Cardinal Health
663 hedge funds and large institutions have $12.4B invested in Cardinal Health in 2019 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 261 increasing their positions, 230 reducing their positions, and 78 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 230
0.52% more ownership
Funds ownership: 89.65% → 90.17% (+0.52%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1% less capital invested
Capital invested by funds: $12.5B → $12.4B (-$128M)
3% less funds holding
Funds holding: 686 → 663 (-23)
19% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 78
34% less call options, than puts
Call options by funds: $91M | Put options by funds: $138M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$59.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$51.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$44.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$40.4M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$136M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$80.7M |
| 3 |
Two Sigma Investments
New York
|
-$64.4M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$55.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$43.2M |
CAH Hedge Fund Activity: Q3 2019 in Review
663 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2019, worth a combined $12.4B — down 1% from $12.5B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of CAH and 63 opened new positions — a net loss of 15 holders — while 230 trimmed existing stakes and 261 added.
The largest buyer was JP Morgan Chase, adding an estimated $59.1M. The largest seller was Wellington Management Group, cutting an estimated $136M.
- 663 institutional investors held Cardinal Health (CAH) as of Q3 2019, down from 686 in Q2 2019.
- Funds reported $12.4B of Cardinal Health stock for Q3 2019, down 1% quarter-over-quarter.
- 63 funds opened new Cardinal Health positions in Q3 2019 and 78 closed out, a net change of -15 holders.
- The largest Cardinal Health buyer in Q3 2019 was JP Morgan Chase, an estimated $59.1M added.
- The largest Cardinal Health seller in Q3 2019 was Wellington Management Group, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2019.