Centene
717 hedge funds and large institutions have $27.8B invested in Centene in 2019 Q4 according to their latest regulatory filings, with 134 funds opening new positions, 237 increasing their positions, 268 reducing their positions, and 85 closing their positions.
58% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 85
57% more capital invested
Capital invested by funds: $17.6B → $27.8B (+$10.1B)
7.24% more ownership
Funds ownership: 99.21% → 106.45% (+7.2%)
5% more funds holding
Funds holding: 684 → 717 (+33)
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
7% more call options, than puts
Call options by funds: $333M | Put options by funds: $312M
12% less repeat investments, than reductions
Existing positions increased: 237 | Existing positions reduced: 268
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$458M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$387M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$256M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$240M |
| 5 |
LAM
Lyrical Asset Management
New York
|
+$229M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$221M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$78.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$74.8M |
| 4 |
Renaissance Technologies
New York
|
-$68.3M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$64.3M |
CNC Hedge Fund Activity: Q4 2019 in Review
717 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2019, worth a combined $27.8B — up 57% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new CNC positions and 85 closed out — a net gain of 49 holders — while 237 added to existing stakes and 268 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $458M. The largest seller was Maverick Capital, cutting an estimated $221M.
- 717 institutional investors held Centene (CNC) as of Q4 2019, up from 684 in Q3 2019.
- Funds reported $27.8B of Centene stock for Q4 2019, up 57% quarter-over-quarter.
- 134 funds opened new Centene positions in Q4 2019 and 85 closed out, a net change of +49 holders.
- The largest Centene buyer in Q4 2019 was T. Rowe Price Associates, an estimated $458M added.
- The largest Centene seller in Q4 2019 was Maverick Capital, an estimated $221M sold.
Based on aggregated 13F filings for Q4 2019.