Cigna
731 hedge funds and large institutions have $30.2B invested in Cigna in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 249 increasing their positions, 291 reducing their positions, and 51 closing their positions.
3.54% more ownership
Funds ownership: 86.63% → 90.17% (+3.5%)
2% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 51
1% less funds holding
Funds holding: 737 → 731 (-6)
13% less funds holding in top 10
Funds holding in top 10: 30 → 26 (-4)
14% less capital invested
Capital invested by funds: $35.1B → $30.2B (-$4.94B)
14% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 291
36% less call options, than puts
Call options by funds: $328M | Put options by funds: $511M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$1.17B |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$334M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$174M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$151M |
| 5 |
Goldman Sachs
New York
|
+$79.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$2.53B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$269M |
| 3 |
GCM
Glenview Capital Management
New York
|
-$124M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$98.4M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$93.8M |
CI Hedge Fund Activity: Q1 2016 in Review
731 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q1 2016, worth a combined $30.2B — down 14% from $35.1B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CI positions and 51 closed out — a net gain of 1 holder — while 249 added to existing stakes and 291 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $1.17B. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $2.53B sold.
- 731 institutional investors held Cigna (CI) as of Q1 2016, down from 737 in Q4 2015.
- Funds reported $30.2B of Cigna stock for Q1 2016, down 14% quarter-over-quarter.
- 52 funds opened new Cigna positions in Q1 2016 and 51 closed out, a net change of +1 holder.
- The largest Cigna buyer in Q1 2016 was Royal London Asset Management, an estimated $1.17B added.
- The largest Cigna seller in Q1 2016 was Americafirst Capital Management, an estimated $2.53B sold.
Based on aggregated 13F filings for Q1 2016.