Nordea Investment Boosts Cardinal Health Holdings

Institutional investor increases stake in healthcare distribution company by over 300%

Mar. 23, 2026 at 9:48am

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Nordea Investment Management AB significantly increased its stake in Cardinal Health, Inc. (NYSE:CAH) by 328.3% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 645,436 shares of the healthcare distribution company's stock, worth approximately $133.7 million.

Why it matters

This substantial increase in Nordea's Cardinal Health holdings suggests the institutional investor sees strong potential in the company's future performance. As a major player in healthcare supply chain and distribution services, Cardinal Health's stock movements are closely watched by industry analysts.

The details

Nordea Investment Management, a large Nordic asset management firm, added 494,731 shares of Cardinal Health to its portfolio during the fourth quarter. This brought its total stake in the company to 645,436 shares, or about 0.27% of Cardinal Health's outstanding stock. The increased investment comes as Cardinal Health has seen its share price rise over the past year, bolstered by strong financial results and growth in its core distribution business.

  • Nordea Investment Management filed its 13F report for the fourth quarter of 2025 on March 23, 2026.

The players

Nordea Investment Management AB

A major Nordic asset management firm that oversees over $400 billion in client assets.

Cardinal Health, Inc.

A leading healthcare services and products company that provides supply chain and distribution services to hospitals, pharmacies, and other healthcare providers.

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The takeaway

Nordea's substantial increase in its Cardinal Health holdings suggests the firm sees strong long-term potential in the healthcare distribution company. As a major institutional investor, Nordea's actions are closely watched by the market and could signal growing confidence in Cardinal Health's business outlook.