Cardinal Health
648 hedge funds and large institutions have $19.8B invested in Cardinal Health in 2013 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 201 increasing their positions, 258 reducing their positions, and 35 closing their positions.
211% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 35
100% more funds holding in top 10
Funds holding in top 10: 8 → 16 (+8)
29% more capital invested
Capital invested by funds: $15.4B → $19.8B (+$4.46B)
12% more funds holding
Funds holding: 577 → 648 (+71)
0.19% more ownership
Funds ownership: 86.88% → 87.08% (+0.19%)
22% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 258
24% less call options, than puts
Call options by funds: $80.8M | Put options by funds: $106M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$362M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$329M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$188M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$112M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$99.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$442M |
| 2 |
JP Morgan Chase
New York
|
-$218M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$204M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$182M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$94.3M |
CAH Hedge Fund Activity: Q4 2013 in Review
648 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2013, worth a combined $19.8B — up 29% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new CAH positions and 35 closed out — a net gain of 74 holders — while 201 added to existing stakes and 258 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $362M. The largest seller was Wellington Management Group, cutting an estimated $442M.
- 648 institutional investors held Cardinal Health (CAH) as of Q4 2013, up from 577 in Q3 2013.
- Funds reported $19.8B of Cardinal Health stock for Q4 2013, up 29% quarter-over-quarter.
- 109 funds opened new Cardinal Health positions in Q4 2013 and 35 closed out, a net change of +74 holders.
- The largest Cardinal Health buyer in Q4 2013 was T. Rowe Price Associates, an estimated $362M added.
- The largest Cardinal Health seller in Q4 2013 was Wellington Management Group, an estimated $442M sold.
Based on aggregated 13F filings for Q4 2013.