Cencora
740 hedge funds and large institutions have $13.4B invested in Cencora in 2020 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 235 increasing their positions, 280 reducing their positions, and 65 closing their positions.
71% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 65
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
14% more capital invested
Capital invested by funds: $11.8B → $13.4B (+$1.62B)
6% more funds holding
Funds holding: 695 → 740 (+45)
0.1% more ownership
Funds ownership: 65.5% → 65.61% (+0.1%)
16% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 280
40% less call options, than puts
Call options by funds: $132M | Put options by funds: $220M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$159M |
| 2 |
JP Morgan Chase
New York
|
+$146M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$83M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$64.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$47.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$193M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$137M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$125M |
| 4 |
Holocene Advisors
New York
|
-$110M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$104M |
COR Hedge Fund Activity: Q2 2020 in Review
740 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q2 2020, worth a combined $13.4B — up 14% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new COR positions and 65 closed out — a net gain of 46 holders — while 235 added to existing stakes and 280 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $159M. The largest seller was Victory Capital Management, cutting an estimated $193M.
- 740 institutional investors held Cencora (COR) as of Q2 2020, up from 695 in Q1 2020.
- Funds reported $13.4B of Cencora stock for Q2 2020, up 14% quarter-over-quarter.
- 111 funds opened new Cencora positions in Q2 2020 and 65 closed out, a net change of +46 holders.
- The largest Cencora buyer in Q2 2020 was Capital International Investors, an estimated $159M added.
- The largest Cencora seller in Q2 2020 was Victory Capital Management, an estimated $193M sold.
Based on aggregated 13F filings for Q2 2020.