Centene
CNC
284 hedge funds and large institutions have $4.19B invested in Centene in 2014 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 111 increasing their positions, 109 reducing their positions, and 35 closing their positions.
21% more capital invested
Capital invested by funds: $3.45B → $4.19B (+$738M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
20% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 35
19% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $13M
2% more funds holding
Funds holding: 278 → 284 (+6)
2% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 109
0.67% less ownership
Funds ownership: 384.76% → 384.09% (-0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$48.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$35.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$35.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$34M |
| 5 |
O
OppenheimerFunds
New York
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$72.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.1M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$45.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$22.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$21.1M |
CNC Hedge Fund Activity: Q2 2014 in Review
284 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2014, worth a combined $4.19B — up 21% from $3.45B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CNC positions and 35 closed out — a net gain of 7 holders — while 111 added to existing stakes and 109 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $48.7M. The largest seller was BlackRock Fund Advisors, cutting an estimated $72.4M.
- 284 institutional investors held Centene (CNC) as of Q2 2014, up from 278 in Q1 2014.
- Funds reported $4.19B of Centene stock for Q2 2014, up 21% quarter-over-quarter.
- 42 funds opened new Centene positions in Q2 2014 and 35 closed out, a net change of +7 holders.
- The largest Centene buyer in Q2 2014 was Viking Global Investors, an estimated $48.7M added.
- The largest Centene seller in Q2 2014 was BlackRock Fund Advisors, an estimated $72.4M sold.
Based on aggregated 13F filings for Q2 2014.