Cigna
732 hedge funds and large institutions have $30.5B invested in Cigna in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 247 increasing their positions, 292 reducing their positions, and 51 closing their positions.
2% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 51
0.2% more ownership
Funds ownership: 86.61% → 86.81% (+0.2%)
1% less funds holding
Funds holding: 738 → 732 (-6)
7% less capital invested
Capital invested by funds: $32.6B → $30.5B (-$2.17B)
13% less funds holding in top 10
Funds holding in top 10: 30 → 26 (-4)
15% less repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 292
36% less call options, than puts
Call options by funds: $328M | Put options by funds: $511M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$334M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$174M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$151M |
| 4 |
Goldman Sachs
New York
|
+$79.8M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$74.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$269M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$124M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$98.4M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$93.8M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$93.5M |
CI Hedge Fund Activity: Q1 2016 in Review
732 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q1 2016, worth a combined $30.5B — down 6.7% from $32.6B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CI positions and 51 closed out — a net gain of 1 holder — while 247 added to existing stakes and 292 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $334M. The largest seller was Fidelity Investments, cutting an estimated $269M.
- 732 institutional investors held Cigna (CI) as of Q1 2016, down from 738 in Q4 2015.
- Funds reported $30.5B of Cigna stock for Q1 2016, down 6.7% 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 Massachusetts Financial Services, an estimated $334M added.
- The largest Cigna seller in Q1 2016 was Fidelity Investments, an estimated $269M sold.
Based on aggregated 13F filings for Q1 2016.