Cigna
584 hedge funds and large institutions have $19.7B invested in Cigna in 2014 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 172 increasing their positions, 247 reducing their positions, and 58 closing their positions.
19% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 58
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
1% more funds holding
Funds holding: 581 → 584 (+3)
0.23% more ownership
Funds ownership: 85.74% → 85.97% (+0.23%)
5% less capital invested
Capital invested by funds: $20.7B → $19.7B (-$1.04B)
30% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 247
34% less call options, than puts
Call options by funds: $110M | Put options by funds: $166M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$116M |
| 2 |
Goldman Sachs
New York
|
+$92.7M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$83.4M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$67.5M |
| 5 |
Pzena Investment Management
New York
|
+$55.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$276M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$255M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$140M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$99.7M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$80.3M |
CI Hedge Fund Activity: Q1 2014 in Review
584 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q1 2014, worth a combined $19.7B — down 5% from $20.7B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new CI positions and 58 closed out — a net gain of 11 holders — while 172 added to existing stakes and 247 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $116M. The largest seller was Fidelity Investments, cutting an estimated $276M.
- 584 institutional investors held Cigna (CI) as of Q1 2014, up from 581 in Q4 2013.
- Funds reported $19.7B of Cigna stock for Q1 2014, down 5% quarter-over-quarter.
- 69 funds opened new Cigna positions in Q1 2014 and 58 closed out, a net change of +11 holders.
- The largest Cigna buyer in Q1 2014 was Janus Henderson Investors US, an estimated $116M added.
- The largest Cigna seller in Q1 2014 was Fidelity Investments, an estimated $276M sold.
Based on aggregated 13F filings for Q1 2014.