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684 hedge funds and large institutions have $17.6B invested in Centene in 2019 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 247 increasing their positions, 278 reducing their positions, and 110 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.85% more ownership

Funds ownership: 98.36%99.21% (+0.85%)

5% less funds holding in top 10

Funds holding in top 10: 2221 (-1)

5% less funds holding

Funds holding: 718684 (-34)

11% less repeat investments, than reductions

Existing positions increased: 247 | Existing positions reduced: 278

17% less capital invested

Capital invested by funds: $21.2B → $17.6B (-$3.56B)

25% less call options, than puts

Call options by funds: $278M | Put options by funds: $372M

28% less first-time investments, than exits

New positions opened: 79 | Existing positions closed: 110

Holders
684
Holders Change
-34
Holders Change %
-4.74%
% of All Funds
15%
Holding in Top 10
21
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.55%
% of All Funds
0.46%
New
79
Increased
247
Reduced
278
Closed
110
Calls
$278M
Puts
$372M
Net Calls
-$94.9M
Net Calls Change
-$193M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
76
RhumbLine Advisers
Massachusetts
$32.3M +$1.49M +30,589 +4%
Citigroup
77
Citigroup
New York
$32.2M +$3.45M +70,915 +11%
Allianz Asset Management
78
Allianz Asset Management
Germany
$31.5M -$1.16M -23,902 -3%
CA
79
Cortland Associates
Missouri
$31.4M -$3.9M -80,000 -10%
DM
80
Deerfield Management
New York
$31.2M +$20.3M +417,400 +138%
Lord, Abbett & Co
81
Lord, Abbett & Co
New Jersey
$30.1M -$678K -13,921 -2%
BG
82
Bellevue Group
Switzerland
$30M +$895K +18,389 +3%
AllianceBernstein
83
AllianceBernstein
Tennessee
$29.4M -$6.32M -129,698 -16%
Fidelity International
84
Fidelity International
Bermuda
$29.3M -$333K -6,839 -1%
California State Teachers Retirement System (CalSTRS)
85
California State Teachers Retirement System (CalSTRS)
California
$28.6M +$446K +9,156 +1%
Zurich Cantonal Bank
86
Zurich Cantonal Bank
Switzerland
$28.2M +$6.16M +126,516 +24%
SGCM
87
Sand Grove Capital Management
United Kingdom
$28.1M +$4.28M +87,880 +16%
FTCM
88
Fir Tree Capital Management
New York
$28M -$26.6M -546,413 -46%
New York State Teachers Retirement System (NYSTRS)
89
New York State Teachers Retirement System (NYSTRS)
New York
$27.7M -$730K -14,985 -2%
Principal Financial Group
90
Principal Financial Group
Iowa
$27.3M +$381K +7,826 +1%
SM
91
Scoggin Management
New York
$26.4M +$4.14M +85,000 +16%
ACM
92
Argent Capital Management
Missouri
$25.8M +$189K +3,877 +0.7%
SO
93
STRS Ohio
Ohio
$24.8M -$7.06M -144,978 -20%
National Pension Service
94
National Pension Service
South Korea
$24.8M +$1.22M +25,077 +5%
Grantham, Mayo, Van Otterloo & Co (GMO)
95
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$24.7M -$25.8M -530,696 -48%
CS
96
Credit Suisse
Switzerland
$24.4M -$42.4M -869,911 -61%
H
97
Hexavest
Quebec, Canada
$23.8M +$98.7K +2,026 +0.4%
TG
98
TCW Group
California
$23.5M -$11.1M -227,811 -30%
State Board of Administration of Florida Retirement System
99
State Board of Administration of Florida Retirement System
Florida
$23.1M -$584K -12,000 -2%
Two Sigma Investments
100
Two Sigma Investments
New York
$23.1M +$26M +534,426 New

CNC Hedge Fund Activity: Q3 2019 in Review

684 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2019, worth a combined $17.6B — down 17% from $21.2B a quarter earlier.

Sellers outnumbered buyers: 110 funds closed out of CNC and 79 opened new positions — a net loss of 31 holders — while 278 trimmed existing stakes and 247 added.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $429M. The largest seller was BlackRock, cutting an estimated $98.2M.

  • 684 institutional investors held Centene (CNC) as of Q3 2019, down from 718 in Q2 2019.
  • Funds reported $17.6B of Centene stock for Q3 2019, down 17% quarter-over-quarter.
  • 79 funds opened new Centene positions in Q3 2019 and 110 closed out, a net change of -31 holders.
  • The largest Centene buyer in Q3 2019 was Capital Research Global Investors, an estimated $429M added.
  • The largest Centene seller in Q3 2019 was BlackRock, an estimated $98.2M sold.

Based on aggregated 13F filings for Q3 2019.