Cigna
582 hedge funds and large institutions have $20.7B invested in Cigna in 2013 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 156 increasing their positions, 262 reducing their positions, and 45 closing their positions.
69% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 45
11% more capital invested
Capital invested by funds: $18.6B → $20.7B (+$2.1B)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
5% more funds holding
Funds holding: 554 → 582 (+28)
0% more ownership
Funds ownership: 85.73% → 85.73% (+0%)
40% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 262
44% less call options, than puts
Call options by funds: $102M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$82.5M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$75.1M |
| 3 |
Pzena Investment Management
New York
|
+$71M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$70.9M |
| 5 |
Jennison Associates
New York
|
+$66.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$118M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$78.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$77M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$65.3M |
| 5 |
SC
Sculptor Capital
New York
|
-$58.8M |
CI Hedge Fund Activity: Q4 2013 in Review
582 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q4 2013, worth a combined $20.7B — up 11% from $18.6B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new CI positions and 45 closed out — a net gain of 31 holders — while 156 added to existing stakes and 262 trimmed.
The largest buyer was Fidelity International, adding an estimated $82.5M. The largest seller was Fir Tree Capital Management, cutting an estimated $118M.
- 582 institutional investors held Cigna (CI) as of Q4 2013, up from 554 in Q3 2013.
- Funds reported $20.7B of Cigna stock for Q4 2013, up 11% quarter-over-quarter.
- 76 funds opened new Cigna positions in Q4 2013 and 45 closed out, a net change of +31 holders.
- The largest Cigna buyer in Q4 2013 was Fidelity International, an estimated $82.5M added.
- The largest Cigna seller in Q4 2013 was Fir Tree Capital Management, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2013.