Cardinal Health
CAH
1,412 hedge funds and large institutions have $42.7B invested in Cardinal Health in 2025 Q4 according to their latest regulatory filings, with 289 funds opening new positions, 454 increasing their positions, 473 reducing their positions, and 78 closing their positions.
271% more first-time investments, than exits
New positions opened: 289 | Existing positions closed: 78
100% more funds holding in top 10
Funds holding in top 10: 8 → 16 (+8)
31% more capital invested
Capital invested by funds: $32.5B → $42.7B (+$10.2B)
15% more funds holding
Funds holding: 1,225 → 1,412 (+187)
7% more call options, than puts
Call options by funds: $364M | Put options by funds: $341M
0.51% more ownership
Funds ownership: 87.15% → 87.65% (+0.51%)
4% less repeat investments, than reductions
Existing positions increased: 454 | Existing positions reduced: 473
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$759M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$176M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$166M |
| 4 |
SG Americas Securities
New York
|
+$133M |
| 5 |
Two Sigma Investments
New York
|
+$123M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$531M |
| 2 |
Millennium Management
New York
|
-$297M |
| 3 |
Holocene Advisors
New York
|
-$176M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$169M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$154M |
CAH Hedge Fund Activity: Q4 2025 in Review
1,412 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Cardinal Health (CAH) for Q4 2025, worth a combined $42.7B — up 31% from $32.5B a quarter earlier.
Buyers outnumbered sellers: 289 funds opened new CAH positions and 78 closed out — a net gain of 211 holders — while 454 added to existing stakes and 473 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $759M. The largest seller was BlackRock, cutting an estimated $531M.
- 1,412 institutional investors held Cardinal Health (CAH) as of Q4 2025, up from 1,225 in Q3 2025.
- Funds reported $42.7B of Cardinal Health stock for Q4 2025, up 31% quarter-over-quarter.
- 289 funds opened new Cardinal Health positions in Q4 2025 and 78 closed out, a net change of +211 holders.
- The largest Cardinal Health buyer in Q4 2025 was WCM Investment Management, an estimated $759M added.
- The largest Cardinal Health seller in Q4 2025 was BlackRock, an estimated $531M sold.
Based on aggregated 13F filings for Q4 2025.