Cardinal Health
747 hedge funds and large institutions have $21.8B invested in Cardinal Health in 2017 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 248 increasing their positions, 300 reducing their positions, and 71 closing their positions.
12% more call options, than puts
Call options by funds: $62.9M | Put options by funds: $56.2M
0.78% more ownership
Funds ownership: 87.88% → 88.66% (+0.78%)
3% less capital invested
Capital invested by funds: $22.6B → $21.8B (-$777M)
3% less funds holding
Funds holding: 767 → 747 (-20)
17% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 300
20% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 71
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$335M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$199M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$112M |
| 4 |
BlackRock
New York
|
+$106M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$122M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$95.4M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$93M |
| 4 |
Morgan Stanley
New York
|
-$83.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$77.8M |
CAH Hedge Fund Activity: Q2 2017 in Review
747 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2017, worth a combined $21.8B — down 3.4% from $22.6B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of CAH and 57 opened new positions — a net loss of 14 holders — while 300 trimmed existing stakes and 248 added.
The largest buyer was Wellington Management Group, adding an estimated $335M. The largest seller was Fidelity Investments, cutting an estimated $122M.
- 747 institutional investors held Cardinal Health (CAH) as of Q2 2017, down from 767 in Q1 2017.
- Funds reported $21.8B of Cardinal Health stock for Q2 2017, down 3.4% quarter-over-quarter.
- 57 funds opened new Cardinal Health positions in Q2 2017 and 71 closed out, a net change of -14 holders.
- The largest Cardinal Health buyer in Q2 2017 was Wellington Management Group, an estimated $335M added.
- The largest Cardinal Health seller in Q2 2017 was Fidelity Investments, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2017.