Centene
739 hedge funds and large institutions have $20.1B invested in Centene in 2019 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 286 increasing their positions, 273 reducing their positions, and 96 closing their positions.
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
11% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 96
5% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 273
3% more call options, than puts
Call options by funds: $366M | Put options by funds: $356M
0% more funds holding
Funds holding: 736 → 739 (+3)
6% less capital invested
Capital invested by funds: $21.4B → $20.1B (-$1.37B)
90.63% less ownership
Funds ownership: 182.41% → 91.78% (-91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$221M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$138M |
| 3 |
D.E. Shaw & Co
New York
|
+$131M |
| 4 |
EC
Eminence Capital
New York
|
+$112M |
| 5 |
PC
Paulson & Co
New York
|
+$94.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$401M |
| 2 |
Jennison Associates
New York
|
-$192M |
| 3 |
JP Morgan Chase
New York
|
-$150M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$88.3M |
| 5 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$72M |
CNC Hedge Fund Activity: Q1 2019 in Review
739 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2019, worth a combined $20.1B — down 6.4% from $21.4B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new CNC positions and 96 closed out — a net gain of 11 holders — while 286 added to existing stakes and 273 trimmed.
The largest buyer was Capital World Investors, adding an estimated $221M. The largest seller was Capital International Investors, cutting an estimated $401M.
- 739 institutional investors held Centene (CNC) as of Q1 2019, up from 736 in Q4 2018.
- Funds reported $20.1B of Centene stock for Q1 2019, down 6.4% quarter-over-quarter.
- 107 funds opened new Centene positions in Q1 2019 and 96 closed out, a net change of +11 holders.
- The largest Centene buyer in Q1 2019 was Capital World Investors, an estimated $221M added.
- The largest Centene seller in Q1 2019 was Capital International Investors, an estimated $401M sold.
Based on aggregated 13F filings for Q1 2019.