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Cardinal Health

948 hedge funds and large institutions have $20.7B invested in Cardinal Health in 2023 Q2 according to their latest regulatory filings, with 124 funds opening new positions, 318 increasing their positions, 356 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more funds holding in top 10

Funds holding in top 10: 1026 (+16)

57% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 79

57% more call options, than puts

Call options by funds: $356M | Put options by funds: $227M

23% more capital invested

Capital invested by funds: $16.8B → $20.7B (+$3.89B)

5% more funds holding

Funds holding: 907948 (+41)

0.2% more ownership

Funds ownership: 85.9%86.1% (+0.2%)

11% less repeat investments, than reductions

Existing positions increased: 318 | Existing positions reduced: 356

Holders
948
Holders Change
+41
Holders Change %
+4.52%
% of All Funds
14.88%
Holding in Top 10
26
Holding in Top 10 Change
+16
Holding in Top 10 Change %
+160%
% of All Funds
0.41%
New
124
Increased
318
Reduced
356
Closed
79
Calls
$356M
Puts
$227M
Net Calls
+$129M
Net Calls Change
-$50.9M
Name Holding Trade Value Shares
Change
Change in
Stake
SM
676
Sciencast Management
New Jersey
$311K +$279K +3,300 New
ECM
677
Evergreen Capital Management
Washington
$310K -$4.56K -54 -2%
KWS
678
Keystone Wealth Services
California
$309K -$23.7K -281 -8%
RWM
679
Revisor Wealth Management
Ohio
$309K -$41.2K -488 -13%
IP
680
Ignite Planners
California
$309K -$42.2K -500 -13%
PCM
681
Parsons Capital Management
Rhode Island
$308K
ICP
682
Interchange Capital Partners
Pennsylvania
$300K -$75.2K -890 -22%
DWT
683
Dorsey & Whitney Trust
South Dakota
$299K +$267K +3,166 New
HWM
684
HB Wealth Management
Georgia
$299K +$6.76K +80 +3%
CI
685
Cigna Investments
Connecticut
$299K -$3.8K -45 -1%
HNWAG
686
High Net Worth Advisory Group
Florida
$297K -$21.5K -255 -8%
WCBA
687
Weaver C. Barksdale & Associates
Tennessee
$296K
BAM
688
Belpointe Asset Management
Nevada
$296K -$59.1K -700 -18%
WAG
689
Windsor Advisory Group
Ohio
$295K
FL
690
Fort LP
Maryland
$292K +$261K +3,090 New
MWC
691
MBM Wealth Consultants
Missouri
$292K +$87.6K +1,037 +50%
SIA
692
Sit Investment Associates
Minnesota
$290K -$22.4K -265 -8%
ISWM
693
Independent Solutions Wealth Management
New York
$288K +$257K +3,045 New
TI
694
Truepoint Inc
Ohio
$284K +$253 +3 +0.1%
AC
695
AXQ Capital
New Jersey
$284K +$253K +3,000 New
TAM
696
Trust Asset Management
Texas
$282K
AWS
697
Arkfeld Wealth Strategies
Nebraska
$281K
BJL
698
Brighton Jones LLC
Washington
$279K +$250K +2,955 New
IAMOG
699
Investors Asset Management of Georgia
Georgia
$279K -$8.45K -100 -3%
PWMG
700
Provence Wealth Management Group
California
$278K +$248K +2,938 New

CAH Hedge Fund Activity: Q2 2023 in Review

948 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2023, worth a combined $20.7B — up 23% from $16.8B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new CAH positions and 79 closed out — a net gain of 45 holders — while 318 added to existing stakes and 356 trimmed.

The largest buyer was Man Group, opening a new position worth an estimated $164M. The largest seller was Citadel Advisors, cutting an estimated $222M.

  • 948 institutional investors held Cardinal Health (CAH) as of Q2 2023, up from 907 in Q1 2023.
  • Funds reported $20.7B of Cardinal Health stock for Q2 2023, up 23% quarter-over-quarter.
  • 124 funds opened new Cardinal Health positions in Q2 2023 and 79 closed out, a net change of +45 holders.
  • The largest Cardinal Health buyer in Q2 2023 was Man Group, an estimated $164M added.
  • The largest Cardinal Health seller in Q2 2023 was Citadel Advisors, an estimated $222M sold.

Based on aggregated 13F filings for Q2 2023.