Centene
425 hedge funds and large institutions have $8.95B invested in Centene in 2015 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 155 increasing their positions, 150 reducing their positions, and 41 closing their positions.
110% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 41
84% more call options, than puts
Call options by funds: $66.4M | Put options by funds: $36M
12% more capital invested
Capital invested by funds: $8.02B → $8.95B (+$927M)
10% more funds holding
Funds holding: 385 → 425 (+40)
3% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 150
2.7% less ownership
Funds ownership: 190.43% → 187.73% (-2.7%)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$89.3M |
| 2 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
+$56.2M |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$48.2M |
| 4 |
ClearBridge Investments
New York
|
+$43.9M |
| 5 |
Renaissance Technologies
New York
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$84.2M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$55.4M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$41.8M |
| 4 |
Barclays
London,
United Kingdom
|
-$36.3M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$36M |
CNC Hedge Fund Activity: Q2 2015 in Review
425 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2015, worth a combined $8.95B — up 12% from $8.02B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CNC positions and 41 closed out — a net gain of 45 holders — while 155 added to existing stakes and 150 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $89.3M. The largest seller was Jennison Associates, cutting an estimated $84.2M.
- 425 institutional investors held Centene (CNC) as of Q2 2015, up from 385 in Q1 2015.
- Funds reported $8.95B of Centene stock for Q2 2015, up 12% quarter-over-quarter.
- 86 funds opened new Centene positions in Q2 2015 and 41 closed out, a net change of +45 holders.
- The largest Centene buyer in Q2 2015 was Acadian Asset Management, an estimated $89.3M added.
- The largest Centene seller in Q2 2015 was Jennison Associates, an estimated $84.2M sold.
Based on aggregated 13F filings for Q2 2015.