series A Preferred Stock	Buy	Acquire P	Yes	No	6000	1,000	6.00 mm	1,000
20 Dec 23	Gerald W Hakala	Series A Preferred Stock	Buy	Acquire P	Yes	No	6000	1,000	6.00 mm	1,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.