Centene
718 hedge funds and large institutions have $21.2B invested in Centene in 2019 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 271 increasing their positions, 262 reducing their positions, and 118 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
15% more call options, than puts
Call options by funds: $754M | Put options by funds: $656M
6.58% more ownership
Funds ownership: 91.78% → 98.36% (+6.6%)
6% more capital invested
Capital invested by funds: $20.1B → $21.2B (+$1.15B)
3% more repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 262
8% less first-time investments, than exits
New positions opened: 108 | Existing positions closed: 118
3% less funds holding
Funds holding: 739 → 718 (-21)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$529M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$350M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$164M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$163M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$272M |
| 2 |
BlackRock
New York
|
-$128M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$91.7M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$86M |
| 5 |
PC
Paulson & Co
New York
|
-$82.7M |
CNC Hedge Fund Activity: Q2 2019 in Review
718 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2019, worth a combined $21.2B — up 5.7% from $20.1B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of CNC and 108 opened new positions — a net loss of 10 holders — while 262 trimmed existing stakes and 271 added.
The largest buyer was Viking Global Investors, adding an estimated $529M. The largest seller was AQR Capital Management, cutting an estimated $272M.
- 718 institutional investors held Centene (CNC) as of Q2 2019, down from 739 in Q1 2019.
- Funds reported $21.2B of Centene stock for Q2 2019, up 5.7% quarter-over-quarter.
- 108 funds opened new Centene positions in Q2 2019 and 118 closed out, a net change of -10 holders.
- The largest Centene buyer in Q2 2019 was Viking Global Investors, an estimated $529M added.
- The largest Centene seller in Q2 2019 was AQR Capital Management, an estimated $272M sold.
Based on aggregated 13F filings for Q2 2019.