Cardinal Health
1,015 hedge funds and large institutions have $23.3B invested in Cardinal Health in 2024 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 336 increasing their positions, 423 reducing their positions, and 82 closing their positions.
111% more call options, than puts
Call options by funds: $258M | Put options by funds: $123M
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
23% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 82
11% more capital invested
Capital invested by funds: $21B → $23.3B (+$2.35B)
1% more funds holding
Funds holding: 1,009 → 1,015 (+6)
0.38% less ownership
Funds ownership: 87.73% → 87.35% (-0.38%)
21% less repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 423
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$127M |
| 2 |
BlackRock
New York
|
+$123M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$89.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$65.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$61.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$71.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$67.2M |
| 3 |
Pzena Investment Management
New York
|
-$65.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$60.1M |
| 5 |
Holocene Advisors
New York
|
-$59.1M |
CAH Hedge Fund Activity: Q3 2024 in Review
1,015 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2024, worth a combined $23.3B — up 11% from $21B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new CAH positions and 82 closed out — a net gain of 19 holders — while 336 added to existing stakes and 423 trimmed.
The largest buyer was Marshall Wace, adding an estimated $127M. The largest seller was Fidelity Investments, cutting an estimated $71.7M.
- 1,015 institutional investors held Cardinal Health (CAH) as of Q3 2024, up from 1,009 in Q2 2024.
- Funds reported $23.3B of Cardinal Health stock for Q3 2024, up 11% quarter-over-quarter.
- 101 funds opened new Cardinal Health positions in Q3 2024 and 82 closed out, a net change of +19 holders.
- The largest Cardinal Health buyer in Q3 2024 was Marshall Wace, an estimated $127M added.
- The largest Cardinal Health seller in Q3 2024 was Fidelity Investments, an estimated $71.7M sold.
Based on aggregated 13F filings for Q3 2024.