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777 hedge funds and large institutions have $34.5B invested in Centene in 2020 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 253 increasing their positions, 294 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 85

6% more capital invested

Capital invested by funds: $32.6B → $34.5B (+$1.96B)

4% more funds holding

Funds holding: 744777 (+33)

0.3% more ownership

Funds ownership: 93.55%93.85% (+0.3%)

6% less call options, than puts

Call options by funds: $211M | Put options by funds: $225M

14% less repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 294

26% less funds holding in top 10

Funds holding in top 10: 3929 (-10)

Holders
777
Holders Change
+33
Holders Change %
+4.44%
% of All Funds
15.93%
Holding in Top 10
29
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-25.64%
% of All Funds
0.59%
New
121
Increased
253
Reduced
294
Closed
85
Calls
$211M
Puts
$225M
Net Calls
-$13.2M
Net Calls Change
+$35.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Assenagon Asset Management
26
Assenagon Asset Management
Luxembourg
$220M +$210M +3,223,577 +1,387%
Swedbank
27
Swedbank
Sweden
$191M -$7.06M -108,487 -3%
CG
28
Carmignac Gestion
France
$179M +$20M +307,716 +12%
EIP
29
Epoch Investment Partners
New York
$176M -$103M -1,589,499 -36%
SCA
30
Southpoint Capital Advisors
New York
$175M -$16.3M -250,000 -8%
Charles Schwab
31
Charles Schwab
California
$171M -$3.96M -60,776 -2%
UBS AM
32
UBS AM
Illinois
$171M -$4.95M -75,953 -3%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$164M +$2.87M +44,053 +2%
Bank of America
34
Bank of America
North Carolina
$162M -$13.9M -213,522 -8%
VIP
35
Vantage Investment Partners
Missouri
$155M -$4.96M -76,147 -3%
Fidelity International
36
Fidelity International
Bermuda
$149M +$96.3M +1,478,974 +172%
Swiss National Bank
37
Swiss National Bank
Switzerland
$147M +$3.55M +54,500 +2%
Goldman Sachs
38
Goldman Sachs
New York
$146M -$49.1M -753,773 -25%
RL
39
Ruffer LLP
United Kingdom
$145M -$29.4M -451,048 -17%
Wells Fargo
40
Wells Fargo
California
$141M -$41.1M -631,539 -22%
Victory Capital Management
41
Victory Capital Management
Texas
$136M +$35.6M +547,431 +34%
TD Asset Management
42
TD Asset Management
Ontario, Canada
$136M -$12.6M -192,781 -8%
Point72 Asset Management
43
Point72 Asset Management
Connecticut
$122M +$49.9M +765,713 +67%
PPA
44
Parametric Portfolio Associates
Washington
$117M +$6.47M +99,405 +6%
TP
45
Theleme Partners
United Kingdom
$111M +$70.6M +1,085,000 +165%
DKCM
46
Davidson Kempner Capital Management
New York
$107M +$62.8M +965,299 +136%
UBS Group
47
UBS Group
Switzerland
$105M -$3.45M -52,996 -3%
TCM
48
TimesSquare Capital Management
New York
$101M +$6.65M +102,100 +7%
BNP Paribas Asset Management
49
BNP Paribas Asset Management
France
$101M -$18M -275,868 -15%
EC
50
Eminence Capital
New York
$99M +$17.6M +270,873 +21%

CNC Hedge Fund Activity: Q2 2020 in Review

777 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2020, worth a combined $34.5B — up 6% from $32.6B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new CNC positions and 85 closed out — a net gain of 36 holders — while 253 added to existing stakes and 294 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $489M. The largest seller was Third Point, exiting entirely with an estimated $387M sold.

  • 777 institutional investors held Centene (CNC) as of Q2 2020, up from 744 in Q1 2020.
  • Funds reported $34.5B of Centene stock for Q2 2020, up 6% quarter-over-quarter.
  • 121 funds opened new Centene positions in Q2 2020 and 85 closed out, a net change of +36 holders.
  • The largest Centene buyer in Q2 2020 was Fidelity Investments, an estimated $489M added.
  • The largest Centene seller in Q2 2020 was Third Point, an estimated $387M sold.

Based on aggregated 13F filings for Q2 2020.