Cardinal Health
808 hedge funds and large institutions have $21.7B invested in Cardinal Health in 2016 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 314 increasing their positions, 302 reducing their positions, and 59 closing their positions.
41% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 59
2% more funds holding
Funds holding: 794 → 808 (+14)
4% more repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 302
4% more call options, than puts
Call options by funds: $60.4M | Put options by funds: $58.2M
0.94% more ownership
Funds ownership: 84.41% → 85.35% (+0.94%)
5% less capital invested
Capital invested by funds: $22.8B → $21.7B (-$1.09B)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$533M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$180M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$170M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$118M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$79.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$272M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$241M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$187M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$123M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$82.4M |
CAH Hedge Fund Activity: Q2 2016 in Review
808 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2016, worth a combined $21.7B — down 4.8% from $22.8B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new CAH positions and 59 closed out — a net gain of 24 holders — while 314 added to existing stakes and 302 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $533M. The largest seller was Ameriprise, cutting an estimated $272M.
- 808 institutional investors held Cardinal Health (CAH) as of Q2 2016, up from 794 in Q1 2016.
- Funds reported $21.7B of Cardinal Health stock for Q2 2016, down 4.8% quarter-over-quarter.
- 83 funds opened new Cardinal Health positions in Q2 2016 and 59 closed out, a net change of +24 holders.
- The largest Cardinal Health buyer in Q2 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $533M added.
- The largest Cardinal Health seller in Q2 2016 was Ameriprise, an estimated $272M sold.
Based on aggregated 13F filings for Q2 2016.