Cardinal Health
779 hedge funds and large institutions have $13.1B invested in Cardinal Health in 2020 Q4 according to their latest regulatory filings, with 118 funds opening new positions, 265 increasing their positions, 273 reducing their positions, and 69 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
71% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 69
13% more capital invested
Capital invested by funds: $11.6B → $13.1B (+$1.49B)
5% more funds holding
Funds holding: 740 → 779 (+39)
0.54% less ownership
Funds ownership: 84.81% → 84.26% (-0.54%)
3% less repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 273
31% less call options, than puts
Call options by funds: $95.9M | Put options by funds: $139M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$44.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$42.5M |
| 3 |
APM
Avidity Partners Management
Dallas,
Texas
|
+$41.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$22M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$52.7M |
| 2 |
Renaissance Technologies
New York
|
-$38.1M |
| 3 |
KBC Group
Brussels,
Belgium
|
-$37.5M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$37.4M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$30.5M |
CAH Hedge Fund Activity: Q4 2020 in Review
779 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2020, worth a combined $13.1B — up 13% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new CAH positions and 69 closed out — a net gain of 49 holders — while 265 added to existing stakes and 273 trimmed.
The largest buyer was State Street, adding an estimated $44.9M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $52.7M.
- 779 institutional investors held Cardinal Health (CAH) as of Q4 2020, up from 740 in Q3 2020.
- Funds reported $13.1B of Cardinal Health stock for Q4 2020, up 13% quarter-over-quarter.
- 118 funds opened new Cardinal Health positions in Q4 2020 and 69 closed out, a net change of +49 holders.
- The largest Cardinal Health buyer in Q4 2020 was State Street, an estimated $44.9M added.
- The largest Cardinal Health seller in Q4 2020 was State of Tennessee, Department of Treasury, an estimated $52.7M sold.
Based on aggregated 13F filings for Q4 2020.