Cardinal Health
773 hedge funds and large institutions have $20.3B invested in Cardinal Health in 2016 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 251 increasing their positions, 304 reducing their positions, and 86 closing their positions.
17% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 86
1.69% more ownership
Funds ownership: 86.44% → 88.13% (+1.7%)
0% more funds holding
Funds holding: 771 → 773 (+2)
5% less call options, than puts
Call options by funds: $49.3M | Put options by funds: $51.7M
5% less capital invested
Capital invested by funds: $21.3B → $20.3B (-$1B)
17% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 304
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$370M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$323M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$313M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$131M |
| 5 |
Two Sigma Advisers
New York
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$123M |
| 2 |
TPI
Tesco Pension Investment
London,
United Kingdom
|
-$102M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$85.7M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$65.4M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$58.9M |
CAH Hedge Fund Activity: Q4 2016 in Review
773 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2016, worth a combined $20.3B — down 4.7% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new CAH positions and 86 closed out — a net gain of 15 holders — while 251 added to existing stakes and 304 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $370M. The largest seller was Victory Capital Management, cutting an estimated $123M.
- 773 institutional investors held Cardinal Health (CAH) as of Q4 2016, up from 771 in Q3 2016.
- Funds reported $20.3B of Cardinal Health stock for Q4 2016, down 4.7% quarter-over-quarter.
- 101 funds opened new Cardinal Health positions in Q4 2016 and 86 closed out, a net change of +15 holders.
- The largest Cardinal Health buyer in Q4 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $370M added.
- The largest Cardinal Health seller in Q4 2016 was Victory Capital Management, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2016.