CENTENE CORP DEL CNC
COM · Common Stock · CUSIP 15135B101 · ISIN US15135B1017
American multinational healthcare company
- SectorHealth care
- IndustryHospital & Medical Service Plans
- HeadquartersSt Louis, MO
- Founded1984
- Websitecentene.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 ($149.7m this quarter). Holder counts are more reliable. Shares outstanding: 491.1m as of 2025-07-23, 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 ≈ $54.10. Options: 25 managers hold calls ($130.9m notional), 29 hold puts ($247.7m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 848 |
| Q4 2022 | 881 |
| Q1 2023 | 849 |
| Q2 2023 | 838 |
| Q3 2023 | 830 |
| Q4 2023 | 899 |
| Q1 2024 | 932 |
| Q2 2024 | 902 |
| Q3 2024 | 887 |
| Q4 2024 | 878 |
| Q1 2025 | 902 |
| Q2 2025 | 872 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 387 | 378 |
| Q4 2023 | 405 | 383 |
| Q1 2024 | 484 | 366 |
| Q2 2024 | 406 | 466 |
| Q3 2024 | 383 | 453 |
| Q4 2024 | 365 | 481 |
| Q1 2025 | 435 | 418 |
| Q2 2025 | 451 | 425 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $226.0m | $313.7m | 1.39 |
| Q4 2024 | $181.4m | $304.9m | 1.68 |
| Q1 2025 | $182.5m | $281.2m | 1.54 |
| Q2 2025 | $130.9m | $247.7m | 1.89 |
Biggest buyers
| Capital World Investors | Added | +2.8m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.5m |
| Squarepoint Ops LLC | Added | +1.2m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | New | +1.2m |
| Qube Research & Technologies Ltd | Added | +994.0k |
| ROYAL BANK OF CANADA | Added | +874.8k |
| Trexquant Investment LP | Added | +869.9k |
| VANGUARD GROUP INC | Added | +869.7k |
| NORGES BANK | Added | +858.6k |
| VIRGINIA RETIREMENT SYSTEMS ET Al | New | +745.6k |
Biggest sellers
| 8 KNOTS MANAGEMENT, LLC | Sold out | -3.1m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -2.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.4m |
| Carmignac Gestion | Reduced | -2.3m |
| Assenagon Asset Management S.A. | Reduced | -1.8m |
| GLENVIEW CAPITAL MANAGEMENT, LLC | Sold out | -1.3m |
| Holocene Advisors, LP | Sold out | -1.2m |
| DEUTSCHE BANK AG\ | Reduced | -1.0m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -1.0m |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $26.2m482.9k shares |
| UBS Group AG | Added | $16.3m300.9k shares |
| BARCLAYS PLC | Unchanged | $11.0m202.8k shares |
| JANE STREET GROUP, LLC | Reduced | $10.7m196.9k shares |
| GROUP ONE TRADING LLC | Added | $8.4m154.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.4m154.4k shares |
| Qube Research & Technologies Ltd | Added | $7.8m143.4k shares |
| IMC-Chicago, LLC | Reduced | $6.9m127.4k shares |
| Walleye Trading LLC | Added | $5.3m97.8k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $4.9m89.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $51.3m945.0k shares |
| BARCLAYS PLC | New | $37.2m685.0k shares |
| CITADEL ADVISORS LLC | Added | $32.5m599.0k shares |
| SIMPLEX TRADING, LLC | Added | $18.3m336.3k shares |
| UBS Group AG | Added | $16.6m305.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $15.2m280.6k shares |
| IMC-Chicago, LLC | Added | $11.1m205.0k shares |
| JANE STREET GROUP, LLC | Reduced | $10.4m191.7k shares |
| Hudson Bay Capital Management LP | New | $9.4m173.0k shares |
| GROUP ONE TRADING LLC | Reduced | $6.9m127.1k 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 2025-07-16 | 7.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-02-13 | 6.5% |
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 Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $1.7m | — |
| Q2 2024 | 0 | — | 2 | $688.3k | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 7 | $3.3m | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 58.4m $3.2bn | Added +869.7k |
| BlackRock, Inc. 0.05% of their portfolio | 45.2m $2.5bn | Added +42.2k |
| FMR LLC 0.08% of their portfolio | 26.9m $1.5bn | Added +293.0k |
| NORGES BANK 0.18% of their portfolio | 26.5m $1.4bn | Added +858.6k |
| STATE STREET CORP 0.05% of their portfolio | 23.2m $1.3bn | Added +514.6k |
