Cencora
735 hedge funds and large institutions have $12.6B invested in Cencora in 2018 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 213 increasing their positions, 319 reducing their positions, and 73 closing their positions.
49% more call options, than puts
Call options by funds: $110M | Put options by funds: $73.8M
18% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 73
1% more funds holding
Funds holding: 730 → 735 (+5)
1.11% less ownership
Funds ownership: 67.9% → 66.79% (-1.1%)
7% less capital invested
Capital invested by funds: $13.5B → $12.6B (-$919M)
33% less repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 319
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$283M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$133M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$93.4M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$60.9M |
| 5 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$252M |
| 2 |
Millennium Management
New York
|
-$106M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$93.8M |
| 4 |
Bank of New York Mellon
New York
|
-$88.5M |
| 5 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$68.9M |
COR Hedge Fund Activity: Q1 2018 in Review
735 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q1 2018, worth a combined $12.6B — down 6.8% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new COR positions and 73 closed out — a net gain of 13 holders — while 213 added to existing stakes and 319 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $283M. The largest seller was Vulcan Value Partners, cutting an estimated $252M.
- 735 institutional investors held Cencora (COR) as of Q1 2018, up from 730 in Q4 2017.
- Funds reported $12.6B of Cencora stock for Q1 2018, down 6.8% quarter-over-quarter.
- 86 funds opened new Cencora positions in Q1 2018 and 73 closed out, a net change of +13 holders.
- The largest Cencora buyer in Q1 2018 was JP Morgan Chase, an estimated $283M added.
- The largest Cencora seller in Q1 2018 was Vulcan Value Partners, an estimated $252M sold.
Based on aggregated 13F filings for Q1 2018.