We are live on ! Find out more
CAH icon

Cardinal Health
CAH

1,222 hedge funds and large institutions have $32.5B invested in Cardinal Health in 2025 Q3 according to their latest regulatory filings, with 117 funds opening new positions, 438 increasing their positions, 457 reducing their positions, and 126 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more call options, than puts

Call options by funds: $386M | Put options by funds: $333M

1.04% more ownership

Funds ownership: 86.11% → 87.15% (+1%)

4% less repeat investments, than reductions

Existing positions increased: 438 | Existing positions reduced: 457

7% less first-time investments, than exits

New positions opened: 117 | Existing positions closed: 126

2% less funds holding

Funds holding: 1,253 → 1,222 (-31)

6% less capital invested

Capital invested by funds: $34.5B → $32.5B (-$2.03B)

33% less funds holding in top 10

Funds holding in top 10: 12 → 8 (-4)

Holders
1,222
Holders Change
-31
Holders Change %
-2.47%
% of All Funds
16.04%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
117
Increased
438
Reduced
457
Closed
126
Calls
$386M
Puts
$333M
Net Calls
+$52.6M
Net Calls Change
-$8.96M

Top Buyers

1
Wellington Management Group
Wellington Management Group
Massachusetts
+$542M
2
Holocene Advisors
Holocene Advisors
New York
+$174M
3
BlackRock
BlackRock
New York
+$142M
4
Barclays
Barclays
United Kingdom
+$128M
5
Squarepoint
Squarepoint
New York
+$116M

Top Sellers

1
Marshall Wace
Marshall Wace
United Kingdom
-$288M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$132M
3
Two Sigma Investments
Two Sigma Investments
New York
-$130M
4
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$116M
5
Prudential Financial
Prudential Financial
New Jersey
-$103M
Name Holding Trade Value Shares
Change 		Change in
Stake
AQR Capital Management
26
AQR Capital Management
Connecticut
$207M -$14.2M -92,179 -6%
Dimensional Fund Advisors
27
Dimensional Fund Advisors
Texas
$196M +$818K +5,296 +0.4%
ProShare Advisors
28
ProShare Advisors
Maryland
$174M -$18.6M -120,405 -10%
Squarepoint
29
Squarepoint
New York
$174M +$116M +748,566 +208%
Acadian Asset Management
30
Acadian Asset Management
Massachusetts
$162M -$100M -649,636 -39%
KBC Group
31
KBC Group
Belgium
$160M +$349K +2,261 +0.2%
UBS Group
32
UBS Group
Switzerland
$158M +$4.51M +29,169 +3%
BIP
33
Brandes Investment Partners
California
$155M +$6.43M +41,637 +4%
Deutsche Bank
34
Deutsche Bank
Germany
$155M +$5.77M +37,379 +4%
Federated Hermes
35
Federated Hermes
Pennsylvania
$151M +$12.6M +81,850 +9%
Citadel Advisors
36
Citadel Advisors
Florida
$148M -$17.1M -110,593 -11%
Robeco Institutional Asset Management
37
Robeco Institutional Asset Management
Netherlands
$147M +$20.8M +134,933 +17%
N
38
Nuveen
North Carolina
$145M +$19.2M +124,359 +16%
WorldQuant Millennium Advisors
39
WorldQuant Millennium Advisors
New York
$140M +$64M +414,509 +87%
Pacer Advisors
40
Pacer Advisors
Pennsylvania
$134M -$46.1M -298,616 -26%
VOYA Investment Management
41
VOYA Investment Management
Georgia
$129M +$95.1M +615,398 +298%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$124M -$25.1M -162,634 -17%
Voloridge Investment Management
43
Voloridge Investment Management
Florida
$121M +$16.3M +105,841 +16%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$118M +$8.25M +53,439 +8%
Wells Fargo
45
Wells Fargo
California
$115M +$1.66M +10,721 +1%
HSBC Holdings
46
HSBC Holdings
United Kingdom
$112M +$6.85M +44,371 +7%
Alyeska Investment Group
47
Alyeska Investment Group
Illinois
$111M +$21.7M +140,334 +25%
Renaissance Technologies
48
Renaissance Technologies
New York
$109M +$5.24M +33,892 +5%
Swiss National Bank
49
Swiss National Bank
Switzerland
$108M -$6.67M -43,200 -6%
A
50
AustralianSuper
Australia
$107M +$73.9M +478,689 +238%
1
2
3 4 5

CAH Hedge Fund Activity: Q3 2025 in Review

1,222 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2025, worth a combined $32.5B — down 5.9% from $34.5B a quarter earlier.

Sellers outnumbered buyers: 126 funds closed out of CAH and 117 opened new positions — a net loss of 9 holders — while 457 trimmed existing stakes and 438 added.

The largest buyer was Wellington Management Group, adding an estimated $542M. The largest seller was Marshall Wace, cutting an estimated $288M.

  • 1,222 institutional investors held Cardinal Health (CAH) as of Q3 2025, down from 1,253 in Q2 2025.
  • Funds reported $32.5B of Cardinal Health stock for Q3 2025, down 5.9% quarter-over-quarter.
  • 117 funds opened new Cardinal Health positions in Q3 2025 and 126 closed out, a net change of -9 holders.
  • The largest Cardinal Health buyer in Q3 2025 was Wellington Management Group, an estimated $542M added.
  • The largest Cardinal Health seller in Q3 2025 was Marshall Wace, an estimated $288M sold.

Based on aggregated 13F filings for Q3 2025.