Cencora
COR
698 hedge funds and large institutions have $13B invested in Cencora in 2018 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 238 increasing their positions, 259 reducing their positions, and 93 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
19% more call options, than puts
Call options by funds: $86.6M | Put options by funds: $72.8M
5% more capital invested
Capital invested by funds: $12.3B → $13B (+$652M)
0.84% less ownership
Funds ownership: 66.2% → 65.36% (-0.84%)
8% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 259
4% less funds holding
Funds holding: 728 → 698 (-30)
25% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$83.4M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$75.9M |
| 3 |
EIC
Equity Investment Corp
Atlanta,
Georgia
|
+$65.3M |
| 4 |
BlackRock
New York
|
+$47.4M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$259M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$185M |
| 3 |
Millennium Management
New York
|
-$96.9M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$54.7M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$39.9M |
COR Hedge Fund Activity: Q3 2018 in Review
698 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q3 2018, worth a combined $13B — up 5.3% from $12.3B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of COR and 70 opened new positions — a net loss of 23 holders — while 259 trimmed existing stakes and 238 added.
The largest buyer was Ameriprise, adding an estimated $83.4M. The largest seller was JP Morgan Chase, cutting an estimated $259M.
- 698 institutional investors held Cencora (COR) as of Q3 2018, down from 728 in Q2 2018.
- Funds reported $13B of Cencora stock for Q3 2018, up 5.3% quarter-over-quarter.
- 70 funds opened new Cencora positions in Q3 2018 and 93 closed out, a net change of -23 holders.
- The largest Cencora buyer in Q3 2018 was Ameriprise, an estimated $83.4M added.
- The largest Cencora seller in Q3 2018 was JP Morgan Chase, an estimated $259M sold.
Based on aggregated 13F filings for Q3 2018.