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705 hedge funds and large institutions have $26.7B invested in Centene in 2018 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 224 increasing their positions, 300 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 52

17% more capital invested

Capital invested by funds: $22.9B → $26.7B (+$3.86B)

6% more funds holding in top 10

Funds holding in top 10: 1617 (+1)

4% more funds holding

Funds holding: 677705 (+28)

2.5% less ownership

Funds ownership: 182.38%179.87% (-2.5%)

22% less call options, than puts

Call options by funds: $97.6M | Put options by funds: $125M

25% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 300

Holders
705
Holders Change
+28
Holders Change %
+4.14%
% of All Funds
16.12%
Holding in Top 10
17
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.25%
% of All Funds
0.39%
New
84
Increased
224
Reduced
300
Closed
52
Calls
$97.6M
Puts
$125M
Net Calls
-$27.1M
Net Calls Change
-$97.7M
Name Holding Trade Value Shares
Change
Change in
Stake
PC
101
Polar Capital
United Kingdom
$39M -$19.2M -276,924 -34%
Assenagon Asset Management
102
Assenagon Asset Management
Luxembourg
$38.8M +$1.29M +18,512 +4%
Adage Capital Partners
103
Adage Capital Partners
Massachusetts
$38.2M -$16.8M -242,600 -32%
BNP Paribas Asset Management
104
BNP Paribas Asset Management
France
$36.4M -$412K -5,938 -1%
AAM
105
Ardevora Asset Management
United Kingdom
$36.3M -$5.21M -75,000 -13%
APG Asset Management
106
APG Asset Management
Netherlands
$35.5M +$5.18M +74,600 +15%
DM
107
Deerfield Management
New York
$35.5M -$11M -159,072 -25%
Prudential Financial
108
Prudential Financial
New Jersey
$35M -$10.3M -147,940 -23%
BNP Paribas Financial Markets
109
BNP Paribas Financial Markets
France
$34.7M +$8.93M +128,576 +37%
MIM
110
Miller Investment Management
Pennsylvania
$34.7M -$6.75M -97,216 -17%
Manulife (Manufacturers Life Insurance)
111
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$33.4M -$143K -2,064 -0.4%
CAM
112
ClariVest Asset Management
California
$33.3M +$18.5M +265,914 +137%
Axa
113
Axa
France
$33.1M -$21.5M -308,998 -40%
SDIC
114
South Dakota Investment Council
South Dakota
$32.4M -$2.42M -34,898 -7%
State of Wisconsin Investment Board
115
State of Wisconsin Investment Board
Wisconsin
$32.2M -$6.19M -89,116 -17%
RG
116
Redmile Group
California
$32.1M -$39.7M -572,480 -56%
National Pension Service
117
National Pension Service
South Korea
$31.6M +$2.71M +39,034 +10%
BG
118
Bellevue Group
Switzerland
$31.6M +$7.61M +109,548 +34%
PAM
119
Panagora Asset Management
Massachusetts
$31.4M -$61.5M -885,212 -67%
AT
120
AMF Tjänstepension
Sweden
$30.1M -$4.73M -68,080 -14%
Aberdeen Group
121
Aberdeen Group
United Kingdom
$29.9M -$177K -2,552 -0.6%
EARNEST Partners
122
EARNEST Partners
Georgia
$29.8M -$349K -5,028 -1%
CCI
123
Columbus Circle Investors
$29M -$291K -4,188 -1%
TAM
124
Tyers Asset Management
Texas
$28.9M +$178K +2,560 +0.6%
Handelsbanken Fonder
125
Handelsbanken Fonder
Sweden
$28.6M +$139K +2,000 +0.5%

CNC Hedge Fund Activity: Q3 2018 in Review

705 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2018, worth a combined $26.7B — up 17% from $22.9B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new CNC positions and 52 closed out — a net gain of 32 holders — while 224 added to existing stakes and 300 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $971M. The largest seller was Capital World Investors, cutting an estimated $557M.

  • 705 institutional investors held Centene (CNC) as of Q3 2018, up from 677 in Q2 2018.
  • Funds reported $26.7B of Centene stock for Q3 2018, up 17% quarter-over-quarter.
  • 84 funds opened new Centene positions in Q3 2018 and 52 closed out, a net change of +32 holders.
  • The largest Centene buyer in Q3 2018 was Capital International Investors, an estimated $971M added.
  • The largest Centene seller in Q3 2018 was Capital World Investors, an estimated $557M sold.

Based on aggregated 13F filings for Q3 2018.