Cencora
580 hedge funds and large institutions have $12.5B invested in Cencora in 2014 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 183 increasing their positions, 249 reducing their positions, and 54 closing their positions.
17% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 54
1% more funds holding
Funds holding: 577 → 580 (+3)
7% less call options, than puts
Call options by funds: $24.6M | Put options by funds: $26.4M
1.92% less ownership
Funds ownership: 85.25% → 83.33% (-1.9%)
10% less capital invested
Capital invested by funds: $13.8B → $12.5B (-$1.36B)
27% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 249
48% less funds holding in top 10
Funds holding in top 10: 21 → 11 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$166M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$79.6M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$70M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$68M |
| 5 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
+$56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$124M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$112M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$105M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$93.9M |
| 5 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
-$82.5M |
COR Hedge Fund Activity: Q1 2014 in Review
580 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q1 2014, worth a combined $12.5B — down 9.8% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new COR positions and 54 closed out — a net gain of 9 holders — while 183 added to existing stakes and 249 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $166M. The largest seller was Ameriprise, cutting an estimated $124M.
- 580 institutional investors held Cencora (COR) as of Q1 2014, up from 577 in Q4 2013.
- Funds reported $12.5B of Cencora stock for Q1 2014, down 9.8% quarter-over-quarter.
- 63 funds opened new Cencora positions in Q1 2014 and 54 closed out, a net change of +9 holders.
- The largest Cencora buyer in Q1 2014 was Morgan Stanley, an estimated $166M added.
- The largest Cencora seller in Q1 2014 was Ameriprise, an estimated $124M sold.
Based on aggregated 13F filings for Q1 2014.