Centene
780 hedge funds and large institutions have $34.3B invested in Centene in 2021 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 309 increasing their positions, 265 reducing their positions, and 64 closing their positions.
44% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 64
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
17% more repeat investments, than reductions
Existing positions increased: 309 | Existing positions reduced: 265
6% more capital invested
Capital invested by funds: $32.3B → $34.3B (+$2.03B)
3% more funds holding
Funds holding: 755 → 780 (+25)
1% more call options, than puts
Call options by funds: $186M | Put options by funds: $185M
0.26% less ownership
Funds ownership: 92.65% → 92.38% (-0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$209M |
| 2 |
BlackRock
New York
|
+$174M |
| 3 |
Goldman Sachs
New York
|
+$158M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
+$147M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$719M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$152M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$137M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
-$131M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$131M |
CNC Hedge Fund Activity: Q1 2021 in Review
780 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2021, worth a combined $34.3B — up 6.3% from $32.3B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new CNC positions and 64 closed out — a net gain of 28 holders — while 309 added to existing stakes and 265 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $209M. The largest seller was T. Rowe Price Associates, cutting an estimated $719M.
- 780 institutional investors held Centene (CNC) as of Q1 2021, up from 755 in Q4 2020.
- Funds reported $34.3B of Centene stock for Q1 2021, up 6.3% quarter-over-quarter.
- 92 funds opened new Centene positions in Q1 2021 and 64 closed out, a net change of +28 holders.
- The largest Centene buyer in Q1 2021 was JP Morgan Chase, an estimated $209M added.
- The largest Centene seller in Q1 2021 was T. Rowe Price Associates, an estimated $719M sold.
Based on aggregated 13F filings for Q1 2021.