Capital World Investors Holds 29.15M Shares of Centene (CNC)

TL;DR

**Capital World Investors still holds a huge chunk of Centene (CNC) stock.**

AI Summary

Capital World Investors, a major institutional investor, has updated its holdings in Centene Corp. (CNC) as of December 29, 2023. Their latest filing, an SC 13G/A, shows they beneficially own 29,150,898 shares of Centene's common stock, representing a significant stake in the healthcare company. This matters to investors because large institutional holdings can signal confidence in a company's long-term prospects and can influence stock stability.

Why It Matters

This filing indicates a major institutional investor's continued significant stake in Centene, which can be a positive signal for other investors regarding the company's stability and future outlook.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate negative risks for Centene.

Analyst Insight

Investors should note that a major institutional investor like Capital World Investors continues to hold a substantial position in Centene, suggesting long-term confidence. This could be a factor to consider when evaluating Centene's stability, but it doesn't necessarily indicate an immediate buy or sell signal.

Key Numbers

• 29,150,898 — Shares Beneficially Owned (This is the total number of Centene common stock shares Capital World Investors holds.)

Key Players & Entities

• Capital World Investors (company) — the reporting person and institutional investor
• Centene Corp. (company) — the subject company whose shares are being reported
• 29,150,898 (dollar_amount) — the aggregate number of shares beneficially owned
• December 29, 2023 (date) — the date of the event which required the filing

Forward-Looking Statements

• Capital World Investors will maintain a significant stake in Centene Corp. for the foreseeable future. (Capital World Investors) — high confidence, target: December 29, 2024

FAQ

From the Filing

0001422848-24-000223.txt : 20240212 0001422848-24-000223.hdr.sgml : 20240212 20240212102518 ACCESSION NUMBER: 0001422848-24-000223 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTENE CORP CENTRAL INDEX KEY: 0001071739 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 041406317 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-62421 FILM NUMBER: 24617926 BUSINESS ADDRESS: STREET 1: 7700 FORSYTH BLVD. CITY: ST LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3147254477 MAIL ADDRESS: STREET 1: 7700 FORSYTH BLVD. CITY: ST LOUIS STATE: MO ZIP: 63105 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital World Investors CENTRAL INDEX KEY: 0001422849 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5 ) * Centene Corp. (Name of Issuer) Common Stock (Title of Class of Securities) 15135B101 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 15135B101 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 29,150,814 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 29,150,898 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,150,898 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Centene Corp. (b) Address of Issuer's Principal Executive Offices 7700 Forsyth Boulevard, ST LOUIS, MO 63105 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 15135B101 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the In