Centene
646 hedge funds and large institutions have $16B invested in Centene in 2017 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 223 increasing their positions, 236 reducing their positions, and 46 closing their positions.
152% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 46
11% more funds holding
Funds holding: 580 → 646 (+66)
3% more capital invested
Capital invested by funds: $15.5B → $16B (+$523M)
6% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 236
1.29% less ownership
Funds ownership: 185.65% → 184.36% (-1.3%)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
23% less call options, than puts
Call options by funds: $34.9M | Put options by funds: $45.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$235M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$96.5M |
| 3 |
EIP
Epoch Investment Partners
New York
|
+$62.6M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$48.7M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$212M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$137M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
-$133M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$118M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$85.6M |
CNC Hedge Fund Activity: Q4 2017 in Review
646 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2017, worth a combined $16B — up 3.4% from $15.5B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new CNC positions and 46 closed out — a net gain of 70 holders — while 223 added to existing stakes and 236 trimmed.
The largest buyer was Capital World Investors, adding an estimated $235M. The largest seller was William Blair Investment Management, cutting an estimated $212M.
- 646 institutional investors held Centene (CNC) as of Q4 2017, up from 580 in Q3 2017.
- Funds reported $16B of Centene stock for Q4 2017, up 3.4% quarter-over-quarter.
- 116 funds opened new Centene positions in Q4 2017 and 46 closed out, a net change of +70 holders.
- The largest Centene buyer in Q4 2017 was Capital World Investors, an estimated $235M added.
- The largest Centene seller in Q4 2017 was William Blair Investment Management, an estimated $212M sold.
Based on aggregated 13F filings for Q4 2017.