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756 hedge funds and large institutions have $33B invested in Cigna in 2017 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 220 increasing their positions, 299 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more call options, than puts

Call options by funds: $244M | Put options by funds: $109M

69% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 58

10% more capital invested

Capital invested by funds: $30B → $33B (+$3B)

4% more funds holding

Funds holding: 727756 (+29)

0.15% more ownership

Funds ownership: 87.59%87.74% (+0.15%)

26% less repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 299

28% less funds holding in top 10

Funds holding in top 10: 1813 (-5)

Holders
756
Holders Change
+29
Holders Change %
+3.99%
% of All Funds
18.82%
Holding in Top 10
13
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-27.78%
% of All Funds
0.32%
New
98
Increased
220
Reduced
299
Closed
58
Calls
$244M
Puts
$109M
Net Calls
+$135M
Net Calls Change
+$248M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
51
Two Sigma Advisers
New York
$116M +$23.4M +158,490 +25%
Two Sigma Investments
52
Two Sigma Investments
New York
$115M -$53.8M -365,283 -32%
American Century Companies
53
American Century Companies
Missouri
$106M +$136K +925 +0.1%
SI
54
Sentry Investments
Ontario, Canada
$106M +$7.7M +52,250 +8%
Morgan Stanley
55
Morgan Stanley
New York
$105M -$42.8M -290,142 -29%
Sumitomo Mitsui Trust Group
56
Sumitomo Mitsui Trust Group
Japan
$105M -$1.94M -13,157 -2%
Thrivent Financial for Lutherans
57
Thrivent Financial for Lutherans
Minnesota
$104M +$103M +699,500 +7,868%
Renaissance Technologies
58
Renaissance Technologies
New York
$96.5M +$28.9M +196,000 +42%
New York State Common Retirement Fund
59
New York State Common Retirement Fund
New York
$96.3M -$2.83M -19,174 -3%
AC
60
Alleghany Corporation
New York
$93M
Robeco Institutional Asset Management
61
Robeco Institutional Asset Management
Netherlands
$91.5M +$46.1M +312,992 +100%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$90M -$2.02M -13,700 -2%
PAM
63
Panagora Asset Management
Massachusetts
$85.7M +$84M +569,762 +3,712%
Mitsubishi UFJ Trust & Banking
64
Mitsubishi UFJ Trust & Banking
Japan
$81.1M +$87.7K +595 +0.1%
MIHAS
65
Maj Invest Holding A/S
Denmark
$80.1M -$15M -101,701 -16%
PPA
66
Parametric Portfolio Associates
Washington
$78.8M -$10.7M -72,827 -12%
RCM
67
Roystone Capital Management
New York
$78.2M -$7.37M -50,000 -9%
WHG
68
Westwood Holdings Group
Texas
$78M -$660K -4,477 -0.8%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$75.7M -$3.37M -22,900 -4%
MWNA
70
Marshall Wace North America
New York
$72M +$72.7M +493,384 New
CIBC Private Wealth Group
71
CIBC Private Wealth Group
Georgia
$70.4M +$504K +3,422 +0.7%
Balyasny Asset Management
72
Balyasny Asset Management
Illinois
$69.7M +$46.6M +316,339 +199%
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$67.6M +$1.91M +12,945 +3%
Teacher Retirement System of Texas
74
Teacher Retirement System of Texas
Texas
$66.9M -$2.3M -15,600 -3%
HCM
75
Highline Capital Management
New York
$66.1M +$4.63M +31,446 +7%

CI Hedge Fund Activity: Q1 2017 in Review

756 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q1 2017, worth a combined $33B — up 10% from $30B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new CI positions and 58 closed out — a net gain of 40 holders — while 220 added to existing stakes and 299 trimmed.

The largest buyer was BlackRock, adding an estimated $2.4B. The largest seller was AQR Arbitrage, exiting entirely with an estimated $165M sold.

  • 756 institutional investors held Cigna (CI) as of Q1 2017, up from 727 in Q4 2016.
  • Funds reported $33B of Cigna stock for Q1 2017, up 10% quarter-over-quarter.
  • 98 funds opened new Cigna positions in Q1 2017 and 58 closed out, a net change of +40 holders.
  • The largest Cigna buyer in Q1 2017 was BlackRock, an estimated $2.4B added.
  • The largest Cigna seller in Q1 2017 was AQR Arbitrage, an estimated $165M sold.

Based on aggregated 13F filings for Q1 2017.