Cardinal Health
685 hedge funds and large institutions have $14.5B invested in Cardinal Health in 2018 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 247 increasing their positions, 256 reducing their positions, and 82 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
8% more capital invested
Capital invested by funds: $13.5B → $14.5B (+$1.08B)
4% less repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 256
1.41% less ownership
Funds ownership: 88.64% → 87.23% (-1.4%)
4% less funds holding
Funds holding: 710 → 685 (-25)
15% less call options, than puts
Call options by funds: $67.6M | Put options by funds: $79.9M
23% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$259M |
| 2 |
State Street
Boston,
Massachusetts
|
+$150M |
| 3 |
Renaissance Technologies
New York
|
+$112M |
| 4 |
D.E. Shaw & Co
New York
|
+$96.1M |
| 5 |
Two Sigma Advisers
New York
|
+$87.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.15B |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$88.1M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$43.5M |
| 4 |
MCI
McDonald Capital Investors
Orinda,
California
|
-$33.9M |
| 5 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$29.4M |
CAH Hedge Fund Activity: Q3 2018 in Review
685 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2018, worth a combined $14.5B — up 8% from $13.5B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of CAH and 63 opened new positions — a net loss of 19 holders — while 256 trimmed existing stakes and 247 added.
The largest buyer was Vanguard Group, adding an estimated $259M. The largest seller was Wellington Management Group, cutting an estimated $1.15B.
- 685 institutional investors held Cardinal Health (CAH) as of Q3 2018, down from 710 in Q2 2018.
- Funds reported $14.5B of Cardinal Health stock for Q3 2018, up 8% quarter-over-quarter.
- 63 funds opened new Cardinal Health positions in Q3 2018 and 82 closed out, a net change of -19 holders.
- The largest Cardinal Health buyer in Q3 2018 was Vanguard Group, an estimated $259M added.
- The largest Cardinal Health seller in Q3 2018 was Wellington Management Group, an estimated $1.15B sold.
Based on aggregated 13F filings for Q3 2018.