Cardinal Health
948 hedge funds and large institutions have $20.7B invested in Cardinal Health in 2023 Q2 according to their latest regulatory filings, with 125 funds opening new positions, 316 increasing their positions, 356 reducing their positions, and 79 closing their positions.
160% more funds holding in top 10
Funds holding in top 10: 10 → 26 (+16)
58% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 79
57% more call options, than puts
Call options by funds: $356M | Put options by funds: $227M
23% more capital invested
Capital invested by funds: $16.8B → $20.7B (+$3.89B)
5% more funds holding
Funds holding: 906 → 948 (+42)
0.19% more ownership
Funds ownership: 85.9% → 86.09% (+0.19%)
11% less repeat investments, than reductions
Existing positions increased: 316 | Existing positions reduced: 356
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$164M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$129M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$107M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$88.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$75.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$222M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$120M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$71.8M |
| 4 |
BlackRock
New York
|
-$69.3M |
| 5 |
Morgan Stanley
New York
|
-$62.1M |
CAH Hedge Fund Activity: Q2 2023 in Review
948 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q2 2023, worth a combined $20.7B — up 23% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new CAH positions and 79 closed out — a net gain of 46 holders — while 316 added to existing stakes and 356 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $164M. The largest seller was Citadel Advisors, cutting an estimated $222M.
- 948 institutional investors held Cardinal Health (CAH) as of Q2 2023, up from 906 in Q1 2023.
- Funds reported $20.7B of Cardinal Health stock for Q2 2023, up 23% quarter-over-quarter.
- 125 funds opened new Cardinal Health positions in Q2 2023 and 79 closed out, a net change of +46 holders.
- The largest Cardinal Health buyer in Q2 2023 was Man Group, an estimated $164M added.
- The largest Cardinal Health seller in Q2 2023 was Citadel Advisors, an estimated $222M sold.
Based on aggregated 13F filings for Q2 2023.