
What smart money is saying about Centene
3 funds in our archive have pitched Centene — most recently Harris Associates U.S. Concentrated Strategy in June 2026.
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
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Position history
Between Q4 2024 and Q2 2026, 3 fund letters reported a position in Centene, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 3 | 0 | 0 | 1 |
| Q1 2026 | 0 | 0 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Fund activity · 3 positions
- HoldsPacker & Co Investigator TrustJune 2026
Listed in Packer & Co Investigator Trust’s reported holdings.
Read the letterCentene - HoldsHarris Associates U.S. Concentrated StrategyJune 2026
“• Centene was a contributor during the quarter.”
Read the letterCentene - HoldsHotchkis & Wiley Mid‑Cap Value StrategyJune 2026
“Centene outperformed sharply this quarter as adjusted EPS beat consensus by 48%, management raised full-year guidance, and investors gained confidence that the Medicaid margin recovery and ACA membership reset were both tracking ahead of plan.”
Read the letterCentene
Fund coverage · 3 theses
- Harris Associates U.S. Concentrated StrategyJune 2026
Centene is a government managed care leader with expected earnings recovery from stabilizing medical costs, better reimbursement, and expense initiatives.
Read the full thesis - Oakmark Equity and Income FundMarch 2026
Centene Corporation is the leading government managed care provider with scale advantages and cyclical margin recovery potential at a discounted valuation.
Read the full thesis - Greenlight CapitalDecember 2024
CNC is trading at a historically low valuation despite its status as the largest Managed Medicaid company, with potential for significant repricing in its core Medicaid business over the next two years amidst current concerns.
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