Centene
846 hedge funds and large institutions have $42.3B invested in Centene in 2022 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 305 increasing their positions, 315 reducing their positions, and 82 closing their positions.
22% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 82
1.12% more ownership
Funds ownership: 94.3% → 95.42% (+1.1%)
1% more funds holding
Funds holding: 837 → 846 (+9)
3% less repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 315
9% less capital invested
Capital invested by funds: $46.5B → $42.3B (-$4.26B)
32% less funds holding in top 10
Funds holding in top 10: 25 → 17 (-8)
41% less call options, than puts
Call options by funds: $168M | Put options by funds: $287M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$353M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$274M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$253M |
| 4 |
FAM
Fred Alger Management
New York
|
+$162M |
| 5 |
Renaissance Technologies
New York
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$827M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$702M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$101M |
| 4 |
GCM
Glenview Capital Management
New York
|
-$90.8M |
| 5 |
JCM
Junto Capital Management
New York
|
-$89.2M |
CNC Hedge Fund Activity: Q3 2022 in Review
846 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2022, worth a combined $42.3B — down 9.2% from $46.5B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new CNC positions and 82 closed out — a net gain of 18 holders — while 305 added to existing stakes and 315 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $353M. The largest seller was JP Morgan Chase, cutting an estimated $827M.
- 846 institutional investors held Centene (CNC) as of Q3 2022, up from 837 in Q2 2022.
- Funds reported $42.3B of Centene stock for Q3 2022, down 9.2% quarter-over-quarter.
- 100 funds opened new Centene positions in Q3 2022 and 82 closed out, a net change of +18 holders.
- The largest Centene buyer in Q3 2022 was Janus Henderson Group, an estimated $353M added.
- The largest Centene seller in Q3 2022 was JP Morgan Chase, an estimated $827M sold.
Based on aggregated 13F filings for Q3 2022.