| HARRIS ASSOCIATES L P 1.80% of their portfolio | 20.4m $1.1bn | Reduced -717.2k |
| Capital World Investors 0.14% of their portfolio | 17.7m $962.5m | Added +2.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 13.2m $718.5m | Added +279.6k |
| Invesco Ltd. 0.11% of their portfolio | 11.7m $636.5m | Added +633.9k |
| AQR CAPITAL MANAGEMENT LLC 0.37% of their portfolio | 8.3m $442.6m | Reduced -2.8m |
| Politan Capital Management LP 31.36% of their portfolio | 8.0m $436.6m | Reduced -488.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 7.4m $402.6m | Reduced -2.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.25% of their portfolio | 6.6m $358.5m | Added +406.2k |
| MORGAN STANLEY 0.02% of their portfolio | 5.9m $317.7m | Reduced -217.7k |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 5.4m $293.6m | Added +19.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 5.1m $276.6m | Added +285.4k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 5.1m $274.8m | Reduced -93.7k |
| LSV ASSET MANAGEMENT 0.58% of their portfolio | 4.6m $247.6m | Added +506.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 4.5m $244.4m | Added +69.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 4.2m $225.7m | Added +154.8k |
| Legal & General Group Plc 0.06% of their portfolio | 4.1m $223.8m | Added +111.2k |
| Boston Partners 0.23% of their portfolio | 3.9m $209.9m | Added +38.6k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.8m $206.9m | Reduced -46.2k |
| Amundi 0.04% of their portfolio | 3.4m $114.3m | Added +199.0k |
| TWO SIGMA ADVISERS, LP 0.36% of their portfolio | 3.3m $177.5m | Reduced -36.6k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 3.14% of their portfolio | 3.2m $172.9m | Added +513.4k |
| TWO SIGMA INVESTMENTS, LP 0.31% of their portfolio | 3.2m $171.1m | Reduced -404.1k |
| EARNEST PARTNERS LLC 0.73% of their portfolio | 3.0m $161.3m | Reduced -15.3k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.9m $157.4m | Reduced -165.0k |
| D. E. Shaw & Co., Inc. 0.16% of their portfolio | 2.9m $155.9m | Added +195.3k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 2.7m $149.2m | Added +552.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.47% of their portfolio | 2.7m $144.6m | Reduced -550.0k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 2.6m $143.7m | Reduced -1.0m |
| Man Group plc 0.26% of their portfolio | 2.2m $122.1m | Added +176.9k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 2.2m $120.0m | Reduced -214.4k |
| BARCLAYS PLC 0.05% of their portfolio | 2.2m $117.5m | Added +271.1k |
| Carmignac Gestion 1.80% of their portfolio | 2.2m $116.7m | Reduced -2.3m |
| NORDEA INVESTMENT MANAGEMENT AB 0.11% of their portfolio | 2.1m $113.9m | Reduced -1.0m |
| Scharf Investments, LLC 3.15% of their portfolio | 2.0m $109.3m | Reduced -381.7k |
| LYRICAL ASSET MANAGEMENT LP 1.57% of their portfolio | 2.0m $109.2m | Reduced -224.6k |
| UBS Group AG 0.02% of their portfolio | 2.0m $108.9m | Reduced -143.1k |
| Nuveen, LLC 0.03% of their portfolio | 2.0m $107.2m | Reduced -438.7k |
| Qube Research & Technologies Ltd 0.15% of their portfolio | 2.0m $106.8m | Added +994.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 1.9m $103.1m | Added +1.5m |
| Assenagon Asset Management S.A. 0.16% of their portfolio | 1.8m $99.7m | Reduced -1.8m |
| PRUDENTIAL FINANCIAL INC 0.13% of their portfolio | 1.8m $99.6m | Reduced -321.0k |
| Thrivent Financial for Lutherans 0.22% of their portfolio | 1.8m $98.5m | Added +635.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.36% of their portfolio | 1.8m $97.5m | Added +148.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.8m $97.4m | Reduced -161.8k |
| Allianz Asset Management GmbH 0.13% of their portfolio | 1.8m $97.1m | Added +286.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.7m $93.3m | Reduced -67.0k |
| KBC Group NV 0.25% of their portfolio | 1.7m $92.8m | Reduced -608.1k |
| Squarepoint Ops LLC 0.20% of their portfolio | 1.7m $91.9m | Added +1.2m |
