Cliff Asness's CNC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 14.7M shares of Centene Corporation (CNC) worth $522.88 M, representing 0.34% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CNC, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 6.4M shares. Largest reduction occurred in Q2 2019, reducing 5.0M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Centene Corporation (CNC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Centene Corporation (CNC) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +58,648 | Add 0.00% | 58,644 | $10.25 |
| Q2 2013 | +124,248 | Add 0.00% | 124,244 | $13.11 |
| Q3 2013 | +57,236 | Add 46.07% | 181,480 | $15.99 |
| Q4 2013 | -116,000 | Reduce 63.92% | 65,480 | $14.74 |
| Q1 2014 | +9,600 | Add 14.66% | 75,080 | $15.56 |
| Q2 2014 | +34,000 | Add 45.29% | 109,080 | $18.90 |
| Q3 2014 | +227,200 | Add 208.29% | 336,280 | $20.68 |
| Q4 2014 | +168,076 | Add 49.98% | 504,356 | $25.96 |
| Q1 2015 | +605,388 | Add 120.03% | 1.11 M | $35.35 |
| Q2 2015 | +957,922 | Add 86.32% | 2.07 M | $40.20 |
| Q3 2015 | +1.95 M | Add 94.52% | 4.02 M | $27.12 |
| Q4 2015 | -213,120 | Reduce 5.30% | 3.81 M | $32.90 |
| Q1 2016 | -2.56 M | Reduce 67.33% | 1.24 M | $30.78 |
| Q2 2016 | -177,968 | Reduce 14.30% | 1.07 M | $35.69 |
| Q3 2016 | -442,978 | Reduce 41.53% | 623,570 | $33.48 |
| Q4 2016 | +1.38 M | Add 222.09% | 2.01 M | $28.26 |
| Q1 2017 | +2.17 M | Add 108.00% | 4.18 M | $35.63 |
| Q2 2017 | +2.61 M | Add 62.39% | 6.78 M | $39.94 |
| Q3 2017 | -150,930 | Reduce 2.22% | 6.63 M | $48.39 |
| Q4 2017 | +577,738 | Add 8.71% | 7.21 M | $50.44 |
| Q1 2018 | -1.79 M | Reduce 24.87% | 5.42 M | $53.43 |
| Q2 2018 | +1.55 M | Add 28.54% | 6.96 M | $62.57 |
| Q3 2018 | -2.83 M | Reduce 40.59% | 4.14 M | $72.39 |
| Q4 2018 | +761,492 | Add 18.40% | 4.9 M | $57.65 |
| Q1 2019 | +582,198 | Add 11.88% | 5.48 M | $52.51 |
| Q2 2019 | -5.03 M | Reduce 91.74% | 452,778 | $51.81 |
| Q3 2019 | +322,230 | Add 71.17% | 775,008 | $43.05 |
| Q4 2019 | -679,067 | Reduce 87.62% | 95,941 | $62.87 |
| Q1 2020 | +40,033 | Add 41.73% | 135,974 | $59.41 |
| Q2 2020 | -22,926 | Reduce 16.86% | 113,048 | $61.51 |
| Q3 2020 | +142,111 | Add 125.71% | 255,159 | $57.74 |
| Q4 2020 | -22,854 | Reduce 8.96% | 232,305 | $59.19 |
| Q1 2021 | +322,099 | Add 138.65% | 554,404 | $63.91 |
| Q2 2021 | -318,473 | Reduce 57.44% | 235,931 | $72.93 |
| Q3 2021 | -18,839 | Reduce 7.98% | 217,092 | $62.31 |
| Q4 2021 | -66,308 | Reduce 30.54% | 150,784 | $82.40 |
| Q1 2022 | +9,157 | Add 6.07% | 159,941 | $84.19 |
| Q2 2022 | +32,687 | Add 20.44% | 192,628 | $84.61 |
| Q3 2022 | +35,783 | Add 18.58% | 228,411 | $77.81 |
| Q4 2022 | +356,401 | Add 156.03% | 584,812 | $81.77 |
| Q1 2023 | +922,161 | Add 157.69% | 1.51 M | $63.21 |
| Q2 2023 | +29,608 | Add 1.96% | 1.54 M | $67.09 |
| Q3 2023 | +471,462 | Add 30.68% | 2.01 M | $68.88 |
| Q4 2023 | +298,484 | Add 14.86% | 2.31 M | $73.89 |
| Q1 2024 | +1.32 M | Add 57.34% | 3.63 M | $78.32 |
| Q2 2024 | +832,318 | Add 22.93% | 4.46 M | $66.30 |
| Q3 2024 | +961,229 | Add 21.54% | 5.42 M | $74.36 |
| Q4 2024 | +2.32 M | Add 42.78% | 7.74 M | $60.58 |
| Q1 2025 | +3.31 M | Add 42.71% | 11.05 M | $60.62 |
| Q2 2025 | -2.75 M | Reduce 24.90% | 8.3 M | $53.33 |
| Q3 2025 | +6.36 M | Add 76.59% | 14.65 M | $35.68 |
Cliff Asness's Centene Corporation Investment FAQs
Cliff Asness first purchased Centene Corporation (CNC) in Q4 2012, acquiring 58,644 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Centene Corporation (CNC) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Centene Corporation (CNC) was in Q3 2025, adding 14,654,834 shares worth $522.88 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 14,654,834 shares of Centene Corporation (CNC), valued at approximately $522.88 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Centene Corporation (CNC) represents approximately 0.34% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Centene Corporation (CNC) was 14,654,834 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.