Cencora
693 hedge funds and large institutions have $12.3B invested in Cencora in 2017 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 242 increasing their positions, 285 reducing their positions, and 71 closing their positions.
0.62% less ownership
Funds ownership: 68.84% → 68.22% (-0.62%)
3% less funds holding
Funds holding: 712 → 693 (-19)
13% less capital invested
Capital invested by funds: $14.2B → $12.3B (-$1.84B)
15% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 285
17% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 71
24% less call options, than puts
Call options by funds: $58.7M | Put options by funds: $77.6M
62% less funds holding in top 10
Funds holding in top 10: 13 → 5 (-8)
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$236M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$87.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$77.6M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$47M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$45.6M |
Top Sellers
| 1 |
HCM
Hitchwood Capital Management
New York
|
-$189M |
| 2 |
BlackRock
New York
|
-$47.2M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$45.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$44.7M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$43.5M |
COR Hedge Fund Activity: Q3 2017 in Review
693 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q3 2017, worth a combined $12.3B — down 13% from $14.2B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of COR and 59 opened new positions — a net loss of 12 holders — while 285 trimmed existing stakes and 242 added.
The largest buyer was JP Morgan Chase, adding an estimated $236M. The largest seller was Hitchwood Capital Management, exiting entirely with an estimated $189M sold.
- 693 institutional investors held Cencora (COR) as of Q3 2017, down from 712 in Q2 2017.
- Funds reported $12.3B of Cencora stock for Q3 2017, down 13% quarter-over-quarter.
- 59 funds opened new Cencora positions in Q3 2017 and 71 closed out, a net change of -12 holders.
- The largest Cencora buyer in Q3 2017 was JP Morgan Chase, an estimated $236M added.
- The largest Cencora seller in Q3 2017 was Hitchwood Capital Management, an estimated $189M sold.
Based on aggregated 13F filings for Q3 2017.