Steve Cohen's Point72 Asset Management has liquidated its entire position in Cardinal Health (CAH), according to its latest quarterly ownership disclosure. The firm sold all 420,430 shares, a stake previously valued at approximately $88.84 million. This move marks a complete exit from the pharmaceutical and medical products distributor.
Investors should note that this activity was reported in a 13F filing released on August 14, 2026, which details the firm's holdings as of June 30, 2026. Therefore, the trades occurred at an undisclosed time during the second quarter. During its second quarter, Cardinal Health reported strong performance, raising its fiscal 2026 outlook.