Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CENTENE CORP DEL (CNC)

909 + Investors. Track Smart Money conviction in CNC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +62
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — CNC

Based on 858 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CNC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
858 hedge funds hold CNC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 2 quarters from the low — a sharp move.
🟡

Slight buying edge — 57% buying

523 buying400 selling
Last quarter: 523 funds bought or added vs 400 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+19 vs last Q)

new funds entering per quarter
Funds opening a new CNC position: 129 → 104 → 162 → 181. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 16% medium ■ 21% new
549 out of 858 hedge funds have held CNC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

119 → 129 → 104 → 162 → 181 new funds/Q
New funds entering each quarter: 129 → 104 → 162 → 181. A growing number of institutions are discovering CNC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Of 909 current holders: 619 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
45 of 858 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in CNC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CNC

How many hedge funds hold CNC — quarterly history vs. share price
Quarterly hedge fund ownership of CNC vs. share price

Market Analysis: CNC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNC

-- --
Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

108 top-rated funds 13 high-conviction
Consensus
8.8
/ 10
breadth
×
Elite
6.3
/ 10
conviction
Hedge Fund Positioning: CNC
2026 Q1 Stats Unlock in 22 days 909 + Investors

Track Smart Money conviction in CNC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 909 854 6.44%
13F Shares 499M 492M 1.46%
Total Value $20.28B $17.42B 16.44%
New Positions 183 174 +9
Increased Positions 405 430 -25
Closed Positions 124 184 -60
Reduced Positions 367 276 +91
Total Calls 36 37 -2.7%
Total Puts 25 28 -10.71%
PUT/CALL Ratio 0.69 0.76 Bullish

Statistics: CNC

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

909 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CNC. Verified SEC 13F-HR filings.

Top 25 institutional holders of CNC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SCHARF INVESTMENTS, LLC 1.73% 1,719,026 $56.3M
2 Daytona Street Capital LLC 1.58% 60,771 $2.1M
3 Focused Investors LLC 1.31% 1,233,150 $40.4M
4 QV Investors Inc. 0.84% 316,132 $10K
5 Counterpoint Mutual Funds LLC 0.71% 144,965 $4.7M
6 Poehling Capital Management, INC. 0.67% 97,055 $3.2M
7 Sendero Wealth Management, LLC 0.52% 144,659 $4.7M
8 WEDGE CAPITAL MANAGEMENT L L P/NC 0.45% 746,025 $24.4M
9 Insight Wealth Strategies, LLC 0.45% 122,138 $4.0M
10 waypoint wealth counsel 0.37% 21,725 $711K
11 Board of the Pension Protection Fund 0.27% 8,900 $291K
12 Swisher Financial Concepts, Inc. 0.27% 14,564 $477K
13 ADAMS DIVERSIFIED EQUITY FUND, INC. 0.26% 226,500 $7.4M
14 POINCIANA ADVISORS GROUP, LLC 0.25% 9,851 $323K
15 Bayforest Capital Ltd 0.25% 6,912 $226K
16 Miller Global Investments, LLC 0.24% 7,973 $261K
17 Polianta Ltd 0.20% 45,000 $1K
18 Assenagon Asset Management S.A. 0.19% 3,825,275 $125.2M
19 QTR Family Wealth, LLC 0.18% 11,805 $440K
20 ASAHI LIFE ASSET MANAGEMENT CO., LTD. 0.17% 8,241 $270K
21 LifeGoal Investments, LLC 0.15% 7,673 $260K
22 Ninety One UK Ltd 0.14% 1,791,325 $58.6M
23 Robeco Institutional Asset Management B.V. 0.13% 2,886,996 $94.5M
24 Pallas Capital Advisors LLC 0.13% 102,615 $3.4M
25 SVB WEALTH LLC 0.12% 56,159 $1.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CENTENE CORP DEL (CNC)

What does the Smart Money Trend signal show for CNC?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CNC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CNC?

Slight buying edge — 57% buying: Last quarter: 523 funds bought or added vs 400 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CNC holders?

Elite ownership — 49% AUM from top-100 funds: 45 of 858 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in CNC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CNC?

64% of holders stayed for 2+ years: 549 out of 858 hedge funds have held CNC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.