Centene
893 hedge funds and large institutions have $38.5B invested in Centene in 2023 Q4 according to their latest regulatory filings, with 140 funds opening new positions, 308 increasing their positions, 325 reducing their positions, and 58 closing their positions.
141% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 58
10% more capital invested
Capital invested by funds: $35B → $38.5B (+$3.45B)
9% more funds holding
Funds holding: 823 → 893 (+70)
3.38% more ownership
Funds ownership: 93.68% → 97.06% (+3.4%)
5% more call options, than puts
Call options by funds: $225M | Put options by funds: $215M
5% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 325
17% less funds holding in top 10
Funds holding in top 10: 18 → 15 (-3)
Top Buyers
| 1 |
Harris Associates
Chicago,
Illinois
|
+$496M |
| 2 |
Morgan Stanley
New York
|
+$375M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$327M |
| 4 |
Man Group
London,
United Kingdom
|
+$181M |
| 5 |
BlackRock
New York
|
+$131M |
Top Sellers
| 1 |
Capital World Investors
Los Angeles,
California
|
-$442M |
| 2 |
Goldman Sachs
New York
|
-$132M |
| 3 |
Swedbank
Stockholm,
Sweden
|
-$106M |
| 4 |
Barclays
London,
United Kingdom
|
-$99.8M |
| 5 |
Millennium Management
New York
|
-$95.7M |
CNC Hedge Fund Activity: Q4 2023 in Review
893 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2023, worth a combined $38.5B — up 9.9% from $35B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new CNC positions and 58 closed out — a net gain of 82 holders — while 308 added to existing stakes and 325 trimmed.
The largest buyer was Harris Associates, adding an estimated $496M. The largest seller was Capital World Investors, cutting an estimated $442M.
- 893 institutional investors held Centene (CNC) as of Q4 2023, up from 823 in Q3 2023.
- Funds reported $38.5B of Centene stock for Q4 2023, up 9.9% quarter-over-quarter.
- 140 funds opened new Centene positions in Q4 2023 and 58 closed out, a net change of +82 holders.
- The largest Centene buyer in Q4 2023 was Harris Associates, an estimated $496M added.
- The largest Centene seller in Q4 2023 was Capital World Investors, an estimated $442M sold.
Based on aggregated 13F filings for Q4 2023.