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705 hedge funds and large institutions have $26.7B invested in Centene in 2018 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 224 increasing their positions, 300 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 52

17% more capital invested

Capital invested by funds: $22.9B → $26.7B (+$3.86B)

6% more funds holding in top 10

Funds holding in top 10: 1617 (+1)

4% more funds holding

Funds holding: 677705 (+28)

2.5% less ownership

Funds ownership: 182.38%179.87% (-2.5%)

22% less call options, than puts

Call options by funds: $97.6M | Put options by funds: $125M

25% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 300

Holders
705
Holders Change
+28
Holders Change %
+4.14%
% of All Funds
16.12%
Holding in Top 10
17
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.25%
% of All Funds
0.39%
New
84
Increased
224
Reduced
300
Closed
52
Calls
$97.6M
Puts
$125M
Net Calls
-$27.1M
Net Calls Change
-$97.7M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$95.3M +$7.69M +110,752 +9%
Swiss National Bank
52
Swiss National Bank
Switzerland
$94.9M -$2.06M -29,600 -2%
PPA
53
Parametric Portfolio Associates
Washington
$93.5M +$7.89M +113,648 +10%
AS
54
Altshuler Shaham
Israel
$91.3M +$1.68M +24,268 +2%
Two Sigma Investments
55
Two Sigma Investments
New York
$91.2M +$51.3M +738,898 +142%
California Public Employees Retirement System
56
California Public Employees Retirement System
California
$89.3M +$24.3M +350,556 +40%
Viking Global Investors
57
Viking Global Investors
Connecticut
$88.2M -$36.7M -528,026 -30%
AL
58
Appaloosa LP
New Jersey
$85.4M -$60.6M -872,456 -43%
SAM
59
Southernsun Asset Management
Tennessee
$84.8M -$99.5M -1,432,750 -55%
CIBC Private Wealth Group
60
CIBC Private Wealth Group
Georgia
$84.3M +$22.5M +324,194 +39%
Bank of Montreal
61
Bank of Montreal
Ontario, Canada
$81.8M -$21.8M -314,080 -22%
Allianz Asset Management
62
Allianz Asset Management
Germany
$81.8M -$14.9M -214,124 -16%
CTA
63
Carillon Tower Advisers
Florida
$74.8M +$9.54M +137,408 +15%
PAMU
64
Pictet Asset Management (UK)
United Kingdom
$74.3M +$3.21M +46,302 +5%
VNIM
65
Vaughan Nelson Investment Management
Texas
$74.1M -$2.02M -29,070 -3%
Principal Financial Group
66
Principal Financial Group
Iowa
$71M -$1.41M -20,322 -2%
William Blair Investment Management
67
William Blair Investment Management
Illinois
$70.2M +$223K +3,206 +0.3%
Los Angeles Capital Management
68
Los Angeles Capital Management
California
$66.3M -$7.03M -101,300 -10%
TD Asset Management
69
TD Asset Management
Ontario, Canada
$65.6M +$6.42M +92,472 +11%
Renaissance Technologies
70
Renaissance Technologies
New York
$63.5M +$60.9M +877,032 New
FIM
71
Foresters Investment Management
New York
$62.5M -$2.8M -40,400 -4%
GHCM
72
Glen Harbor Capital Management
California
$61.5M +$378K +5,440 +0.6%
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$60.3M -$1.15M -16,548 -2%
YCMGA
74
York Capital Management Global Advisors
New York
$58.4M -$3.51M -50,614 -6%
New York State Common Retirement Fund
75
New York State Common Retirement Fund
New York
$58.3M -$1.78M -25,658 -3%

CNC Hedge Fund Activity: Q3 2018 in Review

705 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2018, worth a combined $26.7B — up 17% from $22.9B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new CNC positions and 52 closed out — a net gain of 32 holders — while 224 added to existing stakes and 300 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $971M. The largest seller was Capital World Investors, cutting an estimated $557M.

  • 705 institutional investors held Centene (CNC) as of Q3 2018, up from 677 in Q2 2018.
  • Funds reported $26.7B of Centene stock for Q3 2018, up 17% quarter-over-quarter.
  • 84 funds opened new Centene positions in Q3 2018 and 52 closed out, a net change of +32 holders.
  • The largest Centene buyer in Q3 2018 was Capital International Investors, an estimated $971M added.
  • The largest Centene seller in Q3 2018 was Capital World Investors, an estimated $557M sold.

Based on aggregated 13F filings for Q3 2018.