Cencora
585 hedge funds and large institutions have $14B invested in Cencora in 2014 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 171 increasing their positions, 233 reducing their positions, and 67 closing their positions.
13% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 67
13% more capital invested
Capital invested by funds: $12.5B → $14B (+$1.57B)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
2.11% more ownership
Funds ownership: 83.33% → 85.43% (+2.1%)
1% more funds holding
Funds holding: 580 → 585 (+5)
15% less call options, than puts
Call options by funds: $31.6M | Put options by funds: $37M
27% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 233
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$250M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$177M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$120M |
| 4 |
HCM
Hoplite Capital Management
New York
|
+$102M |
| 5 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$80.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$76.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$68.1M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$58.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$48.2M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$47.3M |
COR Hedge Fund Activity: Q2 2014 in Review
585 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q2 2014, worth a combined $14B — up 13% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new COR positions and 67 closed out — a net gain of 9 holders — while 171 added to existing stakes and 233 trimmed.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $250M. The largest seller was Morgan Stanley, cutting an estimated $76.6M.
- 585 institutional investors held Cencora (COR) as of Q2 2014, up from 580 in Q1 2014.
- Funds reported $14B of Cencora stock for Q2 2014, up 13% quarter-over-quarter.
- 76 funds opened new Cencora positions in Q2 2014 and 67 closed out, a net change of +9 holders.
- The largest Cencora buyer in Q2 2014 was Epoch Investment Partners, an estimated $250M added.
- The largest Cencora seller in Q2 2014 was Morgan Stanley, an estimated $76.6M sold.
Based on aggregated 13F filings for Q2 2014.