| California Public Employees Retirement System 0.06% of their portfolio | 1.6m $89.0m | Reduced -148.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 1.5m $83.3m | Reduced -101.7k |
| Swedbank AB 0.09% of their portfolio | 1.5m $82.7m | First filing |
| Swiss National Bank 0.05% of their portfolio | 1.5m $81.5m | Added +77.9k |
| Bridgewater Associates, LP 0.32% of their portfolio | 1.5m $80.2m | Added +267.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.5m $79.4m | Added +874.8k |
| SEI INVESTMENTS CO 0.09% of their portfolio | 1.4m $75.0m | Reduced -106.3k |
| Danica Pension, Livsforsikringsaktieselskab 1.24% of their portfolio | 1.4m $74.3m | Added +356.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 1.3m $71.7m | Added +676.1k |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 1.3m $71.1m | Added +387.8k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 1.3m $70.2m | Reduced -108.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 1.3m $69.8m | Added +243.2k |
| AustralianSuper Pty Ltd 0.35% of their portfolio | 1.3m $69.4m | Added +573.7k |
| Focused Investors LLC 2.22% of their portfolio | 1.2m $67.8m | Added +207.6k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.32% of their portfolio | 1.2m $65.1m | New |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 1.1m $61.0m | Reduced -35.6k |
| Robeco Institutional Asset Management B.V. 0.10% of their portfolio | 1.1m $60.3m | Added +208.9k |
| Caisse de depot et placement du Quebec 0.13% of their portfolio | 1.1m $58.8m | Added +530.7k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.99% of their portfolio | 1.1m $58.7m | Reduced -193.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 1.1m $57.6m | Reduced -531.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 953.7k $51.8m | Added +254.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 943.6k $51.2m | Added +43.1k |
| National Pension Service 0.04% of their portfolio | 931.5k $50.6m | Added +6.4k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 916.2k $49.7m | Added +33.4k |
| Trexquant Investment LP 0.55% of their portfolio | 903.6k $49.0m | Added +869.9k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 891.4k $48.4m | Reduced -32.6k |
| Alberta Investment Management Corp 0.38% of their portfolio | 880.7k $47.8m | Added +8.9k |
| DME Capital Management, LP 1.96% of their portfolio | 839.2k $45.6m | Added +291.6k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 837.7k $45.5m | Added +170.6k |
| CITIGROUP INC 0.03% of their portfolio | 836.8k $45.4m | Reduced -80.4k |
| Artisan Partners Limited Partnership 0.06% of their portfolio | 803.4k $43.6m | Reduced -56.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 799.0k $43.4m | Reduced -7.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.10% of their portfolio | 786.7k $42.7m | Added +149.1k |
| Cresset Asset Management, LLC 0.21% of their portfolio | 773.2k $42.0m | Reduced -164.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 770.1k $41.8m | Reduced -32.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 759.4k $41.2m | Added +50.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.08% of their portfolio | 752.3k $40.8m | Added +557.1k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.28% of their portfolio | 745.6k $40.5m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 737.1k $40.0m | Added +26.0k |
| Jump Financial, LLC 0.49% of their portfolio | 728.7k $39.6m | Added +157.3k |
| CAMBIAR INVESTORS LLC 1.66% of their portfolio | 727.1k $39.5m | Reduced -41.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 723.3k $39.3m | Reduced -2.6m |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.14% of their portfolio | 618.2k $33.6m | Added +44.5k |
| Retirement Systems of Alabama 0.12% of their portfolio | 593.4k $32.2m | Reduced -8.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 587.0k $31.9m | Added +23.5k |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 583.8k $31.6m | Added +3.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 580.1k $31.5m | Reduced -50.0k |