We are live on ! Find out more
CNC icon

Centene
CNC

847 hedge funds and large institutions have $16.4B invested in Centene in 2025 Q3 according to their latest regulatory filings, with 168 funds opening new positions, 333 increasing their positions, 265 reducing their positions, and 179 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more funds holding in top 10

Funds holding in top 10: 7 → 17 (+10)

26% more repeat investments, than reductions

Existing positions increased: 333 | Existing positions reduced: 265

18% more call options, than puts

Call options by funds: $878M | Put options by funds: $745M

6% less first-time investments, than exits

New positions opened: 168 | Existing positions closed: 179

3% less funds holding

Funds holding: 870 → 847 (-23)

2.98% less ownership

Funds ownership: 96.52% → 93.54% (-3%)

37% less capital invested

Capital invested by funds: $26B → $16.4B (-$9.58B)

Holders
847
Holders Change
-23
Holders Change %
-2.64%
% of All Funds
11.12%
Holding in Top 10
17
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+142.86%
% of All Funds
0.22%
New
168
Increased
333
Reduced
265
Closed
179
Calls
$878M
Puts
$745M
Net Calls
+$133M
Net Calls Change
+$249M

Top Buyers

1
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$234M
2
AQR Capital Management
AQR Capital Management
Connecticut
+$192M
3
DM
Deerfield Management
New York
+$177M
4
Citadel Advisors
Citadel Advisors
Florida
+$160M
5
8KM
8 Knots Management
Texas
+$158M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$712M
2
Capital World Investors
Capital World Investors
California
-$419M
3
Harris Associates
Harris Associates
Illinois
-$341M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$156M
5
DPL
Danica Pension Livsforsikrings
-$74.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
DGM
276
Delta Global Management
New York
$2.81M +$1.17M +38,640 +96%
OAM
277
OP Asset Management
$2.77M +$48.1K +1,593 +2%
TCMP
278
Thrive Capital Management (Pennsylvania)
Pennsylvania
$2.7M +$1.27M +42,004 +124%
YCM
279
Yousif Capital Management
Michigan
$2.66M -$101K -3,338 -4%
X
280
Xponance
Pennsylvania
$2.65M -$78.4K -2,596 -3%
PRP
281
Peak Retirement Planning
Ohio
$2.58M +$1.41M +46,562 +182%
BCIM
282
British Columbia Investment Management
British Columbia, Canada
$2.55M -$198K -6,546 -8%
Fifth Third Bancorp
283
Fifth Third Bancorp
Ohio
$2.55M +$335K +11,097 +18%
M&T Bank
284
M&T Bank
New York
$2.53M +$1.23M +40,785 +136%
FPAS
285
Focus Partners Advisor Solutions
Missouri
$2.52M +$1.5M +49,670 +215%
Stifel Financial
286
Stifel Financial
Missouri
$2.5M -$563K -18,647 -21%
CIBC Asset Management
287
CIBC Asset Management
Ontario, Canada
$2.49M -$6.16K -204 -0.3%
Pacer Advisors
288
Pacer Advisors
Pennsylvania
$2.44M +$773K +25,608 +60%
NIM
289
NEOS Investment Management
Connecticut
$2.43M +$610K +20,185 +42%
LSA
290
Leonteq Securities AG
Switzerland
$2.4M +$1.51M +49,957 +289%
RC
291
RBF Capital
California
$2.38M – – –
CBU
292
CIBC Bancorp USA
Illinois
$2.34M +$1.98M +65,483 New
Teacher Retirement System of Texas
293
Teacher Retirement System of Texas
Texas
$2.33M -$16.7M -552,972 -89%
MFG
294
Merit Financial Group
Georgia
$2.32M +$937K +31,025 +92%
PCA
295
Pallas Capital Advisors
Massachusetts
$2.31M +$1.24M +41,055 +174%
Comerica Bank
296
Comerica Bank
Texas
$2.3M -$1.43M -47,499 -42%
N
297
Numerai
California
$2.3M +$1.56M +51,625 +401%
NAM
298
Nissay Asset Management
Japan
$2.27M +$22.4K +743 +1%
Schroder Investment Management Group
299
Schroder Investment Management Group
United Kingdom
$2.27M -$372K -12,311 -16%
NYLIM
300
New York Life Investment Management
New York
$2.26M -$173K -5,712 -8%
10 11
12
13 14

CNC Hedge Fund Activity: Q3 2025 in Review

847 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2025, worth a combined $16.4B — down 37% from $26B a quarter earlier.

Sellers outnumbered buyers: 179 funds closed out of CNC and 168 opened new positions — a net loss of 11 holders — while 265 trimmed existing stakes and 333 added.

The largest buyer was D.E. Shaw & Co, adding an estimated $234M. The largest seller was Fidelity Investments, cutting an estimated $712M.

  • 847 institutional investors held Centene (CNC) as of Q3 2025, down from 870 in Q2 2025.
  • Funds reported $16.4B of Centene stock for Q3 2025, down 37% quarter-over-quarter.
  • 168 funds opened new Centene positions in Q3 2025 and 179 closed out, a net change of -11 holders.
  • The largest Centene buyer in Q3 2025 was D.E. Shaw & Co, an estimated $234M added.
  • The largest Centene seller in Q3 2025 was Fidelity Investments, an estimated $712M sold.

Based on aggregated 13F filings for Q3 2025.