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8 Knots Management LLC Buys Stake in McKesson Corporation
Institutional investor adds 17,596 shares of pharmaceutical distributor to portfolio
Mar. 15, 2026 at 7:22am
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8 Knots Management LLC, an institutional investor, has acquired a new stake in McKesson Corporation (NYSE: MCK) during the third quarter, according to a recent filing with the Securities and Exchange Commission. The firm purchased 17,596 shares of the company's stock, valued at approximately $13.6 million.
Why it matters
McKesson is one of the largest pharmaceutical distributors in the United States, playing a crucial role in the healthcare supply chain. This investment by 8 Knots Management reflects institutional confidence in the company's performance and future prospects.
The details
According to the filing, the 17,596 shares purchased by 8 Knots Management make up approximately 1.5% of the firm's total holdings, making McKesson its 15th largest position. The investment was made during the third quarter of the year.
- 8 Knots Management LLC bought the shares during the third quarter of 2026.
The players
8 Knots Management LLC
An institutional investor that has acquired a new stake in McKesson Corporation.
McKesson Corporation
A global healthcare services and distribution company that supplies pharmaceuticals, medical-surgical products, and healthcare technology solutions.
The takeaway
This investment by 8 Knots Management in McKesson Corporation reflects the institutional investor's confidence in the pharmaceutical distributor's performance and future prospects within the healthcare industry.
