Erste Asset Management Reduces Stake in Cardinal Health

The investment firm sold nearly two-thirds of its shares in the healthcare company

Published on Mar. 2, 2026

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Erste Asset Management GmbH, an investment management firm, decreased its holdings in Cardinal Health, Inc. (NYSE:CAH) by 64.7% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 2,720 shares of the company's stock, down from 7,713 shares previously.

Why it matters

This reduction in Erste Asset Management's stake in Cardinal Health, a major healthcare services and products company, could signal a shift in investor sentiment or portfolio strategy for the firm. Cardinal Health's stock performance and outlook are closely watched by industry analysts and investors.

The details

According to the 13F filing, Erste Asset Management sold 4,993 shares of Cardinal Health during the third quarter, leaving the firm with a remaining position of 2,720 shares valued at $420,000. The filing does not provide specific reasons for the firm's decision to reduce its holdings in Cardinal Health.

  • Erste Asset Management filed the 13F report for the third quarter of the year.

The players

Erste Asset Management GmbH

An investment management firm that has reduced its stake in Cardinal Health, Inc.

Cardinal Health, Inc.

A multinational healthcare services and products company headquartered in Dublin, Ohio.

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The takeaway

The reduction in Erste Asset Management's position in Cardinal Health could be a sign of broader shifts in investor sentiment towards the healthcare sector or the company's specific outlook. However, without further details from the firm, it's difficult to determine the exact reasons behind this portfolio change.