Centene
744 hedge funds and large institutions have $32.6B invested in Centene in 2020 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 338 increasing their positions, 217 reducing their positions, and 92 closing their positions.
77% more funds holding in top 10
Funds holding in top 10: 22 → 39 (+17)
56% more repeat investments, than reductions
Existing positions increased: 338 | Existing positions reduced: 217
37% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 92
17% more capital invested
Capital invested by funds: $27.8B → $32.6B (+$4.83B)
4% more funds holding
Funds holding: 717 → 744 (+27)
12.9% less ownership
Funds ownership: 106.45% → 93.55% (-13%)
20% less call options, than puts
Call options by funds: $201M | Put options by funds: $250M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.3B |
| 2 |
BlackRock
New York
|
+$794M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$738M |
| 4 |
State Street
Boston,
Massachusetts
|
+$462M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$440M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$336M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$303M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$149M |
| 4 |
PC
PointState Capital
New York
|
-$102M |
| 5 |
N
Natixis
Paris,
France
|
-$100M |
CNC Hedge Fund Activity: Q1 2020 in Review
744 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2020, worth a combined $32.6B — up 17% from $27.8B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new CNC positions and 92 closed out — a net gain of 34 holders — while 338 added to existing stakes and 217 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.3B. The largest seller was Goldman Sachs, cutting an estimated $336M.
- 744 institutional investors held Centene (CNC) as of Q1 2020, up from 717 in Q4 2019.
- Funds reported $32.6B of Centene stock for Q1 2020, up 17% quarter-over-quarter.
- 126 funds opened new Centene positions in Q1 2020 and 92 closed out, a net change of +34 holders.
- The largest Centene buyer in Q1 2020 was Vanguard Group, an estimated $1.3B added.
- The largest Centene seller in Q1 2020 was Goldman Sachs, an estimated $336M sold.
Based on aggregated 13F filings for Q1 2020.