CARDINAL HEALTH INC CAH
COM · Common Stock · CUSIP 14149Y108 · ISIN US14149Y1082
- SectorHealth care
- IndustryWholesale-Drugs, Proprietaries & Druggists' Sundries
- HeadquartersDublin, OH
- Founded1971
- Websitecardinalhealth.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($55.9m this quarter). Holder counts are more reliable. Shares outstanding: 257.6m as of 2023-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $76.85. Options: 26 managers hold calls ($227.9m notional), 31 hold puts ($179.1m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 851 |
| Q4 2022 | 932 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $322.3m | $204.7m | 0.64 |
| Q4 2022 | $227.9m | $179.1m | 0.79 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.3m |
| AMERIPRISE FINANCIAL INC | Added | +1.1m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +1.0m |
| Pacer Advisors, Inc. | Added | +878.4k |
| BlackRock Inc. | Added | +827.1k |
| Man Group plc | Added | +599.7k |
| Balyasny Asset Management L.P. | Added | +576.2k |
| GOLDMAN SACHS GROUP INC | Added | +562.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +551.6k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +545.9k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -3.2m |
| STATE STREET CORP | Reduced | -2.8m |
| NOMURA HOLDINGS INC | Reduced | -2.5m |
| Bank of New York Mellon Corp | Reduced | -2.3m |
| Amundi | Reduced | -1.3m |
| CFS Investment Advisory Services, LLC | Reduced | -1.3m |
| Nuveen Asset Management, LLC | Reduced | -1.3m |
| EQUITY INVESTMENT CORP | Sold out | -1.1m |
| JPMORGAN CHASE & CO | Reduced | -924.1k |
| MARSHALL WACE, LLP | Reduced | -853.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $56.7m737.6k shares |
| CITADEL ADVISORS LLC | Reduced | $43.6m567.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $21.9m285.0k shares |
| JANE STREET GROUP, LLC | Reduced | $13.5m175.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.8m166.8k shares |
| D. E. Shaw & Co., Inc. | Added | $11.4m148.2k shares |
| GROUP ONE TRADING LLC | Reduced | $10.6m137.7k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $9.0m1.2k shares |
| Walleye Trading LLC | Reduced | $8.4m109.1k shares |
| Cubist Systematic Strategies, LLC | Reduced | $8.4m108.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $35.6m462.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.5m319.3k shares |
| Walleye Trading LLC | Reduced | $20.4m265.3k shares |
| Cubist Systematic Strategies, LLC | Added | $16.1m210.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $12.7m1.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.5m110.2k shares |
| BARCLAYS PLC | First filing | $7.5m97.2k shares |
| GROUP ONE TRADING LLC | Reduced | $7.4m96.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $6.7m86.6k shares |
| JANE STREET GROUP, LLC | Reduced | $5.9m76.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-07 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution new · filed 2026-08-13 | 6.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), BlackRock Portfolio Management LLC (3.8%, 2026-01-21; now reported by BlackRock, Inc.)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $10.4k | 1 | $491.7k | — |
| Q1 2022 | 1 | $5.9k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $42.2k | 2 | $6.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-11-15 | Brennan Michelle Director | Bought | $14.9k200 shares |
| 2022-11-14 | Brennan Michelle Director | Bought | $15.3k200 shares |
| 2022-11-10 | Brennan Michelle Director | Bought | $12.0k150 shares |
| 2022-11-07 | Mason Stephen M CEO, Medical Segment | Sold | $5.0m61.2k shares |
| 2022-11-07 | Snow Ola M Chief Human Resources Officer | Sold | $1.5m19.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.07% of their portfolio | 31.3m $2.4bn | Reduced -831.4k |
| BlackRock Inc. 0.07% of their portfolio | 29.5m $2.3bn | Added +827.1k |
| STATE STREET CORP 0.08% of their portfolio | 17.5m $1.4bn | Reduced -2.8m |
| FMR LLC 0.06% of their portfolio | 8.0m $615.8m | Reduced -27.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 5.4m $412.3m | Reduced -78.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 5.0m $383.9m | Reduced -3.2m |
