Cencora
689 hedge funds and large institutions have $14.8B invested in Cencora in 2016 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 227 increasing their positions, 306 reducing their positions, and 80 closing their positions.
3% less funds holding
Funds holding: 709 → 689 (-20)
6.69% less ownership
Funds ownership: 86.11% → 79.42% (-6.7%)
13% less call options, than puts
Call options by funds: $84.7M | Put options by funds: $97.1M
19% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 80
25% less capital invested
Capital invested by funds: $19.8B → $14.8B (-$4.95B)
26% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 306
63% less funds holding in top 10
Funds holding in top 10: 19 → 7 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$816M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$406M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
+$330M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$62.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$308M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$170M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$118M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$108M |
| 5 |
Goldman Sachs
New York
|
-$81.7M |
COR Hedge Fund Activity: Q1 2016 in Review
689 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q1 2016, worth a combined $14.8B — down 25% from $19.8B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of COR and 65 opened new positions — a net loss of 15 holders — while 306 trimmed existing stakes and 227 added.
The largest buyer was Morgan Stanley, adding an estimated $816M. The largest seller was Fidelity Investments, cutting an estimated $308M.
- 689 institutional investors held Cencora (COR) as of Q1 2016, down from 709 in Q4 2015.
- Funds reported $14.8B of Cencora stock for Q1 2016, down 25% quarter-over-quarter.
- 65 funds opened new Cencora positions in Q1 2016 and 80 closed out, a net change of -15 holders.
- The largest Cencora buyer in Q1 2016 was Morgan Stanley, an estimated $816M added.
- The largest Cencora seller in Q1 2016 was Fidelity Investments, an estimated $308M sold.
Based on aggregated 13F filings for Q1 2016.