Centene
CNC
229 hedge funds and large institutions have $3.54B invested in Centene in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 89 increasing their positions, 81 reducing their positions, and 17 closing their positions.
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
26% more capital invested
Capital invested by funds: $2.82B → $3.54B (+$721M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more call options, than puts
Call options by funds: $9.6M | Put options by funds: $8.38M
10.8% more ownership
Funds ownership: 394.62% → 405.43% (+11%)
7% more funds holding
Funds holding: 215 → 229 (+14)
10% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$80.6M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$21.7M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$19.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.4M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$28.8M |
| 2 |
FAM
Fred Alger Management
New York
|
-$18.6M |
| 3 |
DCM
Daruma Capital Management
New York
|
-$16.2M |
| 4 |
Two Sigma Investments
New York
|
-$14.2M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$13.5M |
CNC Hedge Fund Activity: Q3 2013 in Review
229 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2013, worth a combined $3.54B — up 26% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CNC positions and 17 closed out — a net gain of 16 holders — while 89 added to existing stakes and 81 trimmed.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $80.6M. The largest seller was Renaissance Technologies, cutting an estimated $28.8M.
- 229 institutional investors held Centene (CNC) as of Q3 2013, up from 215 in Q2 2013.
- Funds reported $3.54B of Centene stock for Q3 2013, up 26% quarter-over-quarter.
- 33 funds opened new Centene positions in Q3 2013 and 17 closed out, a net change of +16 holders.
- The largest Centene buyer in Q3 2013 was OppenheimerFunds, an estimated $80.6M added.
- The largest Centene seller in Q3 2013 was Renaissance Technologies, an estimated $28.8M sold.
Based on aggregated 13F filings for Q3 2013.