Cardinal Health
718 hedge funds and large institutions have $11.6B invested in Cardinal Health in 2018 Q4 according to their latest regulatory filings, with 131 funds opening new positions, 202 increasing their positions, 281 reducing their positions, and 88 closing their positions.
54% more call options, than puts
Call options by funds: $110M | Put options by funds: $71.5M
49% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 88
5% more funds holding
Funds holding: 685 → 718 (+33)
0.75% more ownership
Funds ownership: 87.23% → 87.97% (+0.75%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less capital invested
Capital invested by funds: $14.5B → $11.6B (-$2.9B)
28% less repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 281
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$124M |
| 2 |
BlackRock
New York
|
+$111M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$91.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$76.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$454M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$170M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$78M |
| 4 |
Two Sigma Investments
New York
|
-$73.6M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$70.6M |
CAH Hedge Fund Activity: Q4 2018 in Review
718 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2018, worth a combined $11.6B — down 20% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new CAH positions and 88 closed out — a net gain of 43 holders — while 202 added to existing stakes and 281 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $124M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $454M.
- 718 institutional investors held Cardinal Health (CAH) as of Q4 2018, up from 685 in Q3 2018.
- Funds reported $11.6B of Cardinal Health stock for Q4 2018, down 20% quarter-over-quarter.
- 131 funds opened new Cardinal Health positions in Q4 2018 and 88 closed out, a net change of +43 holders.
- The largest Cardinal Health buyer in Q4 2018 was AQR Capital Management, an estimated $124M added.
- The largest Cardinal Health seller in Q4 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $454M sold.
Based on aggregated 13F filings for Q4 2018.