Centene
685 hedge funds and large institutions have $17.8B invested in Centene in 2019 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 248 increasing their positions, 277 reducing their positions, and 110 closing their positions.
0.93% more ownership
Funds ownership: 98.28% → 99.21% (+0.93%)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
5% less funds holding
Funds holding: 718 → 685 (-33)
10% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 277
16% less capital invested
Capital invested by funds: $21.3B → $17.8B (-$3.47B)
25% less call options, than puts
Call options by funds: $278M | Put options by funds: $372M
27% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$429M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$351M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$167M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
+$138M |
| 5 |
Renaissance Technologies
New York
|
+$90.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$98.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$84.5M |
| 3 |
PC
PointState Capital
New York
|
-$81.3M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$80.1M |
| 5 |
CM
Corvex Management
New York
|
-$73.1M |
CNC Hedge Fund Activity: Q3 2019 in Review
685 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q3 2019, worth a combined $17.8B — down 16% from $21.3B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of CNC and 80 opened new positions — a net loss of 30 holders — while 277 trimmed existing stakes and 248 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $429M. The largest seller was BlackRock, cutting an estimated $98.2M.
- 685 institutional investors held Centene (CNC) as of Q3 2019, down from 718 in Q2 2019.
- Funds reported $17.8B of Centene stock for Q3 2019, down 16% quarter-over-quarter.
- 80 funds opened new Centene positions in Q3 2019 and 110 closed out, a net change of -30 holders.
- The largest Centene buyer in Q3 2019 was Capital Research Global Investors, an estimated $429M added.
- The largest Centene seller in Q3 2019 was BlackRock, an estimated $98.2M sold.
Based on aggregated 13F filings for Q3 2019.