CENCORA INC COR
COM · Common Stock · CUSIP 03073E105 · ISIN US03073E1055
US drug wholesale company company
- SectorHealth care
- IndustryWholesale-Drugs, Proprietaries & Druggists' Sundries
- HeadquartersConshohocken, PA
- Founded2001
- Websitecencora.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($354.8m this quarter). Holder counts are more reliable. Shares outstanding: 194.5m as of 2026-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $337.32. Options: 30 managers hold calls ($684.4m notional), 29 hold puts ($491.0m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 898 |
| Q4 2022 | 984 |
| Q1 2023 | 953 |
| Q2 2023 | 1,013 |
| Q3 2023 | 979 |
| Q4 2023 | 1,088 |
| Q1 2024 | 1,159 |
| Q2 2024 | 1,139 |
| Q3 2024 | 1,169 |
| Q4 2024 | 1,236 |
| Q1 2025 | 1,293 |
| Q2 2025 | 1,349 |
| Q3 2025 | 1,359 |
| Q4 2025 | 1,470 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 548 | 509 |
| Q2 2024 | 538 | 517 |
| Q3 2024 | 582 | 477 |
| Q4 2024 | 573 | 483 |
| Q1 2025 | 604 | 591 |
| Q2 2025 | 656 | 564 |
| Q3 2025 | 660 | 553 |
| Q4 2025 | 644 | 624 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $1.4bn | $1.0bn | 0.75 |
| Q2 2025 | $1.4bn | $862.7m | 0.63 |
| Q3 2025 | $947.7m | $538.3m | 0.57 |
| Q4 2025 | $684.4m | $491.0m | 0.72 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +8.8m |
| FMR LLC | Added | +2.1m |
| BANK OF MONTREAL /CAN/ | Added | +595.7k |
| Amundi | Added | +571.8k |
| TD Asset Management Inc | Added | +569.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +564.9k |
| Pacer Advisors, Inc. | Added | +541.5k |
| GOLDMAN SACHS GROUP INC | Added | +525.2k |
| BlackRock, Inc. | Added | +508.6k |
| UBS Group AG | Added | +407.4k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -4.4m |
| MARSHALL WACE, LLP | Reduced | -1.8m |
| VIKING GLOBAL INVESTORS LP | Sold out | -1.8m |
| CITADEL ADVISORS LLC | Reduced | -1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -731.1k |
| Swedbank AB | Reduced | -726.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -611.5k |
| BESSEMER GROUP INC | Reduced | -523.7k |
| MORGAN STANLEY | Reduced | -415.9k |
| Boston Partners | Reduced | -312.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $147.3m436.1k shares |
| JANE STREET GROUP, LLC | Added | $117.6m348.1k shares |
| CITADEL ADVISORS LLC | Added | $99.3m294.0k shares |
| D. E. Shaw & Co., Inc. | Added | $65.3m193.4k shares |
| UBS Group AG | Reduced | $39.8m117.9k shares |
| ROYAL BANK OF CANADA | Reduced | $30.4m90.0k shares |
| Point72 Asset Management, L.P. | Added | $29.6m87.5k shares |
| Delta Accumulation, LLC | Added | $24.5m72.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $20.8m61.5k shares |
| IMC-Chicago, LLC | Added | $16.0m47.3k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $153.1m453.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $89.7m265.6k shares |
| UBS Group AG | Added | $47.6m140.8k shares |
| CITADEL ADVISORS LLC | Reduced | $43.4m128.4k shares |
| Delta Accumulation, LLC | Added | $34.2m101.4k shares |
| Point72 Asset Management, L.P. | New | $23.4m69.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $15.1m447 shares |
| CITIGROUP INC | Unchanged | $14.2m42.0k shares |
| HRT FINANCIAL LP | New | $13.4m39.8k shares |
| SIMPLEX TRADING, LLC | Added | $7.7m22.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-01-31 | 8.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 3 | $6.8m | $2.3m |
| Q2 2024 | 1 | $109.3k | 3 | $27.3m | $10.8m |
| Q3 2024 | 0 | — | 2 | $10.5m | $10.1m |
| Q4 2024 | 0 | — | 3 | $23.3m | $5.2m |
| Q1 2025 | 0 | — | 5 | $13.0m | $11.3m |
| Q2 2025 | 0 | — | 5 | $19.9m | $17.0m |
| Q3 2025 | 0 | — | 2 | $22.0m | $22.0m |
| Q4 2025 | 0 | — | 4 | $9.0m | $5.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-19 | Campbell Elizabeth S Executive Vice President | Sold | $1.1m3.4k shares |
| 2025-12-19 | Battaglia Silvana Executive Vice President | Sold | $578.6k1.7k shares |
| 2025-12-18 | Mauch Robert P. President & CEO, director | Sold plan | $1.8m5.1k shares |
| 2025-12-17 | Krikorian Lazarus SVP & Chief Accounting Officer | Sold | $1.4m4.0k shares |
| 2025-11-18 | Mauch Robert P. President & CEO, director | Sold plan | $1.9m5.1k shares |
| 2025-10-20 | Mauch Robert P. President & CEO, director | Sold plan | $1.7m5.1k shares |