| Invesco Ltd. 0.11% of their portfolio | 4.7m $358.7m | Reduced -498.3k |
| MORGAN STANLEY 0.04% of their portfolio | 4.6m $353.2m | Added +161.7k |
| Amundi 0.18% of their portfolio | 4.2m $320.4m | Reduced -1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.42% of their portfolio | 3.9m $298.0m | Added +1.3m |
| NORTHERN TRUST CORP 0.05% of their portfolio | 3.3m $255.8m | Reduced -236.0k |
| NORGES BANK 0.05% of their portfolio | 2.9m $220.2m | Added +272.0k |
| PZENA INVESTMENT MANAGEMENT LLC 0.87% of their portfolio | 2.5m $195.8m | Reduced -183.2k |
| LSV ASSET MANAGEMENT 0.42% of their portfolio | 2.4m $188.3m | Reduced -123.5k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 2.4m $183.8m | Reduced -2.3m |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.4m $183.6m | Added +12.6k |
| ProShare Advisors LLC 0.60% of their portfolio | 2.2m $171.6m | Reduced -575.7k |
| Legal & General Group Plc 0.07% of their portfolio | 2.2m $171.2m | Reduced -185.0k |
| Pacer Advisors, Inc. 0.79% of their portfolio | 2.0m $153.9m | Added +878.4k |
| Elliott Investment Management L.P. 1.80% of their portfolio | 2.0m $153.7m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.49% of their portfolio | 2.0m $153.0m | Added +551.6k |
| Allianz Asset Management GmbH 0.34% of their portfolio | 2.0m $151.5m | Reduced -65.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 2.0m $151.4m | Added +233.5k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.0m $150.8m | Added +562.3k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 1.7m $133.5m | Added +535.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.7m $129.6m | Reduced -133.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.64% of their portfolio | 1.7m $129.2m | Added +1.0m |
| Man Group plc 0.41% of their portfolio | 1.5m $113.6m | Added +599.7k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 1.4m $110.6m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $109.2m | Reduced -345.3k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.4m $108.4m | Reduced -924.1k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 1.4m $104.4m | Reduced -213.4k |
| BRANDES INVESTMENT PARTNERS, LP 2.57% of their portfolio | 1.2m $91.8m | Reduced -187.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.58% of their portfolio | 1.1m $85.7m | Reduced -192.5k |
| Swiss National Bank 0.06% of their portfolio | 1.1m $85.1m | Reduced -73.0k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.1m $83.8m | Reduced -1.3m |
| AQR CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 1.1m $82.2m | Added +382.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.20% of their portfolio | 1.0m $78.5m | Added +135.4k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 988.2k $76.0m | Added +6.1k |
| Balyasny Asset Management L.P. 0.26% of their portfolio | 949.1k $73.0m | Added +576.2k |
| Robeco Institutional Asset Management B.V. 0.20% of their portfolio | 897.1k $69.0m | Added +152.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 896.3k $68.9m | Added +8.8k |
| LORD, ABBETT & CO. LLC 0.12% of their portfolio | 886.0k $68.1m | Added +376.5k |
| OLD REPUBLIC INTERNATIONAL CORP 2.04% of their portfolio | 846.0k $65.0m | Unchanged |
| California Public Employees Retirement System 0.06% of their portfolio | 842.8k $64.8m | Added +193.6k |
| TWO SIGMA ADVISERS, LP 0.17% of their portfolio | 811.1k $62.3m | Added +337.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio | 779.3k $59.9m | Added +4.1k |
| CRAWFORD INVESTMENT COUNSEL INC 1.26% of their portfolio | 759.7k $58.4m | Reduced -361.8k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 757.5k $58.0m | Added +372.1k |
| Swedbank AB 0.12% of their portfolio | 736.2k $56.6m | Reduced -11.4k |
| Sound Shore Management Inc /CT/ 2.11% of their portfolio | 728.6k $56.0m | Reduced -297.1k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 710.0k $54.9m | Reduced -92.4k |
