Cardinal Health
794 hedge funds and large institutions have $22.8B invested in Cardinal Health in 2016 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 300 increasing their positions, 297 reducing their positions, and 56 closing their positions.
29% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 56
2% more funds holding
Funds holding: 782 → 794 (+12)
1% more repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 297
1.41% less ownership
Funds ownership: 85.82% → 84.41% (-1.4%)
10% less capital invested
Capital invested by funds: $25.2B → $22.8B (-$2.45B)
17% less call options, than puts
Call options by funds: $47.8M | Put options by funds: $57.9M
33% less funds holding in top 10
Funds holding in top 10: 21 → 14 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$90.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$61.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$51.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$50.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$94.4M |
| 2 |
Bank of New York Mellon
New York
|
-$75.1M |
| 3 |
SC
Samlyn Capital
New York
|
-$65.9M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$51.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$51M |
CAH Hedge Fund Activity: Q1 2016 in Review
794 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q1 2016, worth a combined $22.8B — down 9.7% from $25.2B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new CAH positions and 56 closed out — a net gain of 16 holders — while 300 added to existing stakes and 297 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $90.1M. The largest seller was Goldman Sachs, cutting an estimated $94.4M.
- 794 institutional investors held Cardinal Health (CAH) as of Q1 2016, up from 782 in Q4 2015.
- Funds reported $22.8B of Cardinal Health stock for Q1 2016, down 9.7% quarter-over-quarter.
- 72 funds opened new Cardinal Health positions in Q1 2016 and 56 closed out, a net change of +16 holders.
- The largest Cardinal Health buyer in Q1 2016 was Wellington Management Group, an estimated $90.1M added.
- The largest Cardinal Health seller in Q1 2016 was Goldman Sachs, an estimated $94.4M sold.
Based on aggregated 13F filings for Q1 2016.