Cencora
600 hedge funds and large institutions have $14.6B invested in Cencora in 2014 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 172 increasing their positions, 272 reducing their positions, and 38 closing their positions.
53% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 38
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
3% more funds holding
Funds holding: 585 → 600 (+15)
4% more capital invested
Capital invested by funds: $14B → $14.6B (+$568M)
5% less call options, than puts
Call options by funds: $26.2M | Put options by funds: $27.7M
1.33% less ownership
Funds ownership: 85.43% → 84.1% (-1.3%)
37% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 272
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$107M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$58.5M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$50.8M |
| 4 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
+$28M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$189M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$133M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$85.9M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$60.8M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$54M |
COR Hedge Fund Activity: Q3 2014 in Review
600 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q3 2014, worth a combined $14.6B — up 4.1% from $14B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new COR positions and 38 closed out — a net gain of 20 holders — while 172 added to existing stakes and 272 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $107M. The largest seller was Morgan Stanley, cutting an estimated $189M.
- 600 institutional investors held Cencora (COR) as of Q3 2014, up from 585 in Q2 2014.
- Funds reported $14.6B of Cencora stock for Q3 2014, up 4.1% quarter-over-quarter.
- 58 funds opened new Cencora positions in Q3 2014 and 38 closed out, a net change of +20 holders.
- The largest Cencora buyer in Q3 2014 was Capital Research Global Investors, an estimated $107M added.
- The largest Cencora seller in Q3 2014 was Morgan Stanley, an estimated $189M sold.
Based on aggregated 13F filings for Q3 2014.