| 2025-10-01 | Campbell Elizabeth S Executive Vice President | Sold plan | $590.8k1.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.12% of their portfolio | 23.6m $8.0bn | Added +221.6k |
| BlackRock, Inc. 0.12% of their portfolio | 20.3m $6.9bn | Added +508.6k |
| T. Rowe Price Investment Management, Inc. 1.52% of their portfolio | 11.4m $3.8bn | Added +8.8m |
| STATE STREET CORP 0.11% of their portfolio | 9.3m $3.1bn | Added +115.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.25% of their portfolio | 7.0m $2.4bn | Reduced -731.1k |
| FMR LLC 0.09% of their portfolio | 5.5m $1.8bn | Added +2.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 5.5m $1.8bn | Added +169.1k |
| JPMORGAN CHASE & CO 0.11% of their portfolio | 5.0m $1.7bn | Reduced -4.4m |
| WELLINGTON MANAGEMENT GROUP LLP 0.27% of their portfolio | 4.5m $1.5bn | Added +564.9k |
| Boston Partners 1.47% of their portfolio | 4.2m $1.4bn | Reduced -312.6k |
| Invesco Ltd. 0.12% of their portfolio | 3.9m $1.3bn | Reduced -90.5k |
| BANK OF AMERICA CORP /DE/ 0.10% of their portfolio | 3.9m $1.3bn | Reduced -93.4k |
| MORGAN STANLEY 0.06% of their portfolio | 2.9m $987.9m | Reduced -415.9k |
| Capital Research Global Investors 0.17% of their portfolio | 2.7m $928.7m | Added +88.5k |
| NORGES BANK 0.09% of their portfolio | 2.4m $822.5m | Not comparable |
| Amundi 0.20% of their portfolio | 2.2m $753.3m | Added +571.8k |
| NORTHERN TRUST CORP 0.10% of their portfolio | 2.2m $751.1m | Reduced -48.7k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 2.1m $718.8m | Added +525.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 1.6m $534.3m | Added +106.0k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 1.5m $511.2m | Added +38.3k |
| WELLS FARGO & COMPANY/MN 0.09% of their portfolio | 1.4m $466.1m | Added +2.7k |
| BESSEMER GROUP INC 0.71% of their portfolio | 1.4m $461.0m | Reduced -523.7k |
| Legal & General Group Plc 0.10% of their portfolio | 1.4m $456.0m | Reduced -91.5k |
| ROYAL BANK OF CANADA 0.08% of their portfolio | 1.3m $449.0m | Added +219.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.37% of their portfolio | 1.3m $426.7m | Added +45.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.25% of their portfolio | 1.2m $421.5m | Added +229.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 1.2m $413.2m | Added +11.6k |
| UBS Group AG 0.08% of their portfolio | 1.1m $379.2m | Added +407.4k |
| Artisan Partners Limited Partnership 0.58% of their portfolio | 1.1m $377.8m | Reduced -160.9k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 1.1m $355.6m | Reduced -34.5k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 971.6k $329.5m | Reduced -95.7k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 920.8k $311.0m | Reduced -232.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.26% of their portfolio | 919.6k $310.7m | Reduced -248.2k |
| Holocene Advisors, LP 0.64% of their portfolio | 897.3k $303.1m | Reduced -204.6k |
| TD Asset Management Inc 0.24% of their portfolio | 887.8k $299.9m | Added +569.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.17% of their portfolio | 877.9k $296.5m | Reduced -35.8k |
| Carmignac Gestion 4.00% of their portfolio | 875.1k $295.6m | Reduced -751 |
| ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio | 865.8k $292.4m | Reduced -24.0k |
| BANK OF MONTREAL /CAN/ 0.12% of their portfolio | 857.6k $289.7m | Added +595.7k |
| Nuveen, LLC 0.07% of their portfolio | 804.6k $271.7m | Added +9.9k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 788.1k $266.5m | Added +320.3k |
| National Pension Service 0.18% of their portfolio | 720.4k $243.3m | Added +42.7k |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 697.2k $235.5m | Reduced -265.3k |
| NEUBERGER BERMAN GROUP LLC 0.17% of their portfolio | 684.5k $231.3m | Added +7.3k |
| FEDERATED HERMES, INC. 0.38% of their portfolio | 677.7k $228.9m | Reduced -100.2k |
| Swedbank AB 0.22% of their portfolio | 672.5k $227.2m | Reduced -726.6k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 656.9k $221.9m | Added +7.0k |
| FIRST TRUST ADVISORS LP 0.16% of their portfolio | 652.1k $220.2m | Reduced -61.4k |
| Qube Research & Technologies Ltd 0.31% of their portfolio | 644.9k $217.8m | Added +33.5k |
| Mawer Investment Management Ltd. 1.17% of their portfolio | 618.3k $208.8m | Reduced -32.4k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 576.4k $194.7m | Reduced -226.3k |
