Cardinal Health
713 hedge funds and large institutions have $13.1B invested in Cardinal Health in 2019 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 222 increasing their positions, 265 reducing their positions, and 56 closing their positions.
114% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 56
8% more funds holding
Funds holding: 663 → 713 (+50)
5% more capital invested
Capital invested by funds: $12.4B → $13.1B (+$640M)
1.93% less ownership
Funds ownership: 90.17% → 88.25% (-1.9%)
16% less repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 265
21% less call options, than puts
Call options by funds: $120M | Put options by funds: $152M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$91.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$51.3M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$30.6M |
| 4 |
Barclays
London,
United Kingdom
|
+$25.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$94.8M |
| 2 |
JP Morgan Chase
New York
|
-$93.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$71.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$51.2M |
| 5 |
AIG
American International Group
New York
|
-$50.6M |
CAH Hedge Fund Activity: Q4 2019 in Review
713 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2019, worth a combined $13.1B — up 5.1% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new CAH positions and 56 closed out — a net gain of 64 holders — while 222 added to existing stakes and 265 trimmed.
The largest buyer was Macquarie Group, adding an estimated $91.7M. The largest seller was AQR Capital Management, cutting an estimated $94.8M.
- 713 institutional investors held Cardinal Health (CAH) as of Q4 2019, up from 663 in Q3 2019.
- Funds reported $13.1B of Cardinal Health stock for Q4 2019, up 5.1% quarter-over-quarter.
- 120 funds opened new Cardinal Health positions in Q4 2019 and 56 closed out, a net change of +64 holders.
- The largest Cardinal Health buyer in Q4 2019 was Macquarie Group, an estimated $91.7M added.
- The largest Cardinal Health seller in Q4 2019 was AQR Capital Management, an estimated $94.8M sold.
Based on aggregated 13F filings for Q4 2019.