Cardinal Health
640 hedge funds and large institutions have $20.3B invested in Cardinal Health in 2014 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 244 increasing their positions, 239 reducing their positions, and 50 closing their positions.
1.98% more ownership
Funds ownership: 85.21% → 87.19% (+2%)
2% more repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 239
0% less capital invested
Capital invested by funds: $20.4B → $20.3B (-$101M)
4% less call options, than puts
Call options by funds: $63.3M | Put options by funds: $66M
2% less funds holding
Funds holding: 653 → 640 (-13)
14% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 50
28% less funds holding in top 10
Funds holding in top 10: 18 → 13 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$177M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$108M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$103M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$76.7M |
| 5 |
Bank of New York Mellon
New York
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$116M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$91.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$77.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$58.5M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
-$55.4M |
CAH Hedge Fund Activity: Q2 2014 in Review
640 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2014, worth a combined $20.3B — down 0.5% from $20.4B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CAH and 43 opened new positions — a net loss of 7 holders — while 239 trimmed existing stakes and 244 added.
The largest buyer was Norges Bank, adding an estimated $177M. The largest seller was Sound Shore Management, exiting entirely with an estimated $116M sold.
- 640 institutional investors held Cardinal Health (CAH) as of Q2 2014, down from 653 in Q1 2014.
- Funds reported $20.3B of Cardinal Health stock for Q2 2014, down 0.5% quarter-over-quarter.
- 43 funds opened new Cardinal Health positions in Q2 2014 and 50 closed out, a net change of -7 holders.
- The largest Cardinal Health buyer in Q2 2014 was Norges Bank, an estimated $177M added.
- The largest Cardinal Health seller in Q2 2014 was Sound Shore Management, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2014.