Cardinal Health
1,010 hedge funds and large institutions have $21B invested in Cardinal Health in 2024 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 364 increasing their positions, 393 reducing their positions, and 121 closing their positions.
105% more call options, than puts
Call options by funds: $236M | Put options by funds: $115M
7% less repeat investments, than reductions
Existing positions increased: 364 | Existing positions reduced: 393
1.66% less ownership
Funds ownership: 89.4% → 87.73% (-1.7%)
5% less funds holding
Funds holding: 1,058 → 1,010 (-48)
14% less capital invested
Capital invested by funds: $24.3B → $21B (-$3.28B)
26% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 121
58% less funds holding in top 10
Funds holding in top 10: 12 → 5 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$354M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$93.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$89.6M |
| 4 |
JP Morgan Chase
New York
|
+$72.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$55.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$146M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$115M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$92M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.8M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$73.9M |
CAH Hedge Fund Activity: Q2 2024 in Review
1,010 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2024, worth a combined $21B — down 14% from $24.3B a quarter earlier.
Sellers outnumbered buyers: 121 funds closed out of CAH and 90 opened new positions — a net loss of 31 holders — while 393 trimmed existing stakes and 364 added.
The largest buyer was BlackRock, adding an estimated $354M. The largest seller was Nuveen, cutting an estimated $146M.
- 1,010 institutional investors held Cardinal Health (CAH) as of Q2 2024, down from 1,058 in Q1 2024.
- Funds reported $21B of Cardinal Health stock for Q2 2024, down 14% quarter-over-quarter.
- 90 funds opened new Cardinal Health positions in Q2 2024 and 121 closed out, a net change of -31 holders.
- The largest Cardinal Health buyer in Q2 2024 was BlackRock, an estimated $354M added.
- The largest Cardinal Health seller in Q2 2024 was Nuveen, an estimated $146M sold.
Based on aggregated 13F filings for Q2 2024.