Denali Advisors LLC lifted its stake in Cincinnati Financial Co. ( NASDAQ:CINF – Free Report ) by 2,823.6% during the second quarter, HoldingsChannel reports. The firm owned 3,216 shares of the insurance provider's stock after purchasing an additional 3,106 shares during the period. Denali Advisors LLC's holdings in Cincinnati Financial were worth $313,000 at the end of the most recent quarter. A number of other hedge funds have also recently made changes to their positions in CINF. Norges Bank bought a new position in shares of Cincinnati Financial in the fourth quarter worth about $149,585,000.

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