Cardinal Health
710 hedge funds and large institutions have $13.5B invested in Cardinal Health in 2018 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 256 increasing their positions, 256 reducing their positions, and 105 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 256
3.19% less ownership
Funds ownership: 91.83% → 88.64% (-3.2%)
4% less funds holding
Funds holding: 736 → 710 (-26)
16% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 105
26% less capital invested
Capital invested by funds: $18.1B → $13.5B (-$4.65B)
45% less call options, than puts
Call options by funds: $47.6M | Put options by funds: $87M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$117M |
| 2 |
Millennium Management
New York
|
+$113M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$104M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$86.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$64.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$462M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$281M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$273M |
| 4 |
GCM
Glenview Capital Management
New York
|
-$189M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
-$89.7M |
CAH Hedge Fund Activity: Q2 2018 in Review
710 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2018, worth a combined $13.5B — down 26% from $18.1B a quarter earlier.
Sellers outnumbered buyers: 105 funds closed out of CAH and 88 opened new positions — a net loss of 17 holders — while 256 trimmed existing stakes and 256 added.
The largest buyer was Macquarie Group, adding an estimated $117M. The largest seller was Wellington Management Group, cutting an estimated $462M.
- 710 institutional investors held Cardinal Health (CAH) as of Q2 2018, down from 736 in Q1 2018.
- Funds reported $13.5B of Cardinal Health stock for Q2 2018, down 26% quarter-over-quarter.
- 88 funds opened new Cardinal Health positions in Q2 2018 and 105 closed out, a net change of -17 holders.
- The largest Cardinal Health buyer in Q2 2018 was Macquarie Group, an estimated $117M added.
- The largest Cardinal Health seller in Q2 2018 was Wellington Management Group, an estimated $462M sold.
Based on aggregated 13F filings for Q2 2018.