Centene
875 hedge funds and large institutions have $26B invested in Centene in 2025 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 357 increasing their positions, 300 reducing their positions, and 124 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 357 | Existing positions reduced: 300
1.5% less ownership
Funds ownership: 98.01% → 96.51% (-1.5%)
3% less funds holding
Funds holding: 904 → 875 (-29)
13% less first-time investments, than exits
New positions opened: 108 | Existing positions closed: 124
15% less capital inflows, than outflows
Capital inflows: $1.86B | Capital outflows: $2.2B
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
47% less call options, than puts
Call options by funds: $130M | Put options by funds: $247M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$166M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$89.6M |
| 3 |
Squarepoint
New York
|
+$70.4M |
| 4 |
WorldQuant Millennium Advisors
New York
|
+$70.3M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$58.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
8KM
8 Knots Management
Dallas,
Texas
|
-$185M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$161M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$155M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$140M |
| 5 |
Carmignac Gestion
Paris,
France
|
-$138M |
CNC Hedge Fund Activity: Q2 2025 in Review
875 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in Centene (CNC) for Q2 2025, worth a combined $26B — down 12% from $29.5B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of CNC and 108 opened new positions — a net loss of 16 holders — while 300 trimmed existing stakes and 357 added.
The largest buyer was Capital World Investors, adding an estimated $166M. The largest seller was 8 Knots Management, exiting entirely with an estimated $185M sold.
- 875 institutional investors held Centene (CNC) as of Q2 2025, down from 904 in Q1 2025.
- Funds reported $26B of Centene stock for Q2 2025, down 12% quarter-over-quarter.
- 108 funds opened new Centene positions in Q2 2025 and 124 closed out, a net change of -16 holders.
- The largest Centene buyer in Q2 2025 was Capital World Investors, an estimated $166M added.
- The largest Centene seller in Q2 2025 was 8 Knots Management, an estimated $185M sold.
Based on aggregated 13F filings for Q2 2025.