Cencora
741 hedge funds and large institutions have $13.4B invested in Cencora in 2020 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 235 increasing their positions, 281 reducing their positions, and 63 closing their positions.
76% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 63
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
15% more capital invested
Capital invested by funds: $11.6B → $13.4B (+$1.78B)
7% more funds holding
Funds holding: 694 → 741 (+47)
0.97% more ownership
Funds ownership: 64.52% → 65.49% (+0.97%)
16% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 281
30% less call options, than puts
Call options by funds: $153M | Put options by funds: $220M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$159M |
| 2 |
JP Morgan Chase
New York
|
+$146M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$83M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$64.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$47.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$137M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$125M |
| 3 |
Holocene Advisors
New York
|
-$110M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$104M |
| 5 |
RAM
RWC Asset Management
London,
United Kingdom
|
-$54.8M |
COR Hedge Fund Activity: Q2 2020 in Review
741 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cencora (COR) for Q2 2020, worth a combined $13.4B — up 15% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new COR positions and 63 closed out — a net gain of 48 holders — while 235 added to existing stakes and 281 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $159M. The largest seller was Fidelity Investments, cutting an estimated $137M.
- 741 institutional investors held Cencora (COR) as of Q2 2020, up from 694 in Q1 2020.
- Funds reported $13.4B of Cencora stock for Q2 2020, up 15% quarter-over-quarter.
- 111 funds opened new Cencora positions in Q2 2020 and 63 closed out, a net change of +48 holders.
- The largest Cencora buyer in Q2 2020 was Capital International Investors, an estimated $159M added.
- The largest Cencora seller in Q2 2020 was Fidelity Investments, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2020.