Centene
358 hedge funds and large institutions have $5.86B invested in Centene in 2014 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 104 increasing their positions, 148 reducing their positions, and 25 closing their positions.
240% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 25
21% more capital invested
Capital invested by funds: $4.83B → $5.86B (+$1.03B)
18% more funds holding
Funds holding: 303 → 358 (+55)
13% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $14.6M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13.4% less ownership
Funds ownership: 396.37% → 382.97% (-13%)
30% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$214M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$55.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$47.4M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$33.7M |
| 5 |
QI
QS Investors
New York
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$133M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$84M |
| 3 |
Jennison Associates
New York
|
-$69.1M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$35.8M |
| 5 |
Bank of New York Mellon
New York
|
-$34.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PIM
376
Partner Investment Management
San Francisco,
California
| – | -$143K | -6,928 | Closed |
|
|
HHMI
377
Howard Hughes Medical Institute
Chevy Chase,
Maryland
| – | -$44K | -2,152 | Closed |
|
|
PTC
378
Private Trust Company
Cleveland,
Ohio
| – | -$16K | -776 | Closed |
|
|
MA
379
MUFG Americas
New York
| – | -$13K | -612 | Closed |
|
|
MA
380
MCF Advisors
Covington,
Kentucky
| – | -$5K | -264 | Closed |
|
|
KT
381
Kanaly Trust
Houston,
Texas
| – | -$4K | -184 | Closed |
|
382
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1K | -68 | Closed |
|
|
W
383
Wealthfront
Palo Alto,
California
| – | +$93 | +4 | New |
|
CNC Hedge Fund Activity: Q4 2014 in Review
358 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2014, worth a combined $5.86B — up 21% from $4.83B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new CNC positions and 25 closed out — a net gain of 60 holders — while 104 added to existing stakes and 148 trimmed.
The largest buyer was Capital World Investors, adding an estimated $214M. The largest seller was Glenview Capital Management, exiting entirely with an estimated $133M sold.
- 358 institutional investors held Centene (CNC) as of Q4 2014, up from 303 in Q3 2014.
- Funds reported $5.86B of Centene stock for Q4 2014, up 21% quarter-over-quarter.
- 85 funds opened new Centene positions in Q4 2014 and 25 closed out, a net change of +60 holders.
- The largest Centene buyer in Q4 2014 was Capital World Investors, an estimated $214M added.
- The largest Centene seller in Q4 2014 was Glenview Capital Management, an estimated $133M sold.
Based on aggregated 13F filings for Q4 2014.