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777 hedge funds and large institutions have $34.5B invested in Centene in 2020 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 253 increasing their positions, 294 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 85

6% more capital invested

Capital invested by funds: $32.6B → $34.5B (+$1.96B)

4% more funds holding

Funds holding: 744777 (+33)

0.3% more ownership

Funds ownership: 93.55%93.85% (+0.3%)

6% less call options, than puts

Call options by funds: $211M | Put options by funds: $225M

14% less repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 294

26% less funds holding in top 10

Funds holding in top 10: 3929 (-10)

Holders
777
Holders Change
+33
Holders Change %
+4.44%
% of All Funds
15.93%
Holding in Top 10
29
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-25.64%
% of All Funds
0.59%
New
121
Increased
253
Reduced
294
Closed
85
Calls
$211M
Puts
$225M
Net Calls
-$13.2M
Net Calls Change
+$35.9M
Name Holding Trade Value Shares
Change
Change in
Stake
TGHSA
51
TPG Group Holdings (SBS) Advisors
Texas
$95.2M +$97.5M +1,497,395 New
Holocene Advisors
52
Holocene Advisors
New York
$91.6M +$1.59M +24,414 +2%
Hotchkis & Wiley Capital Management
53
Hotchkis & Wiley Capital Management
California
$90.7M -$14.2M -218,390 -13%
Manulife (Manufacturers Life Insurance)
54
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$90.4M +$52.7M +809,683 +128%
HA
55
Homestead Advisers
Virginia
$88.9M +$124K +1,900 +0.1%
SCM
56
Suvretta Capital Management
New York
$87.9M -$49.3M -757,871 -35%
O
57
OrbiMed
New York
$84.9M
DZ Bank
58
DZ Bank
Germany
$83.7M -$27.1M -416,068 -24%
RSCM
59
Rock Springs Capital Management
Maryland
$83.6M +$36.8M +565,000 +75%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$82M +$6.25M +96,057 +8%
AS
61
Altshuler Shaham
Israel
$81.4M +$4.36M +66,958 +6%
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$77.9M +$13.7M +210,700 +21%
Millennium Management
63
Millennium Management
New York
$77M +$48.7M +748,213 +161%
CS
64
Credit Suisse
Switzerland
$76.3M +$12M +184,406 +18%
US Bancorp
65
US Bancorp
Minnesota
$74.3M +$2.81M +43,236 +4%
AAMU
66
Amundi Asset Management US
Massachusetts
$71.9M +$11.7M +179,169 +19%
RhumbLine Advisers
67
RhumbLine Advisers
Massachusetts
$71.3M +$1.7M +26,125 +2%
Thrivent Financial for Lutherans
68
Thrivent Financial for Lutherans
Minnesota
$67.1M -$9.6M -147,399 -12%
State of Tennessee, Department of Treasury
69
State of Tennessee, Department of Treasury
Tennessee
$66.5M +$55.9M +858,304 +456%
BG
70
Bellevue Group
Switzerland
$66.3M +$15.1M +232,477 +29%
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$65.5M +$435K +6,677 +0.7%
Royal Bank of Canada
72
Royal Bank of Canada
Ontario, Canada
$64.2M -$3.32M -50,985 -5%
Jennison Associates
73
Jennison Associates
New York
$63.8M +$2.34M +35,999 +4%
Morgan Stanley
74
Morgan Stanley
New York
$63.6M +$9.03M +138,695 +16%
AIM
75
Artemis Investment Management
United Kingdom
$59.8M +$31.2M +479,872 +105%

CNC Hedge Fund Activity: Q2 2020 in Review

777 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2020, worth a combined $34.5B — up 6% from $32.6B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new CNC positions and 85 closed out — a net gain of 36 holders — while 253 added to existing stakes and 294 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $489M. The largest seller was Third Point, exiting entirely with an estimated $387M sold.

  • 777 institutional investors held Centene (CNC) as of Q2 2020, up from 744 in Q1 2020.
  • Funds reported $34.5B of Centene stock for Q2 2020, up 6% quarter-over-quarter.
  • 121 funds opened new Centene positions in Q2 2020 and 85 closed out, a net change of +36 holders.
  • The largest Centene buyer in Q2 2020 was Fidelity Investments, an estimated $489M added.
  • The largest Centene seller in Q2 2020 was Third Point, an estimated $387M sold.

Based on aggregated 13F filings for Q2 2020.