Centene
881 hedge funds and large institutions have $37.2B invested in Centene in 2024 Q3 according to their latest regulatory filings, with 88 funds opening new positions, 304 increasing their positions, 359 reducing their positions, and 94 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
7% more capital invested
Capital invested by funds: $34.6B → $37.2B (+$2.56B)
6% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 94
2% less funds holding
Funds holding: 895 → 881 (-14)
3.77% less ownership
Funds ownership: 97.77% → 94% (-3.8%)
15% less repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 359
29% less call options, than puts
Call options by funds: $223M | Put options by funds: $314M
Top Buyers
| 1 |
Norges Bank
Oslo,
Norway
|
+$129M |
| 2 |
8KM
8 Knots Management
Dallas,
Texas
|
+$124M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$104M |
| 4 |
Millennium Management
New York
|
+$101M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$81.8M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$770M |
| 2 |
Swedbank
Stockholm,
Sweden
|
-$347M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$298M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$198M |
| 5 |
BlackRock
New York
|
-$134M |
CNC Hedge Fund Activity: Q3 2024 in Review
881 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2024, worth a combined $37.2B — up 7.4% from $34.6B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of CNC and 88 opened new positions — a net loss of 6 holders — while 359 trimmed existing stakes and 304 added.
The largest buyer was Norges Bank, adding an estimated $129M. The largest seller was Fidelity Investments, cutting an estimated $770M.
- 881 institutional investors held Centene (CNC) as of Q3 2024, down from 895 in Q2 2024.
- Funds reported $37.2B of Centene stock for Q3 2024, up 7.4% quarter-over-quarter.
- 88 funds opened new Centene positions in Q3 2024 and 94 closed out, a net change of -6 holders.
- The largest Centene buyer in Q3 2024 was Norges Bank, an estimated $129M added.
- The largest Centene seller in Q3 2024 was Fidelity Investments, an estimated $770M sold.
Based on aggregated 13F filings for Q3 2024.