Centene
829 hedge funds and large institutions have $46.4B invested in Centene in 2022 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 326 increasing their positions, 296 reducing their positions, and 68 closing their positions.
34% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 68
10% more repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 296
2% more funds holding
Funds holding: 816 → 829 (+13)
3% more capital invested
Capital invested by funds: $45B → $46.4B (+$1.36B)
0.82% more ownership
Funds ownership: 93.8% → 94.62% (+0.82%)
9% less call options, than puts
Call options by funds: $131M | Put options by funds: $144M
17% less funds holding in top 10
Funds holding in top 10: 18 → 15 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$302M |
| 2 |
JP Morgan Chase
New York
|
+$274M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$138M |
| 4 |
Jennison Associates
New York
|
+$111M |
| 5 |
SCM
Suvretta Capital Management
New York
|
+$98.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$172M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$161M |
| 3 |
Swedbank
Stockholm,
Sweden
|
-$126M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
-$94.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$88M |
CNC Hedge Fund Activity: Q1 2022 in Review
829 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q1 2022, worth a combined $46.4B — up 3% from $45B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new CNC positions and 68 closed out — a net gain of 23 holders — while 326 added to existing stakes and 296 trimmed.
The largest buyer was Capital World Investors, adding an estimated $302M. The largest seller was Capital International Investors, cutting an estimated $172M.
- 829 institutional investors held Centene (CNC) as of Q1 2022, up from 816 in Q4 2021.
- Funds reported $46.4B of Centene stock for Q1 2022, up 3% quarter-over-quarter.
- 91 funds opened new Centene positions in Q1 2022 and 68 closed out, a net change of +23 holders.
- The largest Centene buyer in Q1 2022 was Capital World Investors, an estimated $302M added.
- The largest Centene seller in Q1 2022 was Capital International Investors, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2022.