Cardinal Health
694 hedge funds and large institutions have $12.8B invested in Cardinal Health in 2019 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 293 increasing their positions, 221 reducing their positions, and 93 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 221
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more call options, than puts
Call options by funds: $76.8M | Put options by funds: $64.4M
10% more capital invested
Capital invested by funds: $11.6B → $12.8B (+$1.18B)
1.6% more ownership
Funds ownership: 87.97% → 89.57% (+1.6%)
3% less funds holding
Funds holding: 719 → 694 (-25)
20% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$313M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$189M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$70.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$70.5M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$58.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$374M |
| 2 |
BlackRock
New York
|
-$160M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$89.1M |
| 4 |
BG
Baupost Group
Boston,
Massachusetts
|
-$65.5M |
| 5 |
Millennium Management
New York
|
-$63.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IBOK
776
Independence Bank of Kentucky
Owensboro,
Kentucky
| – | -$4K | -100 | Closed |
|
|
MOS
777
MGO One Seven
Beachwood,
Ohio
| – | -$4K | -99 | Closed |
|
|
EWM
778
Executive Wealth Management
Brighton,
Michigan
| – | -$5K | -61 | Closed |
|
|
CHP
779
Cable Hill Partners
Portland,
Oregon
| – | -$2K | -35 | Closed |
|
|
RCG
780
Ruggie Capital Group
Tavares,
Florida
| – | -$2K | -34 | Closed |
|
781
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -25 | Closed |
|
|
FTI
782
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$1K | -20 | Closed |
|
|
PWMG
783
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$1K | -19 | Closed |
|
|
PCIA
784
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$1K | -16 | Closed |
|
|
TWA
785
TCI Wealth Advisors
Tucson,
Arizona
| – | -$601 | -12 | -55% |
|
CAH Hedge Fund Activity: Q1 2019 in Review
694 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q1 2019, worth a combined $12.8B — up 10% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of CAH and 74 opened new positions — a net loss of 19 holders — while 221 trimmed existing stakes and 293 added.
The largest buyer was Vanguard Group, adding an estimated $313M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $374M.
- 694 institutional investors held Cardinal Health (CAH) as of Q1 2019, down from 719 in Q4 2018.
- Funds reported $12.8B of Cardinal Health stock for Q1 2019, up 10% quarter-over-quarter.
- 74 funds opened new Cardinal Health positions in Q1 2019 and 93 closed out, a net change of -19 holders.
- The largest Cardinal Health buyer in Q1 2019 was Vanguard Group, an estimated $313M added.
- The largest Cardinal Health seller in Q1 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $374M sold.
Based on aggregated 13F filings for Q1 2019.