Cigna
711 hedge funds and large institutions have $28.4B invested in Cigna in 2016 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 263 increasing their positions, 268 reducing their positions, and 72 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 268
3% less funds holding
Funds holding: 731 → 711 (-20)
3.66% less ownership
Funds ownership: 90.17% → 86.52% (-3.7%)
6% less capital invested
Capital invested by funds: $30.2B → $28.4B (-$1.76B)
17% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 72
35% less funds holding in top 10
Funds holding in top 10: 26 → 17 (-9)
43% less call options, than puts
Call options by funds: $467M | Put options by funds: $825M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$228M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$137M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$121M |
| 4 |
Sanders Capital
West Palm Beach,
Florida
|
+$116M |
| 5 |
JP Morgan Chase
New York
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$1.13B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$308M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$137M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$137M |
| 5 |
EPCM
Eton Park Capital Management
New York
|
-$130M |
CI Hedge Fund Activity: Q2 2016 in Review
711 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q2 2016, worth a combined $28.4B — down 5.8% from $30.2B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of CI and 60 opened new positions — a net loss of 12 holders — while 268 trimmed existing stakes and 263 added.
The largest buyer was Dodge & Cox, adding an estimated $228M. The largest seller was Royal London Asset Management, cutting an estimated $1.13B.
- 711 institutional investors held Cigna (CI) as of Q2 2016, down from 731 in Q1 2016.
- Funds reported $28.4B of Cigna stock for Q2 2016, down 5.8% quarter-over-quarter.
- 60 funds opened new Cigna positions in Q2 2016 and 72 closed out, a net change of -12 holders.
- The largest Cigna buyer in Q2 2016 was Dodge & Cox, an estimated $228M added.
- The largest Cigna seller in Q2 2016 was Royal London Asset Management, an estimated $1.13B sold.
Based on aggregated 13F filings for Q2 2016.