Centene
277 hedge funds and large institutions have $3.47B invested in Centene in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 114 increasing their positions, 97 reducing their positions, and 19 closing their positions.
100% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 19
18% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 97
8% more capital invested
Capital invested by funds: $3.23B → $3.47B (+$247M)
6% more funds holding
Funds holding: 261 → 277 (+16)
12.43% less ownership
Funds ownership: 397.2% → 384.76% (-12%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
41% less call options, than puts
Call options by funds: $2.77M | Put options by funds: $4.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$68.5M |
| 2 |
Bank of New York Mellon
New York
|
+$27.1M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$20.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$18.9M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$53.4M |
| 2 |
BM
Bridger Management
New York
|
-$17.7M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$15M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$13.5M |
| 5 |
O
OppenheimerFunds
New York
|
-$13.3M |
CNC Hedge Fund Activity: Q1 2014 in Review
277 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2014, worth a combined $3.47B — up 7.7% from $3.23B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CNC positions and 19 closed out — a net gain of 19 holders — while 114 added to existing stakes and 97 trimmed.
The largest buyer was Capital World Investors, adding an estimated $68.5M. The largest seller was Capital Guardian Trust, cutting an estimated $53.4M.
- 277 institutional investors held Centene (CNC) as of Q1 2014, up from 261 in Q4 2013.
- Funds reported $3.47B of Centene stock for Q1 2014, up 7.7% quarter-over-quarter.
- 38 funds opened new Centene positions in Q1 2014 and 19 closed out, a net change of +19 holders.
- The largest Centene buyer in Q1 2014 was Capital World Investors, an estimated $68.5M added.
- The largest Centene seller in Q1 2014 was Capital Guardian Trust, an estimated $53.4M sold.
Based on aggregated 13F filings for Q1 2014.