Cencora
680 hedge funds and large institutions have $12.5B invested in Cencora in 2016 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 242 increasing their positions, 282 reducing their positions, and 57 closing their positions.
58% more call options, than puts
Call options by funds: $126M | Put options by funds: $79.9M
9% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 57
0% less funds holding
Funds holding: 683 → 680 (-3)
2% less capital invested
Capital invested by funds: $12.7B → $12.5B (-$274M)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
9.51% less ownership
Funds ownership: 74.49% → 64.97% (-9.5%)
14% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 282
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$159M |
| 2 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$104M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$103M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$98.5M |
| 5 |
Morgan Stanley
New York
|
+$83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$132M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$129M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$103M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$74.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$64.2M |
COR Hedge Fund Activity: Q3 2016 in Review
680 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q3 2016, worth a combined $12.5B — down 2.1% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new COR positions and 57 closed out — a net gain of 5 holders — while 242 added to existing stakes and 282 trimmed.
The largest buyer was Fiduciary Management Inc, adding an estimated $159M. The largest seller was Janus Henderson Investors US, cutting an estimated $132M.
- 680 institutional investors held Cencora (COR) as of Q3 2016, down from 683 in Q2 2016.
- Funds reported $12.5B of Cencora stock for Q3 2016, down 2.1% quarter-over-quarter.
- 62 funds opened new Cencora positions in Q3 2016 and 57 closed out, a net change of +5 holders.
- The largest Cencora buyer in Q3 2016 was Fiduciary Management Inc, an estimated $159M added.
- The largest Cencora seller in Q3 2016 was Janus Henderson Investors US, an estimated $132M sold.
Based on aggregated 13F filings for Q3 2016.