Centene
757 hedge funds and large institutions have $32.3B invested in Centene in 2020 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 266 increasing their positions, 284 reducing their positions, and 85 closing their positions.
25% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 85
1% more funds holding
Funds holding: 746 → 757 (+11)
2% more capital invested
Capital invested by funds: $31.6B → $32.3B (+$680M)
0.85% less ownership
Funds ownership: 93.56% → 92.71% (-0.85%)
6% less repeat investments, than reductions
Existing positions increased: 266 | Existing positions reduced: 284
16% less call options, than puts
Call options by funds: $182M | Put options by funds: $216M
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$157M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$127M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$106M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$62.3M |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$277M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$113M |
| 3 |
Janus Henderson Group
London,
|
-$99.1M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$98.6M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$66.3M |
CNC Hedge Fund Activity: Q4 2020 in Review
757 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q4 2020, worth a combined $32.3B — up 2.2% from $31.6B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new CNC positions and 85 closed out — a net gain of 21 holders — while 266 added to existing stakes and 284 trimmed.
The largest buyer was Ameriprise, adding an estimated $157M. The largest seller was Viking Global Investors, cutting an estimated $277M.
- 757 institutional investors held Centene (CNC) as of Q4 2020, up from 746 in Q3 2020.
- Funds reported $32.3B of Centene stock for Q4 2020, up 2.2% quarter-over-quarter.
- 106 funds opened new Centene positions in Q4 2020 and 85 closed out, a net change of +21 holders.
- The largest Centene buyer in Q4 2020 was Ameriprise, an estimated $157M added.
- The largest Centene seller in Q4 2020 was Viking Global Investors, an estimated $277M sold.
Based on aggregated 13F filings for Q4 2020.