Cencora
703 hedge funds and large institutions have $11.2B invested in Cencora in 2019 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 286 increasing their positions, 244 reducing their positions, and 78 closing their positions.
56% more call options, than puts
Call options by funds: $155M | Put options by funds: $99.2M
17% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 244
8% more capital invested
Capital invested by funds: $10.4B → $11.2B (+$792M)
9% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 78
0.64% more ownership
Funds ownership: 66.37% → 67.01% (+0.64%)
0% less funds holding
Funds holding: 706 → 703 (-3)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$161M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$130M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$60.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$55.6M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$55.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$140M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$125M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$98.6M |
| 4 |
BlackRock
New York
|
-$85M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.6M |
COR Hedge Fund Activity: Q1 2019 in Review
703 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q1 2019, worth a combined $11.2B — up 7.6% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new COR positions and 78 closed out — a net gain of 7 holders — while 286 added to existing stakes and 244 trimmed.
The largest buyer was Glenview Capital Management, adding an estimated $161M. The largest seller was Harding Loevner, cutting an estimated $140M.
- 703 institutional investors held Cencora (COR) as of Q1 2019, down from 706 in Q4 2018.
- Funds reported $11.2B of Cencora stock for Q1 2019, up 7.6% quarter-over-quarter.
- 85 funds opened new Cencora positions in Q1 2019 and 78 closed out, a net change of +7 holders.
- The largest Cencora buyer in Q1 2019 was Glenview Capital Management, an estimated $161M added.
- The largest Cencora seller in Q1 2019 was Harding Loevner, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2019.