Cencora
711 hedge funds and large institutions have $18.1B invested in Cencora in 2015 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 244 increasing their positions, 298 reducing their positions, and 37 closing their positions.
122% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 37
5% more funds holding
Funds holding: 676 → 711 (+35)
8.69% less ownership
Funds ownership: 86.38% → 77.69% (-8.7%)
14% less call options, than puts
Call options by funds: $93.6M | Put options by funds: $109M
16% less capital invested
Capital invested by funds: $21.5B → $18.1B (-$3.4B)
18% less repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 298
30% less funds holding in top 10
Funds holding in top 10: 33 → 23 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$128M |
| 2 |
Renaissance Technologies
New York
|
+$122M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$107M |
| 4 |
CCI
Columbus Circle Investors
|
+$97.4M |
| 5 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$73.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$1.07B |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$530M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$269M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$257M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$200M |
COR Hedge Fund Activity: Q2 2015 in Review
711 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q2 2015, worth a combined $18.1B — down 16% from $21.5B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new COR positions and 37 closed out — a net gain of 45 holders — while 244 added to existing stakes and 298 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $128M. The largest seller was State Street, exiting entirely with an estimated $1.07B sold.
- 711 institutional investors held Cencora (COR) as of Q2 2015, up from 676 in Q1 2015.
- Funds reported $18.1B of Cencora stock for Q2 2015, down 16% quarter-over-quarter.
- 82 funds opened new Cencora positions in Q2 2015 and 37 closed out, a net change of +45 holders.
- The largest Cencora buyer in Q2 2015 was AQR Capital Management, an estimated $128M added.
- The largest Cencora seller in Q2 2015 was State Street, an estimated $1.07B sold.
Based on aggregated 13F filings for Q2 2015.