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CNC

Centene Corporation

Sector: healthcareMedical - Healthcare PlansNYSEMarket Cap: $21.26B

Centene Corporation (CNC) is a managed healthcare enterprise primarily focused on government-sponsored programs, with a significant political signal from 8 congressional traders who executed 151 trades and received $10,000 in lobbying, and a holding by former President Trump.

Govt Dependence
85/100
Regulatory Density
90/100
Lobbying Intensity
20/100
Political Signal
BULLISH

BusinessWhat CNC does

Centene Corporation operates as a diversified healthcare enterprise providing managed care services, primarily through government-sponsored healthcare programs like Medicaid, Medicare, and the Health Insurance Marketplace. Its revenue lines include premium and service revenues from these programs, with a significant portion derived from state and federal contracts. The company also offers specialty services including behavioral health, vision, and dental.

6 months past · 3 months futureCNC activity timeline

$56$43$31 DecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $53.98 hi $31.80 lo $53.34 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 41 Ro Khanna (D) · Purchase · 2026-01-29 D.E. Shaw & Co. · OPENED $159M · 2025-12-31Citadel Advisors · OPENED $147M · 2025-12-31Two Sigma Investments · OPENED $98M · 2025-12-31Renaissance Technologies · OPENED $43M · 2025-12-31 MARKUP · House Appropriations Subcommittee on Department of Homeland · 2026-05-18MARKUP · Senate Appropriations Subcommittee on Commerce, Justice, Sci · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Departments of Labor, · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-19MARKUP · House Appropriations Subcommittee on Commerce, Justice, Scie · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Transportation, Housin · 2026-05-19MARKUP · Senate Budget · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-20MARKUP · House Education and Workforce Subcommittee on Health, Employ · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · Senate Appropriations Subcommittee on Energy and Water Devel · 2026-05-20MARKUP · Senate Veterans' Affairs · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-21MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-21MARKUP · House Appropriations Subcommittee on Departments of Transpor · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
109 trading days · 1 congressional trades shown · 0 insider buys · 4 13F filings · 0 past bill actions · 16 upcoming markups

Executive Branch ConflictsCNC held by Trump-administration officials

1 cabinet/senior official reported CNC positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsCNC federal contracts

CNC doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding CNC

$2.74B
Total CNC held by tracked 13F funds
39
Funds with CNC positions
+39
Funds opened this quarter
D.E. Shaw & Co. $230M opened 2025-09-30
Two Sigma Investments $216M opened 2025-03-31
Citadel Advisors $208M opened 2025-09-30
Two Sigma Investments $171M opened 2025-06-30
D.E. Shaw & Co. $159M opened 1 overlap 2025-12-31
D.E. Shaw & Co. $154M opened 2024-12-31
Citadel Advisors $147M opened 1 overlap 2025-12-31
Two Sigma Investments $136M opened 2024-12-31
31 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading CNCMembers of Congress with recent CNC positions

7 politicians traded CNC across 77 disclosed transactions totaling $1.3M (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just CNC). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading CNC

2026-01-29 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-04-14 Julia Letlow R-Louisiana · house Purchase $1,001 - $15,000 274d late
2025-08-08 Julia Letlow R-Louisiana · house Sale $1,001 - $15,000 158d late
2025-08-05 Gilbert Ray Cisneros D-California · house purchase $1,001 - $15,000
2024-10-29 Val T. Hoyle D-Oregon · house purchase $1,001 - $15,000 318d late
2024-10-29 Val T. Hoyle D-Oregon · house Purchase $1,001 - $15,000 318d late
2025-08-05 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house purchase $1,001 - $15,000
2025-08-08 Tim Moore R-North Carolina · house purchase $1,001 - $15,000
2025-08-18 Tim Moore R-North Carolina · house sale $100,001 - $250,000
2025-08-07 Tim Moore R-North Carolina · house Purchase $15,001 - $50,000
30+ trades on file · most recent 2026-02-06

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting CNCLive legislation impacting this stock

Political ProfileWhere CNC sits in Washington

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STRUCTURAL: 8 politicians with lobbying alignment ($10,000 each), including key committee roles (e.g., Health Subcommittee chair). EVIDENTIARY: 151 total congressional trades (per get_political_influence.lobbying_patterns.ticker_trades sum), recent purchases by Rep. Khanna and Rep. Cisneros, and a holding by former President Trump ($1,001-$15,000). Net: Strong engagement but low lobbying spend.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Medicaid funding changes under Affordable Care Act
    Centers for Medicare & Medicaid Services (CMS)
    "get_political_influence.lobbying_patterns[0].specific_issues mentions 'Medicaid funding related to Affordable Care Act'"

Regulatory opportunities

  • Potential expansion of government-sponsored healthcare programs
    Centers for Medicare & Medicaid Services (CMS)
    "Lobbying filing on 'Medicaid funding related to Affordable Care Act' suggests engagement on funding stability"

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.

LobbyingWho's hired to advocate for CNC

BRYAN CAVE LEIGHTON PAISNER LLP · $10K healthcare
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Frequently AskedAbout CNC & political exposure

Does Centene Corporation (CNC) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Centene Corporation. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own CNC stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in CNC on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded CNC stock?
209 congressional trades by 19 unique members of Congress, most recently on 2026-01-29. See the Congressional Trading panel for politician-by-politician breakdown.
What is CNC political risk profile?
Government dependence: 85/100. Lobbying intensity: 20/100. Political signal: bullish. Donor party split: R 50% / D 50%.
How does GovGreed track CNC political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. CNC data is updated daily from these official federal sources.