Centene
760 hedge funds and large institutions have $40B invested in Centene in 2021 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 289 increasing their positions, 282 reducing their positions, and 92 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
17% more capital invested
Capital invested by funds: $34.3B → $40B (+$5.67B)
1.86% more ownership
Funds ownership: 92.38% → 94.25% (+1.9%)
2% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 282
3% less funds holding
Funds holding: 780 → 760 (-20)
15% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 92
27% less call options, than puts
Call options by funds: $219M | Put options by funds: $300M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$623M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$322M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$237M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$234M |
| 5 |
JP Morgan Chase
New York
|
+$149M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$322M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$241M |
| 3 |
BlackRock
New York
|
-$168M |
| 4 |
Goldman Sachs
New York
|
-$163M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$152M |
CNC Hedge Fund Activity: Q2 2021 in Review
760 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2021, worth a combined $40B — up 17% from $34.3B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of CNC and 78 opened new positions — a net loss of 14 holders — while 282 trimmed existing stakes and 289 added.
The largest buyer was Capital World Investors, adding an estimated $623M. The largest seller was Capital International Investors, cutting an estimated $322M.
- 760 institutional investors held Centene (CNC) as of Q2 2021, down from 780 in Q1 2021.
- Funds reported $40B of Centene stock for Q2 2021, up 17% quarter-over-quarter.
- 78 funds opened new Centene positions in Q2 2021 and 92 closed out, a net change of -14 holders.
- The largest Centene buyer in Q2 2021 was Capital World Investors, an estimated $623M added.
- The largest Centene seller in Q2 2021 was Capital International Investors, an estimated $322M sold.
Based on aggregated 13F filings for Q2 2021.