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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
HAI
201
Hennessy Advisors Inc
California
$9.25M -$292K -4,200 -3%
OPERF
202
Oregon Public Employees Retirement Fund
Oregon
$9.18M +$58.2K +838 +0.7%
BCIM
203
British Columbia Investment Management
British Columbia, Canada
$9.15M -$3.08M -44,406 -26%
ERSOT
204
Employees Retirement System of Texas
Texas
$9.08M -$11.4M -164,600 -57%
SOMRS
205
State of Michigan Retirement System
Michigan
$8.85M +$55.5K +800 +0.7%
RCM
206
Riverhead Capital Management
Delaware
$8.76M +$377K +5,426 +5%
N
207
Natixis
France
$8.73M -$17.9M -257,352 -68%
WBC
208
Westpac Banking Corp
Australia
$8.7M -$979K -14,100 -11%
MIM
209
MetLife Investment Management
New Jersey
$8.64M -$96.2K -1,386 -1%
MIP
210
Marietta Investment Partners
Wisconsin
$8.61M +$6.11M +88,058 +285%
LPL Financial
211
LPL Financial
California
$8.48M +$1.09M +15,704 +15%
CWM
212
CIBC World Markets
New York
$8.22M -$25M -360,290 -76%
TW
213
Transform Wealth
Colorado
$8.18M -$1.19M -17,138 -13%
JMPWA
214
JP Morgan Private Wealth Advisors
California
$8.15M +$7.82M +112,614 New
SSA
215
Schonfeld Strategic Advisors
New York
$8.14M +$2.65M +38,200 +51%
Comerica Bank
216
Comerica Bank
Texas
$8.08M -$2.42M -34,804 -22%
Stifel Financial
217
Stifel Financial
Missouri
$7.96M -$1.2M -17,302 -14%
FAF
218
Fjarde Ap-fonden
Sweden
$7.95M -$278K -4,000 -4%
SIA
219
Sit Investment Associates
Minnesota
$7.75M
AC
220
Axon Capital
New York
$7.66M -$4.93M -71,000 -40%
KCM
221
Kennedy Capital Management
Missouri
$7.63M -$169K -2,432 -2%
GAM
222
Gotham Asset Management
New York
$7.46M +$6.58M +94,770 +1,145%
Man Group
223
Man Group
United Kingdom
$7.4M -$20.3M -292,414 -74%
Caisse de Depot et Placement du Quebec (CDPQ)
224
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.36M -$3.79M -54,600 -35%
KC
225
Kepos Capital
New York
$7.27M +$18.9K +272 +0.3%

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.