Cencora
722 hedge funds and large institutions have $13.5B invested in Cencora in 2017 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 242 increasing their positions, 280 reducing their positions, and 60 closing their positions.
140% more capital inflows, than outflows
Capital inflows: $2.84B | Capital outflows: $1.18B
100% more funds holding in top 10
Funds holding in top 10: 7 → 14 (+7)
73% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 60
4% more funds holding
Funds holding: 692 → 722 (+30)
3.6% more ownership
Funds ownership: 66.72% → 70.33% (+3.6%)
14% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 280
43% less call options, than puts
Call options by funds: $73.5M | Put options by funds: $130M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.02B |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$267M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$178M |
| 4 |
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$129M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$122M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
-$92.3M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
-$70.3M |
| 4 |
Renaissance Technologies
New York
|
-$51.9M |
| 5 |
Millennium Management
New York
|
-$50.1M |
COR Hedge Fund Activity: Q1 2017 in Review
722 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q1 2017, worth a combined $13.5B — up 18% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new COR positions and 60 closed out — a net gain of 44 holders — while 242 added to existing stakes and 280 trimmed.
The largest buyer was BlackRock, adding an estimated $1.02B. The largest seller was Schroder Investment Management Group, cutting an estimated $122M.
- 722 institutional investors held Cencora (COR) as of Q1 2017, up from 692 in Q4 2016.
- Funds reported $13.5B of Cencora stock for Q1 2017, up 18% quarter-over-quarter.
- 104 funds opened new Cencora positions in Q1 2017 and 60 closed out, a net change of +44 holders.
- The largest Cencora buyer in Q1 2017 was BlackRock, an estimated $1.02B added.
- The largest Cencora seller in Q1 2017 was Schroder Investment Management Group, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2017.