| Caisse de depot et placement du Quebec 0.33% of their portfolio | 575.9k $194.5m | Reduced -307.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 568.1k $191.9m | Reduced -89.6k |
| Pacer Advisors, Inc. 0.49% of their portfolio | 561.7k $189.7m | Added +541.5k |
| DekaBank Deutsche Girozentrale 0.25% of their portfolio | 543.0k $142.8m | Unchanged |
| SEI INVESTMENTS CO 0.17% of their portfolio | 506.9k $171.2m | Reduced -21.7k |
| Swiss National Bank 0.10% of their portfolio | 504.7k $170.5m | Reduced -26.0k |
| California Public Employees Retirement System 0.10% of their portfolio | 494.7k $167.1m | Reduced -94.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 477.5k $161.3m | Reduced -47.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.17% of their portfolio | 434.1k $146.7m | Added +253.7k |
| RHUMBLINE ADVISERS 0.12% of their portfolio | 432.7k $146.1m | Added +2.5k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 432.5k $146.1m | Reduced -9.6k |
| TimesSquare Capital Management, LLC 2.15% of their portfolio | 423.0k $142.9m | Reduced -20.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 403.3k $136.2m | Reduced -144.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 400.6k $135.8m | Added +19.8k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 397.1k $134.1m | Reduced -3.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.36% of their portfolio | 395.4k $133.5m | Added +6.4k |
| BARCLAYS PLC 0.05% of their portfolio | 388.5k $131.2m | Added +10.2k |
| Allspring Global Investments Holdings, LLC 0.21% of their portfolio | 383.1k $129.8m | Reduced -40.6k |
| TRUIST FINANCIAL CORP 0.17% of their portfolio | 378.7k $127.9m | Reduced -23.6k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 374.4k $126.4m | Reduced -611.5k |
| JOHNSON INVESTMENT COUNSEL INC 1.02% of their portfolio | 369.0k $124.6m | Reduced -19.2k |
| Skandinaviska Enskilda Banken AB (publ) 0.50% of their portfolio | 367.1k $124.0m | Added +71.3k |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 359.1k $121.3m | Added +128.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 359.1k $121.3m | Reduced -14.4k |
| Handelsbanken Fonder AB 0.35% of their portfolio | 347.3k $117.3m | Added +7.5k |
| GREAT LAKES ADVISORS, LLC 0.93% of their portfolio | 339.4k $114.6m | Reduced -3.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.43% of their portfolio | 331.6k $112.0m | Added +328.5k |
| SG Americas Securities, LLC 0.14% of their portfolio | 319.5k $107.9m | Added +302.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.45% of their portfolio | 319.2k $107.8m | Reduced -6.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.21% of their portfolio | 289.4k $97.7m | Added +179.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 289.3k $97.7m | Reduced -10.0k |
| LPL Financial LLC 0.03% of their portfolio | 289.0k $97.6m | Added +23.9k |
| Cornerstone Investment Partners, LLC 3.72% of their portfolio | 283.9k $95.9m | Reduced -7.4k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.13% of their portfolio | 277.8k $96.2m | Reduced -2.1k |
| DANSKE BANK A/S 0.22% of their portfolio | 274.4k $92.7m | Reduced -31.6k |
| FIRST MANHATTAN CO. LLC. 0.24% of their portfolio | 266.7k $90.1m | Reduced -7.7k |
| Clark Capital Management Group, Inc. 0.53% of their portfolio | 253.6k $85.7m | Added +2.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 253.0k $85.4m | Added +4.8k |
| CIBC Private Wealth Group LLC 0.14% of their portfolio | 251.9k $85.1m | Reduced -14.1k |
| CANADA LIFE ASSURANCE Co 0.15% of their portfolio | 251.7k $85.1m | Reduced -38.5k |
| FIL Ltd 0.06% of their portfolio | 247.6k $83.6m | Added +12.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.14% of their portfolio | 245.9k $83.0m | Added +12.1k |
| Assenagon Asset Management S.A. 0.12% of their portfolio | 243.5k $82.2m | Reduced -109.5k |
| Thrivent Financial for Lutherans 0.14% of their portfolio | 240.2k $81.1m | Reduced -5.0k |
| EARNEST PARTNERS LLC 0.34% of their portfolio | 234.2k $79.1m | Reduced -899 |
| Mitsubishi UFJ Trust & Banking Corp 0.18% of their portfolio | 227.6k $76.9m | Reduced -60.9k |
| MIZUHO MARKETS AMERICAS LLC 1.63% of their portfolio | 224.7k $75.9m | Added +11.9k |
| NewEdge Advisors, LLC 0.27% of their portfolio | 218.5k $73.8m | Reduced -805 |
| CITIGROUP INC 0.05% of their portfolio | 211.8k $71.5m | Reduced -25.2k |