Centene
527 hedge funds and large institutions have $11.5B invested in Centene in 2017 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 207 increasing their positions, 182 reducing their positions, and 52 closing their positions.
65% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 52
30% more capital invested
Capital invested by funds: $8.81B → $11.5B (+$2.67B)
14% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 182
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
4.64% more ownership
Funds ownership: 182.41% → 187.05% (+4.6%)
5% more funds holding
Funds holding: 504 → 527 (+23)
49% less call options, than puts
Call options by funds: $29.4M | Put options by funds: $57.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.01B |
| 2 |
O
OrbiMed
New York
|
+$111M |
| 3 |
O
OppenheimerFunds
New York
|
+$88M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$86.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$72.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$151M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$91.2M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$79.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$58.1M |
| 5 |
JP Morgan Chase
New York
|
-$53M |
CNC Hedge Fund Activity: Q1 2017 in Review
527 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2017, worth a combined $11.5B — up 30% from $8.81B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CNC positions and 52 closed out — a net gain of 34 holders — while 207 added to existing stakes and 182 trimmed.
The largest buyer was BlackRock, adding an estimated $1.01B. The largest seller was 1832 Asset Management, cutting an estimated $151M.
- 527 institutional investors held Centene (CNC) as of Q1 2017, up from 504 in Q4 2016.
- Funds reported $11.5B of Centene stock for Q1 2017, up 30% quarter-over-quarter.
- 86 funds opened new Centene positions in Q1 2017 and 52 closed out, a net change of +34 holders.
- The largest Centene buyer in Q1 2017 was BlackRock, an estimated $1.01B added.
- The largest Centene seller in Q1 2017 was 1832 Asset Management, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2017.