Cardinal Health
643 hedge funds and large institutions have $21.9B invested in Cardinal Health in 2014 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 219 increasing their positions, 251 reducing their positions, and 46 closing their positions.
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
20% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 46
0% more funds holding
Funds holding: 640 → 643 (+3)
0.15% less ownership
Funds ownership: 87.19% → 87.04% (-0.15%)
8% less call options, than puts
Call options by funds: $51.9M | Put options by funds: $56.2M
13% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 251
17% less capital inflows, than outflows
Capital inflows: $1.29B | Capital outflows: $1.55B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$320M |
| 2 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$77.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$58.4M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$52.7M |
| 5 |
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$43.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$189M |
| 2 |
Visium Asset Management
New York
|
-$121M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$109M |
| 4 |
Goldman Sachs
New York
|
-$103M |
| 5 |
BlackRock Institutional Trust
San Francisco,
California
|
-$77.8M |
CAH Hedge Fund Activity: Q3 2014 in Review
643 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q3 2014, worth a combined $21.9B — up 7.8% from $20.3B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CAH positions and 46 closed out — a net gain of 9 holders — while 219 added to existing stakes and 251 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $320M. The largest seller was Norges Bank, cutting an estimated $189M.
- 643 institutional investors held Cardinal Health (CAH) as of Q3 2014, up from 640 in Q2 2014.
- Funds reported $21.9B of Cardinal Health stock for Q3 2014, up 7.8% quarter-over-quarter.
- 55 funds opened new Cardinal Health positions in Q3 2014 and 46 closed out, a net change of +9 holders.
- The largest Cardinal Health buyer in Q3 2014 was Fidelity Investments, an estimated $320M added.
- The largest Cardinal Health seller in Q3 2014 was Norges Bank, an estimated $189M sold.
Based on aggregated 13F filings for Q3 2014.