Cardinal Health
577 hedge funds and large institutions have $15.5B invested in Cardinal Health in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 208 increasing their positions, 210 reducing their positions, and 35 closing their positions.
91% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 35
25% more call options, than puts
Call options by funds: $57.4M | Put options by funds: $45.8M
13% more capital invested
Capital invested by funds: $13.8B → $15.5B (+$1.74B)
5% more funds holding
Funds holding: 550 → 577 (+27)
2.04% more ownership
Funds ownership: 85.57% → 87.61% (+2%)
1% less repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 210
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$140M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$88.1M |
| 3 |
Goldman Sachs
New York
|
+$67.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$64.3M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$122M |
| 2 |
JP Morgan Chase
New York
|
-$108M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$81.3M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$56.8M |
| 5 |
BJ
BlackRock Japan
Tokyo,
Japan
|
-$49.9M |
CAH Hedge Fund Activity: Q3 2013 in Review
577 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2013, worth a combined $15.5B — up 13% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new CAH positions and 35 closed out — a net gain of 32 holders — while 208 added to existing stakes and 210 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $140M. The largest seller was BlackRock Institutional Trust, cutting an estimated $122M.
- 577 institutional investors held Cardinal Health (CAH) as of Q3 2013, up from 550 in Q2 2013.
- Funds reported $15.5B of Cardinal Health stock for Q3 2013, up 13% quarter-over-quarter.
- 67 funds opened new Cardinal Health positions in Q3 2013 and 35 closed out, a net change of +32 holders.
- The largest Cardinal Health buyer in Q3 2013 was OppenheimerFunds, an estimated $140M added.
- The largest Cardinal Health seller in Q3 2013 was BlackRock Institutional Trust, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2013.