Cardinal Health
712 hedge funds and large institutions have $18.8B invested in Cardinal Health in 2017 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 254 increasing their positions, 275 reducing their positions, and 86 closing their positions.
0.56% more ownership
Funds ownership: 88.66% → 89.22% (+0.56%)
8% less repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 275
5% less funds holding
Funds holding: 747 → 712 (-35)
14% less capital invested
Capital invested by funds: $21.8B → $18.8B (-$3.01B)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
29% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 86
44% less call options, than puts
Call options by funds: $47.5M | Put options by funds: $85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$193M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$103M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$97.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$77.8M |
| 5 |
Pzena Investment Management
New York
|
+$52.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$179M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$94.1M |
| 3 |
BlackRock
New York
|
-$87.2M |
| 4 |
HM
HealthCor Management
New York
|
-$84.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$61M |
CAH Hedge Fund Activity: Q3 2017 in Review
712 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2017, worth a combined $18.8B — down 14% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of CAH and 61 opened new positions — a net loss of 25 holders — while 275 trimmed existing stakes and 254 added.
The largest buyer was Fidelity Investments, adding an estimated $193M. The largest seller was Wellington Management Group, cutting an estimated $179M.
- 712 institutional investors held Cardinal Health (CAH) as of Q3 2017, down from 747 in Q2 2017.
- Funds reported $18.8B of Cardinal Health stock for Q3 2017, down 14% quarter-over-quarter.
- 61 funds opened new Cardinal Health positions in Q3 2017 and 86 closed out, a net change of -25 holders.
- The largest Cardinal Health buyer in Q3 2017 was Fidelity Investments, an estimated $193M added.
- The largest Cardinal Health seller in Q3 2017 was Wellington Management Group, an estimated $179M sold.
Based on aggregated 13F filings for Q3 2017.