Centene
847 hedge funds and large institutions have $16.4B invested in Centene in 2025 Q3 according to their latest regulatory filings, with 168 funds opening new positions, 333 increasing their positions, 265 reducing their positions, and 179 closing their positions.
143% more funds holding in top 10
Funds holding in top 10: 7 → 17 (+10)
26% more repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 265
18% more call options, than puts
Call options by funds: $878M | Put options by funds: $745M
6% less first-time investments, than exits
New positions opened: 168 | Existing positions closed: 179
3% less funds holding
Funds holding: 870 → 847 (-23)
2.98% less ownership
Funds ownership: 96.52% → 93.54% (-3%)
37% less capital invested
Capital invested by funds: $26B → $16.4B (-$9.58B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$234M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$192M |
| 3 |
DM
Deerfield Management
New York
|
+$177M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$160M |
| 5 |
8KM
8 Knots Management
Dallas,
Texas
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$712M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$419M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$341M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$156M |
| 5 |
DPL
Danica Pension Livsforsikrings
Copenhagen V,
|
-$74.3M |
CNC Hedge Fund Activity: Q3 2025 in Review
847 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2025, worth a combined $16.4B — down 37% from $26B a quarter earlier.
Sellers outnumbered buyers: 179 funds closed out of CNC and 168 opened new positions — a net loss of 11 holders — while 265 trimmed existing stakes and 333 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $234M. The largest seller was Fidelity Investments, cutting an estimated $712M.
- 847 institutional investors held Centene (CNC) as of Q3 2025, down from 870 in Q2 2025.
- Funds reported $16.4B of Centene stock for Q3 2025, down 37% quarter-over-quarter.
- 168 funds opened new Centene positions in Q3 2025 and 179 closed out, a net change of -11 holders.
- The largest Centene buyer in Q3 2025 was D.E. Shaw & Co, an estimated $234M added.
- The largest Centene seller in Q3 2025 was Fidelity Investments, an estimated $712M sold.
Based on aggregated 13F filings for Q3 2025.