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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
Legal & General Group
26
Legal & General Group
United Kingdom
$134M -$1.63M -20,208 -1%
Victory Capital Management
27
Victory Capital Management
Texas
$134M +$117M +1,444,376 +517%
Nordea Investment Management
28
Nordea Investment Management
Sweden
$133M +$8.4M +103,885 +6%
Capital International Investors
29
Capital International Investors
California
$132M
Charles Schwab
30
Charles Schwab
California
$124M -$1.21M -14,986 -0.9%
AQR Capital Management
31
AQR Capital Management
Connecticut
$122M -$5.31M -65,646 -4%
AAMU
32
Amundi Asset Management US
Massachusetts
$117M -$24.2M -299,463 -17%
APG Asset Management
33
APG Asset Management
Netherlands
$115M +$56.7M +701,600 +90%
PAM
34
Panagora Asset Management
Massachusetts
$108M -$2.94M -36,380 -3%
T. Rowe Price Associates
35
T. Rowe Price Associates
Maryland
$107M -$129M -1,597,030 -54%
UBS AM
36
UBS AM
Illinois
$106M +$18.6M +230,169 +20%
Principal Financial Group
37
Principal Financial Group
Iowa
$106M -$44.1M -545,796 -28%
DAC
38
Dividend Assets Capital
South Carolina
$102M -$16.1M -199,692 -13%
TPI
39
Tesco Pension Investment
United Kingdom
$102M +$106M +1,312,099 New
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$101M +$14.9M +184,082 +17%
Wells Fargo
41
Wells Fargo
California
$98.2M +$9.2M +113,779 +10%
Allianz Asset Management
42
Allianz Asset Management
Germany
$97.9M -$18.1M -223,830 -15%
CB
43
Cooke & Bieler
Pennsylvania
$94.7M +$1.13M +13,962 +1%
Morgan Stanley
44
Morgan Stanley
New York
$94.5M -$30.3M -375,541 -24%
RP
45
RR Partners
New York
$93.3M -$16.7M -206,600 -15%
BA
46
BlackRock Advisors
Delaware
$87.9M -$399K -4,935 -0.4%
RJA
47
Raymond James & Associates
Florida
$85.9M +$13.8M +170,142 +18%
Fidelity International
48
Fidelity International
Bermuda
$81.5M -$24.5M -303,410 -22%
AI
49
Analytic Investors
California
$77.6M +$13M +161,334 +19%
Teacher Retirement System of Texas
50
Teacher Retirement System of Texas
Texas
$77.5M +$4.5M +55,633 +6%

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.