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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.

New
Increased
Maintained
Reduced
Closed

57% more funds holding in top 10

Funds holding in top 10: 1422 (+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: 537523 (-14)

13% less repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 208

Holders
523
Holders Change
-14
Holders Change %
-2.61%
% of All Funds
13.95%
Holding in Top 10
22
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+57.14%
% of All Funds
0.59%
New
82
Increased
180
Reduced
208
Closed
87
Calls
$31.5M
Puts
$24.9M
Net Calls
+$6.61M
Net Calls Change
-$55.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
51
Legal & General Group
United Kingdom
$52.7M +$3.32M +105,688 +8%
GC
52
GMT Capital
Georgia
$51.7M +$43.4M +1,382,600 +2,121%
Charles Schwab
53
Charles Schwab
California
$47.1M -$2.94M -93,738 -7%
CS
54
Credit Suisse
Switzerland
$44.7M +$14.2M +453,086 +57%
Calamos Advisors
55
Calamos Advisors
Illinois
$44.3M -$4.12M -131,118 -10%
TA
56
Teachers Advisors
New York
$43.3M -$454K -14,458 -1%
Credit Agricole
57
Credit Agricole
France
$42.8M +$33.1M +1,055,364 +730%
GT
58
Glenmede Trust
Pennsylvania
$42.6M +$1.78M +56,612 +5%
GA
59
Geneva Advisors
Illinois
$42.1M -$9.23M -293,780 -20%
Sumitomo Mitsui Trust Group
60
Sumitomo Mitsui Trust Group
Japan
$39.6M +$1.53M +48,626 +5%
CM
61
CS McKee
Pennsylvania
$39.5M -$5.47M -174,130 -14%
AQR Capital Management
62
AQR Capital Management
Connecticut
$38.1M -$5.59M -177,968 -14%
First Trust Advisors
63
First Trust Advisors
Illinois
$36.8M -$19.6M -624,962 -38%
SDIC
64
South Dakota Investment Council
South Dakota
$36.4M -$1.05M -33,380 -3%
EAM
65
EverPoint Asset Management
Connecticut
$36.4M +$21.1M +671,206 +192%
Adage Capital Partners
66
Adage Capital Partners
Massachusetts
$36M +$15.4M +490,660 +95%
Viking Global Investors
67
Viking Global Investors
Connecticut
$34.9M +$30.7M +978,602 New
Swiss National Bank
68
Swiss National Bank
Switzerland
$34M +$2.14M +68,118 +8%
Fidelity Investments
69
Fidelity Investments
Massachusetts
$33.3M +$6.86M +218,342 +31%
UBS AM
70
UBS AM
Illinois
$30M -$5.41M -172,244 -17%
RJA
71
Raymond James & Associates
Florida
$29.5M +$1.73M +55,242 +7%
BlackRock
72
BlackRock
New York
$29.5M +$9.09M +289,456 +54%
PPA
73
Parametric Portfolio Associates
Washington
$29.4M +$2.7M +86,044 +12%
NFA
74
Nationwide Fund Advisors
Ohio
$29.3M -$11.7M -374,114 -31%
N
75
Nuveen
North Carolina
$27M -$7.38M -235,096 -24%

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.