Centene
736 hedge funds and large institutions have $21.4B invested in Centene in 2018 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 253 increasing their positions, 286 reducing their positions, and 79 closing their positions.
44% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 79
4% more funds holding
Funds holding: 705 → 736 (+31)
2.53% more ownership
Funds ownership: 179.87% → 182.41% (+2.5%)
12% less repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 286
20% less capital invested
Capital invested by funds: $26.7B → $21.4B (-$5.3B)
24% less funds holding in top 10
Funds holding in top 10: 17 → 13 (-4)
24% less call options, than puts
Call options by funds: $113M | Put options by funds: $149M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$254M |
| 2 |
BlackRock
New York
|
+$175M |
| 3 |
Man Group
London,
United Kingdom
|
+$154M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$134M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$112M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$102M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$85.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$84.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$80.9M |
CNC Hedge Fund Activity: Q4 2018 in Review
736 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2018, worth a combined $21.4B — down 20% from $26.7B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new CNC positions and 79 closed out — a net gain of 35 holders — while 253 added to existing stakes and 286 trimmed.
The largest buyer was Capital World Investors, adding an estimated $254M. The largest seller was Millennium Management, cutting an estimated $112M.
- 736 institutional investors held Centene (CNC) as of Q4 2018, up from 705 in Q3 2018.
- Funds reported $21.4B of Centene stock for Q4 2018, down 20% quarter-over-quarter.
- 114 funds opened new Centene positions in Q4 2018 and 79 closed out, a net change of +35 holders.
- The largest Centene buyer in Q4 2018 was Capital World Investors, an estimated $254M added.
- The largest Centene seller in Q4 2018 was Millennium Management, an estimated $112M sold.
Based on aggregated 13F filings for Q4 2018.