Cardinal Health
1,058 hedge funds and large institutions have $24.3B invested in Cardinal Health in 2024 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 378 increasing their positions, 405 reducing their positions, and 80 closing their positions.
74% more call options, than puts
Call options by funds: $287M | Put options by funds: $165M
40% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 80
11% more capital invested
Capital invested by funds: $21.9B → $24.3B (+$2.38B)
2% more funds holding
Funds holding: 1,038 → 1,058 (+20)
1.22% more ownership
Funds ownership: 88.18% → 89.4% (+1.2%)
7% less repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 405
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$134M |
| 2 |
JP Morgan Chase
New York
|
+$122M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$120M |
| 4 |
Holocene Advisors
New York
|
+$79.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$77.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$499M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$89.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$69.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$60.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$60.5M |
CAH Hedge Fund Activity: Q1 2024 in Review
1,058 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q1 2024, worth a combined $24.3B — up 11% from $21.9B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new CAH positions and 80 closed out — a net gain of 32 holders — while 378 added to existing stakes and 405 trimmed.
The largest buyer was BlackRock, adding an estimated $134M. The largest seller was Morgan Stanley, cutting an estimated $499M.
- 1,058 institutional investors held Cardinal Health (CAH) as of Q1 2024, up from 1,038 in Q4 2023.
- Funds reported $24.3B of Cardinal Health stock for Q1 2024, up 11% quarter-over-quarter.
- 112 funds opened new Cardinal Health positions in Q1 2024 and 80 closed out, a net change of +32 holders.
- The largest Cardinal Health buyer in Q1 2024 was BlackRock, an estimated $134M added.
- The largest Cardinal Health seller in Q1 2024 was Morgan Stanley, an estimated $499M sold.
Based on aggregated 13F filings for Q1 2024.