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523 hedge funds and large institutions have $11.4B invested in Centene in 2016 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 180 increasing their positions, 208 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more funds holding in top 10

Funds holding in top 10: 1422 (+8)

26% more call options, than puts

Call options by funds: $31.5M | Put options by funds: $24.9M

18% more capital invested

Capital invested by funds: $9.72B → $11.4B (+$1.71B)

6% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 87

2.53% less ownership

Funds ownership: 190.49%187.96% (-2.5%)

3% less funds holding

Funds holding: 537523 (-14)

13% less repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 208

Holders
523
Holders Change
-14
Holders Change %
-2.61%
% of All Funds
13.95%
Holding in Top 10
22
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+57.14%
% of All Funds
0.59%
New
82
Increased
180
Reduced
208
Closed
87
Calls
$31.5M
Puts
$24.9M
Net Calls
+$6.61M
Net Calls Change
-$55.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.05B -$72.7M -2,314,174 -7%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$823M +$236M +7,516,428 +48%
Capital World Investors
3
Capital World Investors
California
$531M
State Street
4
State Street
Massachusetts
$481M -$25.9M -825,668 -6%
BIT
5
BlackRock Institutional Trust
California
$310M -$12M -383,604 -4%
William Blair Investment Management
6
William Blair Investment Management
Illinois
$299M +$4.93M +156,962 +2%
Winslow Capital Management
7
Winslow Capital Management
Minnesota
$294M +$259M +8,233,520 New
Jennison Associates
8
Jennison Associates
New York
$272M +$2.74M +87,350 +1%
Wells Fargo
9
Wells Fargo
California
$236M +$85.7M +2,730,268 +71%
SAM
10
Southernsun Asset Management
Tennessee
$234M -$3.89M -123,852 -2%
Bank of America
11
Bank of America
North Carolina
$232M +$4.75M +151,362 +2%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$228M -$7.11M -226,496 -3%
BFA
13
BlackRock Fund Advisors
California
$224M +$2.71M +86,230 +1%
Goldman Sachs
14
Goldman Sachs
New York
$200M +$28.2M +896,790 +19%
JP Morgan Chase
15
JP Morgan Chase
New York
$186M -$19.4M -618,912 -11%
EAM
16
Eagle Asset Management
Florida
$152M -$34.9M -1,110,460 -21%
BA
17
BlackRock Advisors
Delaware
$148M +$50.8M +1,617,372 +64%
EARNEST Partners
18
EARNEST Partners
Georgia
$135M -$2.71M -86,212 -2%
BG
19
BlackRock Group
United Kingdom
$134M +$38.5M +1,224,474 +48%
Northern Trust
20
Northern Trust
Illinois
$133M -$1.03M -32,708 -0.9%
O
21
OppenheimerFunds
New York
$132M -$10.1M -320,312 -8%
Victory Capital Management
22
Victory Capital Management
Texas
$130M +$46.6M +1,482,866 +69%
Deutsche Bank
23
Deutsche Bank
Germany
$129M -$1.47M -46,770 -1%
TCIM
24
TIAA CREF Investment Management
New York
$125M -$2.63M -83,836 -2%
1832 Asset Management
25
1832 Asset Management
Ontario, Canada
$115M +$65.8M +2,094,722 +187%

CNC Hedge Fund Activity: Q2 2016 in Review

523 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2016, worth a combined $11.4B — up 18% from $9.72B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of CNC and 82 opened new positions — a net loss of 5 holders — while 208 trimmed existing stakes and 180 added.

The largest buyer was Winslow Capital Management, opening a new position worth an estimated $259M. The largest seller was Acadian Asset Management, cutting an estimated $137M.

  • 523 institutional investors held Centene (CNC) as of Q2 2016, down from 537 in Q1 2016.
  • Funds reported $11.4B of Centene stock for Q2 2016, up 18% quarter-over-quarter.
  • 82 funds opened new Centene positions in Q2 2016 and 87 closed out, a net change of -5 holders.
  • The largest Centene buyer in Q2 2016 was Winslow Capital Management, an estimated $259M added.
  • The largest Centene seller in Q2 2016 was Acadian Asset Management, an estimated $137M sold.

Based on aggregated 13F filings for Q2 2016.