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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
CI Investments Inc
126
CI Investments Inc
Ontario, Canada
$28M -$29.1M -418,800 -52%
Arrowstreet Capital
127
Arrowstreet Capital
Massachusetts
$27.8M +$26.7M +384,400 New
Citigroup
128
Citigroup
New York
$27.4M -$14.7M -212,384 -36%
OAM
129
Origin Asset Management
United Kingdom
$27.2M -$3.69M -53,200 -12%
AssetMark Inc
130
AssetMark Inc
California
$26.5M -$1.14M -16,356 -4%
CM
131
CS McKee
Pennsylvania
$26.2M -$722K -10,400 -3%
HSBC Holdings
132
HSBC Holdings
United Kingdom
$25.8M -$860K -12,384 -3%
AIMCA
133
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$24.9M
Chevy Chase Trust
134
Chevy Chase Trust
Maryland
$24.5M -$570K -8,206 -2%
TCM
135
Tekla Capital Management
Massachusetts
$24.2M -$2.49M -35,900 -10%
BS
136
Banco Santander
Spain
$22.6M +$21.7M +312,264 New
KCM
137
Kingdon Capital Management
New York
$22.5M +$3.44M +49,588 +19%
Mitsubishi UFJ Trust & Banking
138
Mitsubishi UFJ Trust & Banking
Japan
$22.3M -$37.3M -537,266 -64%
TC
139
Tavio Capital
New York
$22.1M -$2.19M -31,512 -9%
PI
140
Putnam Investments
Massachusetts
$22M +$92.6K +1,334 +0.4%
ASRS
141
Arizona State Retirement System
Arizona
$22M +$335K +4,826 +2%
EMR
142
Errol M. Rudman
$21.6M
EVM
143
Eaton Vance Management
Massachusetts
$21.1M -$2.09M -30,116 -9%
N
144
Nuveen
North Carolina
$21.1M -$3.71M -53,500 -15%
Truist Financial
145
Truist Financial
North Carolina
$21M -$1.72M -24,788 -8%
Balyasny Asset Management
146
Balyasny Asset Management
Illinois
$20.9M -$8.27M -119,106 -29%
Nisa Investment Advisors
147
Nisa Investment Advisors
Missouri
$20.9M +$3.64M +52,476 +22%
CCMG
148
Clark Capital Management Group
Pennsylvania
$20.6M +$766K +11,040 +4%
TIP
149
Torray Investment Partners
Maryland
$20.5M -$130K -1,876 -0.7%
Toronto Dominion Bank
150
Toronto Dominion Bank
Ontario, Canada
$20.3M +$1.23M +17,672 +7%

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.