Cardinal Health
748 hedge funds and large institutions have $12B invested in Cardinal Health in 2021 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 322 increasing their positions, 237 reducing their positions, and 93 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 237
16% more call options, than puts
Call options by funds: $150M | Put options by funds: $129M
0.53% more ownership
Funds ownership: 84.74% → 85.27% (+0.53%)
5% less funds holding
Funds holding: 789 → 748 (-41)
14% less capital invested
Capital invested by funds: $13.9B → $12B (-$1.9B)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
34% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$94.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$78M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$77.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.4M |
| 5 |
JP Morgan Chase
New York
|
+$46.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$153M |
| 2 |
AIG
American International Group
New York
|
-$150M |
| 3 |
BlackRock
New York
|
-$96.3M |
| 4 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$71.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$66.9M |
CAH Hedge Fund Activity: Q3 2021 in Review
748 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2021, worth a combined $12B — down 14% from $13.9B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of CAH and 61 opened new positions — a net loss of 32 holders — while 237 trimmed existing stakes and 322 added.
The largest buyer was State Street, adding an estimated $94.1M. The largest seller was Macquarie Group, cutting an estimated $153M.
- 748 institutional investors held Cardinal Health (CAH) as of Q3 2021, down from 789 in Q2 2021.
- Funds reported $12B of Cardinal Health stock for Q3 2021, down 14% quarter-over-quarter.
- 61 funds opened new Cardinal Health positions in Q3 2021 and 93 closed out, a net change of -32 holders.
- The largest Cardinal Health buyer in Q3 2021 was State Street, an estimated $94.1M added.
- The largest Cardinal Health seller in Q3 2021 was Macquarie Group, an estimated $153M sold.
Based on aggregated 13F filings for Q3 2021.