Cigna
1,129 hedge funds and large institutions have $54.2B invested in Cigna in 2020 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 357 increasing their positions, 448 reducing their positions, and 110 closing their positions.
42% more call options, than puts
Call options by funds: $803M | Put options by funds: $565M
3% less funds holding
Funds holding: 1,162 → 1,129 (-33)
3.19% less ownership
Funds ownership: 90.6% → 87.41% (-3.2%)
13% less capital invested
Capital invested by funds: $62.7B → $54.2B (-$8.46B)
16% less funds holding in top 10
Funds holding in top 10: 31 → 26 (-5)
20% less repeat investments, than reductions
Existing positions increased: 357 | Existing positions reduced: 448
22% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$306M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$182M |
| 3 |
CAM
Crake Asset Management
London,
United Kingdom
|
+$138M |
| 4 |
D.E. Shaw & Co
New York
|
+$138M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$814M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$801M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$401M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$394M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$301M |
CI Hedge Fund Activity: Q3 2020 in Review
1,129 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cigna (CI) for Q3 2020, worth a combined $54.2B — down 13% from $62.7B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of CI and 86 opened new positions — a net loss of 24 holders — while 448 trimmed existing stakes and 357 added.
The largest buyer was JP Morgan Chase, adding an estimated $306M. The largest seller was Veritas Asset Management, exiting entirely with an estimated $814M sold.
- 1,129 institutional investors held Cigna (CI) as of Q3 2020, down from 1,162 in Q2 2020.
- Funds reported $54.2B of Cigna stock for Q3 2020, down 13% quarter-over-quarter.
- 86 funds opened new Cigna positions in Q3 2020 and 110 closed out, a net change of -24 holders.
- The largest Cigna buyer in Q3 2020 was JP Morgan Chase, an estimated $306M added.
- The largest Cigna seller in Q3 2020 was Veritas Asset Management, an estimated $814M sold.
Based on aggregated 13F filings for Q3 2020.