Centene
CNC
897 hedge funds and large institutions have $34.6B invested in Centene in 2024 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 329 increasing their positions, 358 reducing their positions, and 107 closing their positions.
36% more call options, than puts
Call options by funds: $198M | Put options by funds: $146M
0.65% more ownership
Funds ownership: 97.12% → 97.77% (+0.65%)
8% less repeat investments, than reductions
Existing positions increased: 329 | Existing positions reduced: 358
4% less funds holding
Funds holding: 931 → 897 (-34)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
15% less capital invested
Capital invested by funds: $40.7B → $34.6B (-$6.12B)
19% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$575M |
| 2 |
BlackRock
New York
|
+$375M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$234M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$163M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$356M |
| 2 |
JP Morgan Chase
New York
|
-$274M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$202M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$133M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$110M |
CNC Hedge Fund Activity: Q2 2024 in Review
897 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2024, worth a combined $34.6B — down 15% from $40.7B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of CNC and 87 opened new positions — a net loss of 20 holders — while 358 trimmed existing stakes and 329 added.
The largest buyer was Harris Associates, adding an estimated $575M. The largest seller was Fidelity Investments, cutting an estimated $356M.
- 897 institutional investors held Centene (CNC) as of Q2 2024, down from 931 in Q1 2024.
- Funds reported $34.6B of Centene stock for Q2 2024, down 15% quarter-over-quarter.
- 87 funds opened new Centene positions in Q2 2024 and 107 closed out, a net change of -20 holders.
- The largest Centene buyer in Q2 2024 was Harris Associates, an estimated $575M added.
- The largest Centene seller in Q2 2024 was Fidelity Investments, an estimated $356M sold.
Based on aggregated 13F filings for Q2 2024.