Cardinal Health
948 hedge funds and large institutions have $18.7B invested in Cardinal Health in 2023 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 325 increasing their positions, 387 reducing their positions, and 70 closing their positions.
46% more call options, than puts
Call options by funds: $270M | Put options by funds: $186M
16% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 70
0.67% more ownership
Funds ownership: 86.1% → 86.76% (+0.67%)
0% more funds holding
Funds holding: 948 → 948 (0)
10% less capital invested
Capital invested by funds: $20.7B → $18.7B (-$1.96B)
16% less repeat investments, than reductions
Existing positions increased: 325 | Existing positions reduced: 387
38% less funds holding in top 10
Funds holding in top 10: 26 → 16 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$168M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$89.9M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$72M |
| 4 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$52.5M |
| 5 |
Squarepoint
New York
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$176M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$91.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$85.4M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$72.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$69.8M |
CAH Hedge Fund Activity: Q3 2023 in Review
948 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2023, worth a combined $18.7B — down 9.5% from $20.7B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CAH positions and 70 closed out — a net gain of 11 holders — while 325 added to existing stakes and 387 trimmed.
The largest buyer was Ameriprise, adding an estimated $168M. The largest seller was Man Group, exiting entirely with an estimated $176M sold.
- 948 institutional investors held Cardinal Health (CAH) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $18.7B of Cardinal Health stock for Q3 2023, down 9.5% quarter-over-quarter.
- 81 funds opened new Cardinal Health positions in Q3 2023 and 70 closed out, a net change of +11 holders.
- The largest Cardinal Health buyer in Q3 2023 was Ameriprise, an estimated $168M added.
- The largest Cardinal Health seller in Q3 2023 was Man Group, an estimated $176M sold.
Based on aggregated 13F filings for Q3 2023.