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Cardinal Health

771 hedge funds and large institutions have $21.3B invested in Cardinal Health in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 251 increasing their positions, 335 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less call options, than puts

Call options by funds: $97.7M | Put options by funds: $99.3M

5% less capital invested

Capital invested by funds: $22.4B → $21.3B (-$1.09B)

1.67% less ownership

Funds ownership: 88.11%86.44% (-1.7%)

4% less funds holding

Funds holding: 807771 (-36)

23% less funds holding in top 10

Funds holding in top 10: 1310 (-3)

25% less repeat investments, than reductions

Existing positions increased: 251 | Existing positions reduced: 335

38% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 74

Holders
771
Holders Change
-36
Holders Change %
-4.46%
% of All Funds
20.57%
Holding in Top 10
10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-23.08%
% of All Funds
0.27%
New
46
Increased
251
Reduced
335
Closed
74
Calls
$97.7M
Puts
$99.3M
Net Calls
-$1.66M
Net Calls Change
-$3.85M
Name Holding Trade Value Shares
Change
Change in
Stake
CGH
301
Crossmark Global Holdings
Texas
$3M +$3.63M +44,858 New
Citigroup
302
Citigroup
New York
$3M -$230K -2,844 -7%
CSUI
303
Cincinnati Specialty Underwriters Insurance
Ohio
$2.99M
BCM
304
BTC Capital Management
Iowa
$2.97M +$261K +3,224 +9%
SFA
305
Staton Financial Advisors
North Carolina
$2.89M +$26.3K +325 +0.9%
MOACM
306
Mutual of America Capital Management
New York
$2.85M -$202K -2,494 -6%
SSWM
307
Sheets Smith Wealth Management
North Carolina
$2.72M +$2.59M +32,000 +1,067%
CCM
308
Copeland Capital Management
Pennsylvania
$2.7M -$84.1K -1,041 -3%
BOTW
309
Bank of the West
California
$2.7M +$240K +2,974 +9%
AR
310
Advisory Research
Illinois
$2.69M -$21K -260 -0.7%
NEI
311
Northwest & Ethical Investments
Ontario, Canada
$2.67M +$779K +9,641 +39%
CIP
312
Convergence Investment Partners
Florida
$2.63M -$556K -6,882 -17%
DCM
313
Donaldson Capital Management
Indiana
$2.62M -$297K -3,672 -10%
ZIG
314
Zurich Insurance Group
Switzerland
$2.61M -$2.56M -31,687 -49%
CIBC Asset Management
315
CIBC Asset Management
Ontario, Canada
$2.6M -$221K -2,734 -8%
NMERB
316
New Mexico Educational Retirement Board
New Mexico
$2.56M -$404K -5,000 -13%
LIA
317
LS Investment Advisors
Michigan
$2.52M -$511K -6,322 -16%
CRIG
318
Charter Research & Investment Group
Connecticut
$2.5M +$36.4K +450 +1%
Envestnet Asset Management
319
Envestnet Asset Management
Illinois
$2.5M -$1.17M -14,433 -31%
AWP
320
Ascent Wealth Partners
New York
$2.49M +$26.7K +330 +1%
CS
321
Comerica Securities
Michigan
$2.48M +$63.5K +786 +3%
BTS
322
BB&T Securities
Virginia
$2.46M -$241K -2,978 -9%
CWM
323
Calamos Wealth Management
Illinois
$2.46M +$364K +4,501 +17%
TCT
324
TIAA CREF Trust
Missouri
$2.46M +$6.46K +80 +0.3%
NMIMC
325
Northwestern Mutual Investment Management Company
Wisconsin
$2.45M -$11.5M -142,242 -82%

CAH Hedge Fund Activity: Q3 2016 in Review

771 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2016, worth a combined $21.3B — down 4.9% from $22.4B a quarter earlier.

Sellers outnumbered buyers: 74 funds closed out of CAH and 46 opened new positions — a net loss of 28 holders — while 335 trimmed existing stakes and 251 added.

The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $301M. The largest seller was Macquarie Group, cutting an estimated $713M.

  • 771 institutional investors held Cardinal Health (CAH) as of Q3 2016, down from 807 in Q2 2016.
  • Funds reported $21.3B of Cardinal Health stock for Q3 2016, down 4.9% quarter-over-quarter.
  • 46 funds opened new Cardinal Health positions in Q3 2016 and 74 closed out, a net change of -28 holders.
  • The largest Cardinal Health buyer in Q3 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $301M added.
  • The largest Cardinal Health seller in Q3 2016 was Macquarie Group, an estimated $713M sold.

Based on aggregated 13F filings for Q3 2016.