Cardinal Health
781 hedge funds and large institutions have $13.2B invested in Cardinal Health in 2020 Q4 according to their latest regulatory filings, with 118 funds opening new positions, 265 increasing their positions, 274 reducing their positions, and 68 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
74% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 68
14% more capital invested
Capital invested by funds: $11.7B → $13.2B (+$1.58B)
5% more funds holding
Funds holding: 741 → 781 (+40)
0.41% less ownership
Funds ownership: 84.65% → 84.24% (-0.41%)
3% less repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 274
32% less call options, than puts
Call options by funds: $97.3M | Put options by funds: $144M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$44.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$42.5M |
| 3 |
APM
Avidity Partners Management
Dallas,
Texas
|
+$41.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$22M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$52.7M |
| 2 |
Renaissance Technologies
New York
|
-$38.1M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$37.4M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$30.5M |
| 5 |
Bank of New York Mellon
New York
|
-$25M |
CAH Hedge Fund Activity: Q4 2020 in Review
781 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2020, worth a combined $13.2B — up 14% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new CAH positions and 68 closed out — a net gain of 50 holders — while 265 added to existing stakes and 274 trimmed.
The largest buyer was State Street, adding an estimated $44.9M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $52.7M.
- 781 institutional investors held Cardinal Health (CAH) as of Q4 2020, up from 741 in Q3 2020.
- Funds reported $13.2B of Cardinal Health stock for Q4 2020, up 14% quarter-over-quarter.
- 118 funds opened new Cardinal Health positions in Q4 2020 and 68 closed out, a net change of +50 holders.
- The largest Cardinal Health buyer in Q4 2020 was State Street, an estimated $44.9M added.
- The largest Cardinal Health seller in Q4 2020 was State of Tennessee, Department of Treasury, an estimated $52.7M sold.
Based on aggregated 13F filings for Q4 2020.