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651 hedge funds and large institutions have $16.9B invested in Centene in 2018 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 243 increasing their positions, 236 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $91.5M | Put options by funds: $50.6M

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

20% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 64

5% more capital invested

Capital invested by funds: $16B → $16.9B (+$877M)

3% more repeat investments, than reductions

Existing positions increased: 243 | Existing positions reduced: 236

1% more funds holding

Funds holding: 646651 (+5)

3.63% less ownership

Funds ownership: 184.36%180.73% (-3.6%)

Holders
651
Holders Change
+5
Holders Change %
+0.77%
% of All Funds
14.92%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.37%
New
77
Increased
243
Reduced
236
Closed
64
Calls
$91.5M
Puts
$50.6M
Net Calls
+$40.9M
Net Calls Change
+$51.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
51
Parametric Portfolio Associates
Washington
$63.4M -$80.1K -1,536 -0.1%
DM
52
Deerfield Management
New York
$62.8M +$61.3M +1,176,000 New
RG
53
Redmile Group
California
$59.8M +$1.91M +36,600 +3%
Swiss National Bank
54
Swiss National Bank
Switzerland
$59.2M -$8.54M -163,800 -13%
VNIM
55
Vaughan Nelson Investment Management
Texas
$57.3M -$873K -16,750 -2%
RCM
56
Roystone Capital Management
New York
$55.6M +$47.3M +906,400 +678%
William Blair Investment Management
57
William Blair Investment Management
Illinois
$55.5M -$18.5M -355,306 -25%
Principal Financial Group
58
Principal Financial Group
Iowa
$55.1M +$930K +17,840 +2%
Los Angeles Capital Management
59
Los Angeles Capital Management
California
$55M +$41.1M +788,384 +327%
LSV Asset Management
60
LSV Asset Management
Illinois
$53.4M -$2.61M -50,000 -5%
FIM
61
Foresters Investment Management
New York
$52.9M +$62.6K +1,200 +0.1%
AL
62
AJO LP
Pennsylvania
$51.7M -$480K -9,210 -0.9%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$51.5M -$43.3M -831,078 -46%
TD Asset Management
64
TD Asset Management
Ontario, Canada
$50.1M -$5.54M -106,172 -10%
EAM
65
Eagle Asset Management
Florida
$49.7M +$4.02M +77,030 +9%
MSL
66
Mackay Shields LLC
New York
$46.7M +$45.6M +873,914 New
Canada Pension Plan Investment Board
67
Canada Pension Plan Investment Board
Ontario, Canada
$45.5M -$5.02M -96,200 -10%
CI Investments Inc
68
CI Investments Inc
Ontario, Canada
$44.9M +$43.8M +840,000 New
Millennium Management
69
Millennium Management
New York
$43.9M +$39.8M +762,626 +1,288%
First Trust Advisors
70
First Trust Advisors
Illinois
$43.5M -$204K -3,914 -0.5%
AT
71
AMF Tjänstepension
Sweden
$42.5M -$2.67M -51,198 -6%
PAMU
72
Pictet Asset Management (UK)
United Kingdom
$41.8M +$12.5M +238,930 +44%
New York State Common Retirement Fund
73
New York State Common Retirement Fund
New York
$41.7M -$1.46M -28,080 -3%
AllianceBernstein
74
AllianceBernstein
Tennessee
$41.2M +$740K +14,186 +2%
Adage Capital Partners
75
Adage Capital Partners
Massachusetts
$40.9M +$14.6M +279,200 +57%

CNC Hedge Fund Activity: Q1 2018 in Review

651 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2018, worth a combined $16.9B — up 5.5% from $16B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new CNC positions and 64 closed out — a net gain of 13 holders — while 243 added to existing stakes and 236 trimmed.

The largest buyer was Maverick Capital, opening a new position worth an estimated $66.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $184M.

  • 651 institutional investors held Centene (CNC) as of Q1 2018, up from 646 in Q4 2017.
  • Funds reported $16.9B of Centene stock for Q1 2018, up 5.5% quarter-over-quarter.
  • 77 funds opened new Centene positions in Q1 2018 and 64 closed out, a net change of +13 holders.
  • The largest Centene buyer in Q1 2018 was Maverick Capital, an estimated $66.9M added.
  • The largest Centene seller in Q1 2018 was T. Rowe Price Associates, an estimated $184M sold.

Based on aggregated 13F filings for Q1 2018.