| MILLER HOWARD INVESTMENTS INC /NY 1.95% of their portfolio | 699.1k $53.7m | Reduced -106.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 676.2k $52.0m | Added +545.9k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 673.8k $51.8m | Added +138.1k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 670.1k $51.7m | Added +103.0k |
| BARCLAYS PLC 0.04% of their portfolio | 669.8k $51.5m | First filing |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 649.2k $49.9m | Added +45.7k |
| PRUDENTIAL FINANCIAL INC 0.08% of their portfolio | 641.9k $49.3m | Added +357.9k |
| PFM Health Sciences, LP 2.08% of their portfolio | 639.8k $49.2m | Unchanged |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 619.7k $47.6m | Reduced -234.3k |
| HighTower Advisors, LLC 0.11% of their portfolio | 611.2k $47.0m | Added +112.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.76% of their portfolio | 608.5k $46.8m | Added +22.1k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 604.0k $46.4m | Reduced -852.2k |
| Retirement Systems of Alabama 0.19% of their portfolio | 569.4k $43.8m | Reduced -6.5k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 560.3k $43.1m | Reduced -268.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 542.4k $41.7m | New |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 539.0k $41.4m | Reduced -1.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 523.9k $40.3m | Reduced -136.2k |
| UBS Group AG 0.02% of their portfolio | 519.7k $39.9m | Reduced -1.9k |
| National Pension Service 0.08% of their portfolio | 519.1k $39.9m | Reduced -19.9k |
| Aberdeen Group plc 0.11% of their portfolio | 515.0k $39.6m | Added +47.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.61% of their portfolio | 496.4k $38.2m | New |
| Cubist Systematic Strategies, LLC 0.31% of their portfolio | 470.8k $36.2m | Added +74.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 458.9k $35.3m | Added +4.2k |
| MONEY CONCEPTS CAPITAL CORP 1.54% of their portfolio | 448.4k $34.5m | Added +8.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 427.2k $32.8m | Reduced -153.5k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 421.1k $32.3m | Reduced -39.6k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 406.6k $31.3m | Reduced -853.1k |
| CITIGROUP INC 0.04% of their portfolio | 382.1k $29.4m | Added +26.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 372.6k $28.6m | Reduced -370.3k |
| PANAGORA ASSET MANAGEMENT INC 0.18% of their portfolio | 362.7k $27.9m | Reduced -10.4k |
| SECTOR GAMMA AS 6.22% of their portfolio | 353.9k $27.2m | Reduced -4.8k |
| ARIEL INVESTMENTS, LLC 0.28% of their portfolio | 352.5k $27.1m | Reduced -286.7k |
| SEI INVESTMENTS CO 0.06% of their portfolio | 345.9k $26.6m | Reduced -32.8k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.45% of their portfolio | 343.0k $26.4m | Added +34.3k |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC 3.77% of their portfolio | 341.2k $26.2m | Reduced -11.5k |
| Squarepoint Ops LLC 0.17% of their portfolio | 340.8k $26.2m | Added +302.3k |
| APG Asset Management N.V. 0.05% of their portfolio | 337.7k $26.0m | Added +228.6k |
| VESTOR CAPITAL, LLC 3.13% of their portfolio | 337.2k $25.9m | Reduced -4.1k |
| BANK OF NOVA SCOTIA 0.07% of their portfolio | 332.9k $25.6m | Added +15.9k |
| Krensavage Asset Management, LLC 7.90% of their portfolio | 332.7k $25.6m | Reduced -4.0k |
| CIBC WORLD MARKETS CORP 0.17% of their portfolio | 330.8k $25.4m | Added +326.7k |
| Capital Investment Advisors, LLC 0.77% of their portfolio | 330.1k $25.4m | Added +16.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 325.8k $25.0m | Reduced -32.6k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.71% of their portfolio | 316.7k $24.3m | Reduced -14.7k |
| Janney Montgomery Scott LLC 0.09% of their portfolio | 315.5k $24.3m | Added +6.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.06% of their portfolio | 314.2k $24.2m | Reduced -6.6k |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 304.8k $23.5m | Added +11.3k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 299.5k $23.0m | Added +64.9k |