Centene
524 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, 181 increasing their positions, 207 reducing their positions, and 87 closing their positions.
57% more funds holding in top 10
Funds holding in top 10: 14 → 22 (+8)
26% more call options, than puts
Call options by funds: $31.5M | Put options by funds: $24.9M
16% more capital invested
Capital invested by funds: $9.85B → $11.4B (+$1.58B)
0.56% less ownership
Funds ownership: 188.52% → 187.95% (-0.56%)
6% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 87
3% less funds holding
Funds holding: 538 → 524 (-14)
13% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 207
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$259M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$236M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$85.7M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$65.8M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$63.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$137M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$123M |
| 3 |
VAM
Visium Asset Management
New York
|
-$104M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$72.7M |
| 5 |
Renaissance Technologies
New York
|
-$48.6M |
CNC Hedge Fund Activity: Q2 2016 in Review
524 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2016, worth a combined $11.4B — up 16% from $9.85B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of CNC and 82 opened new positions — a net loss of 5 holders — while 207 trimmed existing stakes and 181 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.
- 524 institutional investors held Centene (CNC) as of Q2 2016, down from 538 in Q1 2016.
- Funds reported $11.4B of Centene stock for Q2 2016, up 16% 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.