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651 hedge funds and large institutions have $16.9B invested in Centene in 2018 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 243 increasing their positions, 236 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $91.5M | Put options by funds: $50.6M

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

20% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 64

5% more capital invested

Capital invested by funds: $16B → $16.9B (+$877M)

3% more repeat investments, than reductions

Existing positions increased: 243 | Existing positions reduced: 236

1% more funds holding

Funds holding: 646651 (+5)

3.63% less ownership

Funds ownership: 184.36%180.73% (-3.6%)

Holders
651
Holders Change
+5
Holders Change %
+0.77%
% of All Funds
14.92%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.37%
New
77
Increased
243
Reduced
236
Closed
64
Calls
$91.5M
Puts
$50.6M
Net Calls
+$40.9M
Net Calls Change
+$51.2M
Name Holding Trade Value Shares
Change
Change in
Stake
AL
26
Appaloosa LP
New Jersey
$131M +$48.5M +930,000 +61%
Acadian Asset Management
27
Acadian Asset Management
Massachusetts
$128M -$4.34M -83,294 -3%
Invesco
28
Invesco
Georgia
$126M -$941K -18,046 -0.8%
UBS Group
29
UBS Group
Switzerland
$117M -$6.34M -121,690 -5%
PAM
30
Panagora Asset Management
Massachusetts
$108M -$68.1M -1,305,486 -39%
VOYA Investment Management
31
VOYA Investment Management
Georgia
$108M -$2.08M -39,890 -2%
GC
32
Guggenheim Capital
Illinois
$98.5M -$525K -10,076 -0.5%
Arrowstreet Capital
33
Arrowstreet Capital
Massachusetts
$95.3M +$40.8M +781,910 +78%
Legal & General Group
34
Legal & General Group
United Kingdom
$94.2M +$3.44M +65,976 +4%
Victory Capital Management
35
Victory Capital Management
Texas
$88.5M -$4.91M -94,140 -5%
TG
36
TCW Group
California
$88.4M +$6.06M +116,260 +8%
Charles Schwab
37
Charles Schwab
California
$88M +$12M +229,500 +16%
Allianz Asset Management
38
Allianz Asset Management
Germany
$87.8M +$2.11M +40,518 +3%
Wellington Management Group
39
Wellington Management Group
Massachusetts
$87M -$734K -14,080 -0.9%
TA
40
Teachers Advisors
New York
$80.7M -$5.57M -106,932 -7%
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$78M +$12M +231,122 +19%
TCM
42
TimesSquare Capital Management
New York
$77.3M -$4.02M -77,200 -5%
SGAM
43
Smith Group Asset Management
Texas
$74.9M +$18.3M +350,856 +34%
AII
44
AGF Investments Inc
Ontario, Canada
$74M +$20.9M +401,298 +41%
GC
45
GMT Capital
Georgia
$73.9M +$5.32M +102,000 +8%
MC
46
Maverick Capital
Texas
$68.5M +$66.9M +1,282,524 New
AS
47
Altshuler Shaham
Israel
$67.5M +$9.12M +175,016 +16%
Morgan Stanley
48
Morgan Stanley
New York
$66.6M +$4.07M +78,048 +7%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$64.6M +$989K +18,970 +2%
Fidelity Investments
50
Fidelity Investments
Massachusetts
$63.9M -$4.62M -88,672 -7%

CNC Hedge Fund Activity: Q1 2018 in Review

651 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2018, worth a combined $16.9B — up 5.5% from $16B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new CNC positions and 64 closed out — a net gain of 13 holders — while 243 added to existing stakes and 236 trimmed.

The largest buyer was Maverick Capital, opening a new position worth an estimated $66.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $184M.

  • 651 institutional investors held Centene (CNC) as of Q1 2018, up from 646 in Q4 2017.
  • Funds reported $16.9B of Centene stock for Q1 2018, up 5.5% quarter-over-quarter.
  • 77 funds opened new Centene positions in Q1 2018 and 64 closed out, a net change of +13 holders.
  • The largest Centene buyer in Q1 2018 was Maverick Capital, an estimated $66.9M added.
  • The largest Centene seller in Q1 2018 was T. Rowe Price Associates, an estimated $184M sold.

Based on aggregated 13F filings for Q1 2018.