Cardinal Health
642 hedge funds and large institutions have $22.6B invested in Cardinal Health in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 220 increasing their positions, 251 reducing their positions, and 46 closing their positions.
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
17% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 46
11% more capital invested
Capital invested by funds: $20.3B → $22.6B (+$2.25B)
0% more funds holding
Funds holding: 640 → 642 (+2)
0.15% less ownership
Funds ownership: 87.19% → 87.05% (-0.15%)
8% less call options, than puts
Call options by funds: $51.9M | Put options by funds: $56.2M
12% less repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 251
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$320M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$77.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$58.4M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$52.7M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$43.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$189M |
| 2 |
VAM
Visium Asset Management
New York
|
-$121M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$109M |
| 4 |
Goldman Sachs
New York
|
-$103M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$77.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIM
676
NuWave Investment Management
Parsippany,
New Jersey
| – | -$112K | -1,635 | Closed |
|
|
HCP
677
Holt Capital Partners
Fort Worth,
Texas
| – | -$74K | -1,075 | Closed |
|
678
Bessemer Group
Woodbridge,
New Jersey
| – | -$73K | -1,070 | Closed |
|
|
TAM
679
Tocqueville Asset Management
New York
| – | -$67K | -973 | Closed |
|
|
HCC
680
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| – | -$21K | -312 | Closed |
|
|
WAM
681
Wolverine Asset Management
Chicago,
Illinois
| – | -$21.8K | -300 | Closed |
|
|
KTC
682
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$17K | -248 | Closed |
|
|
NSIM
683
North Star Investment Management
Chicago,
Illinois
| – | -$13K | -186 | Closed |
|
|
SSG
684
Summit Securities Group
New York
| – | -$7.28K | -100 | Closed |
|
|
KLWA
685
Kelly Lawrence W & Associates
Pasadens,
California
| – | -$6K | -93 | Closed |
|
|
RFS
686
Rockefeller Financial Services
New York
| – | -$4K | -61 | Closed |
|
|
BRWA
687
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$4.04K | -59 | Closed |
|
CAH Hedge Fund Activity: Q3 2014 in Review
642 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2014, worth a combined $22.6B — up 11% from $20.3B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CAH positions and 46 closed out — a net gain of 8 holders — while 220 added to existing stakes and 251 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $320M. The largest seller was Norges Bank, cutting an estimated $189M.
- 642 institutional investors held Cardinal Health (CAH) as of Q3 2014, up from 640 in Q2 2014.
- Funds reported $22.6B of Cardinal Health stock for Q3 2014, up 11% quarter-over-quarter.
- 54 funds opened new Cardinal Health positions in Q3 2014 and 46 closed out, a net change of +8 holders.
- The largest Cardinal Health buyer in Q3 2014 was Fidelity Investments, an estimated $320M added.
- The largest Cardinal Health seller in Q3 2014 was Norges Bank, an estimated $189M sold.
Based on aggregated 13F filings for Q3 2014.