Cigna
554 hedge funds and large institutions have $18.6B invested in Cigna in 2013 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 173 increasing their positions, 233 reducing their positions, and 36 closing their positions.
81% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 36
5% more funds holding
Funds holding: 529 → 554 (+25)
4% more capital invested
Capital invested by funds: $17.9B → $18.6B (+$751M)
0.76% less ownership
Funds ownership: 86.49% → 85.73% (-0.76%)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
26% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 233
39% less call options, than puts
Call options by funds: $96.4M | Put options by funds: $158M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$198M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$72.5M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$67.8M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$52.2M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$101M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$91.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$90.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$90.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$89.7M |
CI Hedge Fund Activity: Q3 2013 in Review
554 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q3 2013, worth a combined $18.6B — up 4.2% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new CI positions and 36 closed out — a net gain of 29 holders — while 173 added to existing stakes and 233 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $198M. The largest seller was Wellington Management Group, cutting an estimated $101M.
- 554 institutional investors held Cigna (CI) as of Q3 2013, up from 529 in Q2 2013.
- Funds reported $18.6B of Cigna stock for Q3 2013, up 4.2% quarter-over-quarter.
- 65 funds opened new Cigna positions in Q3 2013 and 36 closed out, a net change of +29 holders.
- The largest Cigna buyer in Q3 2013 was Pzena Investment Management, an estimated $198M added.
- The largest Cigna seller in Q3 2013 was Wellington Management Group, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2013.