Centene
746 hedge funds and large institutions have $31.6B invested in Centene in 2020 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 254 increasing their positions, 308 reducing their positions, and 102 closing their positions.
11% more call options, than puts
Call options by funds: $325M | Put options by funds: $294M
0.23% less ownership
Funds ownership: 93.85% → 93.62% (-0.23%)
4% less funds holding
Funds holding: 777 → 746 (-31)
9% less capital invested
Capital invested by funds: $34.5B → $31.6B (-$2.98B)
18% less repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 308
26% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 102
45% less funds holding in top 10
Funds holding in top 10: 29 → 16 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$612M |
| 2 |
LAM
Lyrical Asset Management
New York
|
+$175M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$170M |
| 4 |
Swedbank
Stockholm,
Sweden
|
+$107M |
| 5 |
JP Morgan Chase
New York
|
+$97.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$465M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$191M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$134M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$105M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$90.8M |
CNC Hedge Fund Activity: Q3 2020 in Review
746 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2020, worth a combined $31.6B — down 8.6% from $34.5B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of CNC and 75 opened new positions — a net loss of 27 holders — while 308 trimmed existing stakes and 254 added.
The largest buyer was Capital International Investors, adding an estimated $612M. The largest seller was T. Rowe Price Associates, cutting an estimated $465M.
- 746 institutional investors held Centene (CNC) as of Q3 2020, down from 777 in Q2 2020.
- Funds reported $31.6B of Centene stock for Q3 2020, down 8.6% quarter-over-quarter.
- 75 funds opened new Centene positions in Q3 2020 and 102 closed out, a net change of -27 holders.
- The largest Centene buyer in Q3 2020 was Capital International Investors, an estimated $612M added.
- The largest Centene seller in Q3 2020 was T. Rowe Price Associates, an estimated $465M sold.
Based on aggregated 13F filings for Q3 2020.