Cardinal Health
765 hedge funds and large institutions have $13.2B invested in Cardinal Health in 2020 Q2 according to their latest regulatory filings, with 104 funds opening new positions, 251 increasing their positions, 310 reducing their positions, and 53 closing their positions.
96% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 53
9% more capital invested
Capital invested by funds: $12.1B → $13.2B (+$1.11B)
6% more funds holding
Funds holding: 721 → 765 (+44)
0.25% more ownership
Funds ownership: 86.27% → 86.53% (+0.25%)
15% less call options, than puts
Call options by funds: $111M | Put options by funds: $131M
19% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 310
54% less funds holding in top 10
Funds holding in top 10: 13 → 6 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$117M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$98.2M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$34M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$32.8M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$93.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$63.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$59.4M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$57.7M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$57.3M |
CAH Hedge Fund Activity: Q2 2020 in Review
765 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2020, worth a combined $13.2B — up 9.2% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new CAH positions and 53 closed out — a net gain of 51 holders — while 251 added to existing stakes and 310 trimmed.
The largest buyer was BlackRock, adding an estimated $117M. The largest seller was State Street, cutting an estimated $93.3M.
- 765 institutional investors held Cardinal Health (CAH) as of Q2 2020, up from 721 in Q1 2020.
- Funds reported $13.2B of Cardinal Health stock for Q2 2020, up 9.2% quarter-over-quarter.
- 104 funds opened new Cardinal Health positions in Q2 2020 and 53 closed out, a net change of +51 holders.
- The largest Cardinal Health buyer in Q2 2020 was BlackRock, an estimated $117M added.
- The largest Cardinal Health seller in Q2 2020 was State Street, an estimated $93.3M sold.
Based on aggregated 13F filings for Q2 2020.