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Cannae Holdings, Inc.

CNNE

Consumer Discretionary

1

exclusion reason

1 theme

Animal Welfare (1)
CNNE Consumer Discretionary Current as of March 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Animal Exploitation
Since Jul 28, 2021

Cannae Holdings, Inc. is a diversified holding company whose portfolio includes ownership of Cerberus Capital Management. Through Cerberus, Cannae Holdings has a controlling stake in Performance Food Group (PFG), one of the largest foodservice distributors in the United States. PFG’s core business is the distribution of animal products, including meat, poultry, and seafood, to restaurants and institutional clients. This establishes Cannae Holdings as a significant commercial participant in the animal agriculture supply chain.

The specific evidence linking Cannae Holdings to animal exploitation through its investment in Performance Food Group is not detailed in the provided source material. The gathered evidence references general topics of exploitation, abuse, and labor issues but does not contain company-specific data, financials, or incident reports pertaining to Cannae Holdings or its subsidiaries. A targeted review of recent regulatory filings, news reports, or animal welfare assessments would be required to substantiate the scale, practices, or any documented incidents of animal harm within its controlled operations.

Research Sources 1 organization
Cruelty Free Investors
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

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