Cardinal Health
686 hedge funds and large institutions have $12.5B invested in Cardinal Health in 2019 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 276 increasing their positions, 224 reducing their positions, and 75 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 224
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
5% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 75
0.08% more ownership
Funds ownership: 89.57% → 89.65% (+0.08%)
2% less capital invested
Capital invested by funds: $12.8B → $12.5B (-$283M)
1% less funds holding
Funds holding: 693 → 686 (-7)
27% less call options, than puts
Call options by funds: $83.3M | Put options by funds: $114M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$105M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$83.4M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$66.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$58.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$53.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$190M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$98.1M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$74.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$73.8M |
| 5 |
BlackRock
New York
|
-$59M |
CAH Hedge Fund Activity: Q2 2019 in Review
686 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2019, worth a combined $12.5B — down 2.2% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CAH positions and 75 closed out — a net gain of 4 holders — while 276 added to existing stakes and 224 trimmed.
The largest buyer was Swedbank, opening a new position worth an estimated $105M. The largest seller was Wellington Management Group, cutting an estimated $190M.
- 686 institutional investors held Cardinal Health (CAH) as of Q2 2019, down from 693 in Q1 2019.
- Funds reported $12.5B of Cardinal Health stock for Q2 2019, down 2.2% quarter-over-quarter.
- 79 funds opened new Cardinal Health positions in Q2 2019 and 75 closed out, a net change of +4 holders.
- The largest Cardinal Health buyer in Q2 2019 was Swedbank, an estimated $105M added.
- The largest Cardinal Health seller in Q2 2019 was Wellington Management Group, an estimated $190M sold.
Based on aggregated 13F filings for Q2 2019.