Cardinal Health
1,037 hedge funds and large institutions have $21.9B invested in Cardinal Health in 2023 Q4 according to their latest regulatory filings, with 163 funds opening new positions, 330 increasing their positions, 414 reducing their positions, and 65 closing their positions.
151% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 65
17% more capital invested
Capital invested by funds: $18.7B → $21.9B (+$3.18B)
9% more funds holding
Funds holding: 948 → 1,037 (+89)
1.41% more ownership
Funds ownership: 86.76% → 88.18% (+1.4%)
4% more call options, than puts
Call options by funds: $295M | Put options by funds: $283M
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
20% less repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 414
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$454M |
| 2 |
Man Group
London,
United Kingdom
|
+$125M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$107M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$81.7M |
| 5 |
Renaissance Technologies
New York
|
+$66.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$193M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$109M |
| 3 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$83.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$81.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$65.2M |
CAH Hedge Fund Activity: Q4 2023 in Review
1,037 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2023, worth a combined $21.9B — up 17% from $18.7B a quarter earlier.
Buyers outnumbered sellers: 163 funds opened new CAH positions and 65 closed out — a net gain of 98 holders — while 330 added to existing stakes and 414 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $454M. The largest seller was BlackRock, cutting an estimated $193M.
- 1,037 institutional investors held Cardinal Health (CAH) as of Q4 2023, up from 948 in Q3 2023.
- Funds reported $21.9B of Cardinal Health stock for Q4 2023, up 17% quarter-over-quarter.
- 163 funds opened new Cardinal Health positions in Q4 2023 and 65 closed out, a net change of +98 holders.
- The largest Cardinal Health buyer in Q4 2023 was Morgan Stanley, an estimated $454M added.
- The largest Cardinal Health seller in Q4 2023 was BlackRock, an estimated $193M sold.
Based on aggregated 13F filings for Q4 2023.