Cardinal Health
908 hedge funds and large institutions have $16.8B invested in Cardinal Health in 2023 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 310 increasing their positions, 353 reducing their positions, and 92 closing their positions.
158% more call options, than puts
Call options by funds: $294M | Put options by funds: $114M
0.05% more ownership
Funds ownership: 85.85% → 85.9% (+0.05%)
2% less capital invested
Capital invested by funds: $17.1B → $16.8B (-$316M)
2% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 92
2% less funds holding
Funds holding: 931 → 908 (-23)
12% less repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 353
47% less funds holding in top 10
Funds holding in top 10: 19 → 10 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$191M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$107M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$98.1M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$88.8M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$66.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$145M |
| 2 |
Amundi
Paris,
France
|
-$138M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$137M |
| 4 |
Two Sigma Investments
New York
|
-$114M |
| 5 |
Man Group
London,
United Kingdom
|
-$111M |
CAH Hedge Fund Activity: Q1 2023 in Review
908 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q1 2023, worth a combined $16.8B — down 1.9% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of CAH and 90 opened new positions — a net loss of 2 holders — while 353 trimmed existing stakes and 310 added.
The largest buyer was Citadel Advisors, adding an estimated $191M. The largest seller was State Street, cutting an estimated $145M.
- 908 institutional investors held Cardinal Health (CAH) as of Q1 2023, down from 931 in Q4 2022.
- Funds reported $16.8B of Cardinal Health stock for Q1 2023, down 1.9% quarter-over-quarter.
- 90 funds opened new Cardinal Health positions in Q1 2023 and 92 closed out, a net change of -2 holders.
- The largest Cardinal Health buyer in Q1 2023 was Citadel Advisors, an estimated $191M added.
- The largest Cardinal Health seller in Q1 2023 was State Street, an estimated $145M sold.
Based on aggregated 13F filings for Q1 2023.