Centene
457 hedge funds and large institutions have $6.46B invested in Centene in 2015 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 182 increasing their positions, 146 reducing their positions, and 52 closing their positions.
65% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 52
25% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 146
13.37% more ownership
Funds ownership: 187.73% → 201.1% (+13%)
8% more funds holding
Funds holding: 425 → 457 (+32)
28% less capital invested
Capital invested by funds: $8.95B → $6.46B (-$2.49B)
41% less call options, than puts
Call options by funds: $25.5M | Put options by funds: $43.6M
57% less funds holding in top 10
Funds holding in top 10: 14 → 6 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$84.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$65.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$57.4M |
| 4 |
Renaissance Technologies
New York
|
+$55.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$54.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$126M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$85.9M |
| 3 |
O
OppenheimerFunds
New York
|
-$43.8M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$37.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$28.1M |
CNC Hedge Fund Activity: Q3 2015 in Review
457 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2015, worth a combined $6.46B — down 28% from $8.95B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CNC positions and 52 closed out — a net gain of 34 holders — while 182 added to existing stakes and 146 trimmed.
The largest buyer was Bank of America, adding an estimated $84.4M. The largest seller was Frontier Capital Management, exiting entirely with an estimated $126M sold.
- 457 institutional investors held Centene (CNC) as of Q3 2015, up from 425 in Q2 2015.
- Funds reported $6.46B of Centene stock for Q3 2015, down 28% quarter-over-quarter.
- 86 funds opened new Centene positions in Q3 2015 and 52 closed out, a net change of +34 holders.
- The largest Centene buyer in Q3 2015 was Bank of America, an estimated $84.4M added.
- The largest Centene seller in Q3 2015 was Frontier Capital Management, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2015.