Cardinal Health
709 hedge funds and large institutions have $23B invested in Cardinal Health in 2014 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 235 increasing their positions, 260 reducing their positions, and 37 closing their positions.
197% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 37
10% more funds holding
Funds holding: 643 → 709 (+66)
5% more capital invested
Capital invested by funds: $21.9B → $23B (+$1.09B)
0.95% less ownership
Funds ownership: 87.04% → 86.09% (-0.95%)
10% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 260
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
56% less call options, than puts
Call options by funds: $40.3M | Put options by funds: $91.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$96M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$64.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$62.3M |
| 4 |
Millennium Management
New York
|
+$60.5M |
| 5 |
Morgan Stanley
New York
|
+$49.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$440M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$179M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$159M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$150M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$148M |
CAH Hedge Fund Activity: Q4 2014 in Review
709 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2014, worth a combined $23B — up 5% from $21.9B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new CAH positions and 37 closed out — a net gain of 73 holders — while 235 added to existing stakes and 260 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $96M. The largest seller was T. Rowe Price Associates, cutting an estimated $440M.
- 709 institutional investors held Cardinal Health (CAH) as of Q4 2014, up from 643 in Q3 2014.
- Funds reported $23B of Cardinal Health stock for Q4 2014, up 5% quarter-over-quarter.
- 110 funds opened new Cardinal Health positions in Q4 2014 and 37 closed out, a net change of +73 holders.
- The largest Cardinal Health buyer in Q4 2014 was Fidelity Investments, an estimated $96M added.
- The largest Cardinal Health seller in Q4 2014 was T. Rowe Price Associates, an estimated $440M sold.
Based on aggregated 13F filings for Q4 2014.