CIBC Private Wealth Group Reduces Stake in Cardinal Health

The investment firm sold over 5,000 shares of the healthcare company in Q3 2025.

Mar. 19, 2026 at 8:24am

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CIBC Private Wealth Group LLC reduced its holdings in Cardinal Health, Inc. (NYSE:CAH) by 1.2% in the third quarter of 2025, according to a recent SEC filing. The firm now owns 441,788 shares of the company's stock, down from 447,130 shares previously.

Why it matters

As a major institutional investor, CIBC Private Wealth Group's portfolio moves can provide insights into sentiment around Cardinal Health. The healthcare distribution company has seen its stock price fluctuate in recent quarters amid industry changes.

The details

CIBC Private Wealth Group sold 5,342 shares of Cardinal Health during the third quarter, reducing its total stake to around 0.19% of the company's outstanding shares. The firm cited unspecified portfolio adjustments as the reason for the sale.

  • CIBC Private Wealth Group filed the SEC disclosure on March 19, 2026.
  • The stake reduction occurred in the third quarter of 2025.

The players

CIBC Private Wealth Group LLC

A Canadian investment management firm that oversees over $50 billion in client assets.

Cardinal Health, Inc.

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

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The takeaway

CIBC Private Wealth Group's modest reduction in its Cardinal Health stake suggests the investment firm sees limited upside in the healthcare distributor's stock at current levels, though it remains a significant shareholder.