Centene
878 hedge funds and large institutions have $42.3B invested in Centene in 2022 Q4 according to their latest regulatory filings, with 125 funds opening new positions, 308 increasing their positions, 324 reducing their positions, and 79 closing their positions.
58% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 79
4% more funds holding
Funds holding: 846 → 878 (+32)
0% more capital invested
Capital invested by funds: $42.3B → $42.3B (+$90.7M)
5% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 324
3.59% less ownership
Funds ownership: 95.42% → 91.83% (-3.6%)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
52% less call options, than puts
Call options by funds: $169M | Put options by funds: $353M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$237M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$201M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$102M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$94M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$93.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$645M |
| 2 |
JP Morgan Chase
New York
|
-$555M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$426M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$306M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$227M |
CNC Hedge Fund Activity: Q4 2022 in Review
878 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2022, worth a combined $42.3B — up 0.21% from $42.3B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new CNC positions and 79 closed out — a net gain of 46 holders — while 308 added to existing stakes and 324 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $237M. The largest seller was T. Rowe Price Associates, cutting an estimated $645M.
- 878 institutional investors held Centene (CNC) as of Q4 2022, up from 846 in Q3 2022.
- Funds reported $42.3B of Centene stock for Q4 2022, up 0.21% quarter-over-quarter.
- 125 funds opened new Centene positions in Q4 2022 and 79 closed out, a net change of +46 holders.
- The largest Centene buyer in Q4 2022 was Nordea Investment Management, an estimated $237M added.
- The largest Centene seller in Q4 2022 was T. Rowe Price Associates, an estimated $645M sold.
Based on aggregated 13F filings for Q4 2022.