Cencora
706 hedge funds and large institutions have $10.4B invested in Cencora in 2018 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 176 increasing their positions, 318 reducing their positions, and 90 closing their positions.
16% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 90
1% more funds holding
Funds holding: 698 → 706 (+8)
1.01% more ownership
Funds ownership: 65.36% → 66.37% (+1%)
3% less call options, than puts
Call options by funds: $43.3M | Put options by funds: $44.8M
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
20% less capital invested
Capital invested by funds: $13B → $10.4B (-$2.59B)
45% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 318
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$213M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$166M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$62.7M |
| 4 |
Millennium Management
New York
|
+$54M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$45.4M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$122M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$89.7M |
| 3 |
GCM
Glenview Capital Management
New York
|
-$64.4M |
| 4 |
BG
Baupost Group
Boston,
Massachusetts
|
-$63.5M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$61.6M |
COR Hedge Fund Activity: Q4 2018 in Review
706 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q4 2018, worth a combined $10.4B — down 20% from $13B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new COR positions and 90 closed out — a net gain of 14 holders — while 176 added to existing stakes and 318 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $213M. The largest seller was JP Morgan Chase, cutting an estimated $122M.
- 706 institutional investors held Cencora (COR) as of Q4 2018, up from 698 in Q3 2018.
- Funds reported $10.4B of Cencora stock for Q4 2018, down 20% quarter-over-quarter.
- 104 funds opened new Cencora positions in Q4 2018 and 90 closed out, a net change of +14 holders.
- The largest Cencora buyer in Q4 2018 was Fidelity Investments, an estimated $213M added.
- The largest Cencora seller in Q4 2018 was JP Morgan Chase, an estimated $122M sold.
Based on aggregated 13F filings for Q4 2018.