Centene
571 hedge funds and large institutions have $12.8B invested in Centene in 2017 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 205 increasing their positions, 211 reducing their positions, and 49 closing their positions.
98% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 49
11% more capital invested
Capital invested by funds: $11.5B → $12.8B (+$1.32B)
8% more funds holding
Funds holding: 527 → 571 (+44)
3% less repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 211
1.09% less ownership
Funds ownership: 187.05% → 185.96% (-1.1%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
37% less call options, than puts
Call options by funds: $39.4M | Put options by funds: $62.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$201M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$98.4M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$94.8M |
| 4 |
Goldman Sachs
New York
|
+$59.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$58.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$164M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$162M |
| 3 |
O
OrbiMed
New York
|
-$118M |
| 4 |
FAM
Fred Alger Management
New York
|
-$63.1M |
| 5 |
BM
Bridger Management
New York
|
-$60M |
CNC Hedge Fund Activity: Q2 2017 in Review
571 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2017, worth a combined $12.8B — up 11% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new CNC positions and 49 closed out — a net gain of 48 holders — while 205 added to existing stakes and 211 trimmed.
The largest buyer was Ameriprise, adding an estimated $201M. The largest seller was BlackRock, cutting an estimated $164M.
- 571 institutional investors held Centene (CNC) as of Q2 2017, up from 527 in Q1 2017.
- Funds reported $12.8B of Centene stock for Q2 2017, up 11% quarter-over-quarter.
- 97 funds opened new Centene positions in Q2 2017 and 49 closed out, a net change of +48 holders.
- The largest Centene buyer in Q2 2017 was Ameriprise, an estimated $201M added.
- The largest Centene seller in Q2 2017 was BlackRock, an estimated $164M sold.
Based on aggregated 13F filings for Q2 2017.