Cencora
1,154 hedge funds and large institutions have $48.1B invested in Cencora in 2024 Q1 according to their latest regulatory filings, with 171 funds opening new positions, 392 increasing their positions, 425 reducing their positions, and 85 closing their positions.
140% more call options, than puts
Call options by funds: $1.59B | Put options by funds: $660M
101% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 85
36% more capital invested
Capital invested by funds: $35.5B → $48.1B (+$12.6B)
20% more funds holding in top 10
Funds holding in top 10: 20 → 24 (+4)
13.16% more ownership
Funds ownership: 86.12% → 99.28% (+13%)
7% more funds holding
Funds holding: 1,079 → 1,154 (+75)
8% less repeat investments, than reductions
Existing positions increased: 392 | Existing positions reduced: 425
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$278M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$277M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$191M |
| 4 |
Two Sigma Advisers
New York
|
+$167M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$640M |
| 2 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$422M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$395M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$260M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$198M |
COR Hedge Fund Activity: Q1 2024 in Review
1,154 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q1 2024, worth a combined $48.1B — up 36% from $35.5B a quarter earlier.
Buyers outnumbered sellers: 171 funds opened new COR positions and 85 closed out — a net gain of 86 holders — while 392 added to existing stakes and 425 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $278M. The largest seller was Morgan Stanley, cutting an estimated $640M.
- 1,154 institutional investors held Cencora (COR) as of Q1 2024, up from 1,079 in Q4 2023.
- Funds reported $48.1B of Cencora stock for Q1 2024, up 36% quarter-over-quarter.
- 171 funds opened new Cencora positions in Q1 2024 and 85 closed out, a net change of +86 holders.
- The largest Cencora buyer in Q1 2024 was Wellington Management Group, an estimated $278M added.
- The largest Cencora seller in Q1 2024 was Morgan Stanley, an estimated $640M sold.
Based on aggregated 13F filings for Q1 2024.