Cencora
COR
730 hedge funds and large institutions have $13.5B invested in Cencora in 2017 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 232 increasing their positions, 289 reducing their positions, and 73 closing their positions.
56% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 73
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
10% more capital invested
Capital invested by funds: $12.3B → $13.5B (+$1.22B)
5% more funds holding
Funds holding: 693 → 730 (+37)
0.32% less ownership
Funds ownership: 68.22% → 67.9% (-0.32%)
20% less repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 289
34% less call options, than puts
Call options by funds: $81.3M | Put options by funds: $124M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$160M |
| 2 |
JP Morgan Chase
New York
|
+$151M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$150M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$142M |
| 5 |
BG
Baupost Group
Boston,
Massachusetts
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$469M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$80.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$70.6M |
| 4 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$54.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$50.7M |
COR Hedge Fund Activity: Q4 2017 in Review
730 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q4 2017, worth a combined $13.5B — up 9.9% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new COR positions and 73 closed out — a net gain of 41 holders — while 232 added to existing stakes and 289 trimmed.
The largest buyer was Ameriprise, adding an estimated $160M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $469M sold.
- 730 institutional investors held Cencora (COR) as of Q4 2017, up from 693 in Q3 2017.
- Funds reported $13.5B of Cencora stock for Q4 2017, up 9.9% quarter-over-quarter.
- 114 funds opened new Cencora positions in Q4 2017 and 73 closed out, a net change of +41 holders.
- The largest Cencora buyer in Q4 2017 was Ameriprise, an estimated $160M added.
- The largest Cencora seller in Q4 2017 was Fiduciary Management Inc, an estimated $469M sold.
Based on aggregated 13F filings for Q4 2017.