Cardinal Health
1,149 hedge funds and large institutions have $28.6B invested in Cardinal Health in 2025 Q1 according to their latest regulatory filings, with 152 funds opening new positions, 408 increasing their positions, 411 reducing their positions, and 84 closing their positions.
81% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 84
73% more funds holding in top 10
Funds holding in top 10: 11 → 19 (+8)
15% more capital invested
Capital invested by funds: $24.9B → $28.6B (+$3.75B)
5% more funds holding
Funds holding: 1,098 → 1,149 (+51)
1% less repeat investments, than reductions
Existing positions increased: 408 | Existing positions reduced: 411
0.82% less ownership
Funds ownership: 86.84% → 86.02% (-0.82%)
35% less call options, than puts
Call options by funds: $336M | Put options by funds: $521M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$287M |
| 2 |
JP Morgan Chase
New York
|
+$152M |
| 3 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$118M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$109M |
| 5 |
Holocene Advisors
New York
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$254M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$195M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$165M |
| 4 |
Renaissance Technologies
New York
|
-$139M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$114M |
CAH Hedge Fund Activity: Q1 2025 in Review
1,149 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q1 2025, worth a combined $28.6B — up 15% from $24.9B a quarter earlier.
Buyers outnumbered sellers: 152 funds opened new CAH positions and 84 closed out — a net gain of 68 holders — while 408 added to existing stakes and 411 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $287M. The largest seller was Millennium Management, cutting an estimated $254M.
- 1,149 institutional investors held Cardinal Health (CAH) as of Q1 2025, up from 1,098 in Q4 2024.
- Funds reported $28.6B of Cardinal Health stock for Q1 2025, up 15% quarter-over-quarter.
- 152 funds opened new Cardinal Health positions in Q1 2025 and 84 closed out, a net change of +68 holders.
- The largest Cardinal Health buyer in Q1 2025 was Wellington Management Group, an estimated $287M added.
- The largest Cardinal Health seller in Q1 2025 was Millennium Management, an estimated $254M sold.
Based on aggregated 13F filings for Q1 2025.