Cencora
682 hedge funds and large institutions have $12.7B invested in Cencora in 2016 Q2 according to their latest regulatory filings, with 99 funds opening new positions, 210 increasing their positions, 294 reducing their positions, and 95 closing their positions.
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
4% more call options, than puts
Call options by funds: $108M | Put options by funds: $103M
4% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 95
1% less funds holding
Funds holding: 689 → 682 (-7)
4.93% less ownership
Funds ownership: 79.42% → 74.49% (-4.9%)
14% less capital invested
Capital invested by funds: $14.8B → $12.7B (-$2.15B)
29% less repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 294
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$183M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$114M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$104M |
| 4 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$99.8M |
| 5 |
ClearBridge Investments
New York
|
+$82.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$491M |
| 2 |
Royal London Asset Management
United Kingdom
|
-$368M |
| 3 |
JP Morgan Chase
New York
|
-$302M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$200M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$144M |
COR Hedge Fund Activity: Q2 2016 in Review
682 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q2 2016, worth a combined $12.7B — down 14% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new COR positions and 95 closed out — a net gain of 4 holders — while 210 added to existing stakes and 294 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $183M. The largest seller was Morgan Stanley, cutting an estimated $491M.
- 682 institutional investors held Cencora (COR) as of Q2 2016, down from 689 in Q1 2016.
- Funds reported $12.7B of Cencora stock for Q2 2016, down 14% quarter-over-quarter.
- 99 funds opened new Cencora positions in Q2 2016 and 95 closed out, a net change of +4 holders.
- The largest Cencora buyer in Q2 2016 was Citadel Advisors, an estimated $183M added.
- The largest Cencora seller in Q2 2016 was Morgan Stanley, an estimated $491M sold.
Based on aggregated 13F filings for Q2 2016.