Cardinal Health
721 hedge funds and large institutions have $12B invested in Cardinal Health in 2020 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 251 increasing their positions, 267 reducing their positions, and 82 closing their positions.
160% more funds holding in top 10
Funds holding in top 10: 5 → 13 (+8)
21% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 82
1% more funds holding
Funds holding: 714 → 721 (+7)
6% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 267
2.29% less ownership
Funds ownership: 88.25% → 85.96% (-2.3%)
8% less capital invested
Capital invested by funds: $13.1B → $12B (-$1.04B)
46% less call options, than puts
Call options by funds: $68.2M | Put options by funds: $126M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$136M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$85.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$83.1M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$73.5M |
| 5 |
Man Group
London,
United Kingdom
|
+$57.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$202M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$185M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$183M |
| 4 |
State Street
Boston,
Massachusetts
|
-$82.6M |
| 5 |
Goldman Sachs
New York
|
-$55.4M |
CAH Hedge Fund Activity: Q1 2020 in Review
721 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q1 2020, worth a combined $12B — down 7.9% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new CAH positions and 82 closed out — a net gain of 17 holders — while 251 added to existing stakes and 267 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $136M. The largest seller was Invesco, cutting an estimated $202M.
- 721 institutional investors held Cardinal Health (CAH) as of Q1 2020, up from 714 in Q4 2019.
- Funds reported $12B of Cardinal Health stock for Q1 2020, down 7.9% quarter-over-quarter.
- 99 funds opened new Cardinal Health positions in Q1 2020 and 82 closed out, a net change of +17 holders.
- The largest Cardinal Health buyer in Q1 2020 was T. Rowe Price Associates, an estimated $136M added.
- The largest Cardinal Health seller in Q1 2020 was Invesco, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2020.