Centene
CNC
523 hedge funds and large institutions have $11.4B invested in Centene in 2016 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 180 increasing their positions, 208 reducing their positions, and 87 closing their positions.
57% more funds holding in top 10
Funds holding in top 10: 14 → 22 (+8)
26% more call options, than puts
Call options by funds: $31.5M | Put options by funds: $24.9M
18% more capital invested
Capital invested by funds: $9.72B → $11.4B (+$1.71B)
6% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 87
2.53% less ownership
Funds ownership: 190.49% → 187.96% (-2.5%)
3% less funds holding
Funds holding: 537 → 523 (-14)
13% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 208
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$259M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$236M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$85.7M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$65.8M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$63.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$137M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$123M |
| 3 |
Royal London Asset Management
United Kingdom
|
-$104M |
| 4 |
VAM
Visium Asset Management
New York
|
-$104M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$72.7M |
CNC Hedge Fund Activity: Q2 2016 in Review
523 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2016, worth a combined $11.4B — up 18% from $9.72B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of CNC and 82 opened new positions — a net loss of 5 holders — while 208 trimmed existing stakes and 180 added.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $259M. The largest seller was Acadian Asset Management, cutting an estimated $137M.
- 523 institutional investors held Centene (CNC) as of Q2 2016, down from 537 in Q1 2016.
- Funds reported $11.4B of Centene stock for Q2 2016, up 18% quarter-over-quarter.
- 82 funds opened new Centene positions in Q2 2016 and 87 closed out, a net change of -5 holders.
- The largest Centene buyer in Q2 2016 was Winslow Capital Management, an estimated $259M added.
- The largest Centene seller in Q2 2016 was Acadian Asset Management, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2016.