Centene
823 hedge funds and large institutions have $35B invested in Centene in 2023 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 324 increasing their positions, 301 reducing their positions, and 75 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
8% more repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 301
0% more capital invested
Capital invested by funds: $35B → $35B (+$4.79M)
1% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 75
1.05% less ownership
Funds ownership: 94.73% → 93.68% (-1.1%)
1% less funds holding
Funds holding: 834 → 823 (-11)
42% less call options, than puts
Call options by funds: $201M | Put options by funds: $348M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$265M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$109M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$85.6M |
| 4 |
Goldman Sachs
New York
|
+$78.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$843M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$130M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$114M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$104M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$101M |
CNC Hedge Fund Activity: Q3 2023 in Review
823 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2023, worth a combined $35B — up 0.01% from $35B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of CNC and 74 opened new positions — a net loss of 1 holder — while 301 trimmed existing stakes and 324 added.
The largest buyer was Harris Associates, opening a new position worth an estimated $265M. The largest seller was Capital World Investors, cutting an estimated $843M.
- 823 institutional investors held Centene (CNC) as of Q3 2023, down from 834 in Q2 2023.
- Funds reported $35B of Centene stock for Q3 2023, up 0.01% quarter-over-quarter.
- 74 funds opened new Centene positions in Q3 2023 and 75 closed out, a net change of -1 holder.
- The largest Centene buyer in Q3 2023 was Harris Associates, an estimated $265M added.
- The largest Centene seller in Q3 2023 was Capital World Investors, an estimated $843M sold.
Based on aggregated 13F filings for Q3 2023.