Daniel Loeb’s Baxter International BAX Stock Holding History

Daniel Loeb’s Portfolio BAX Stock Details BAX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-4,000,000	Closed	-$344M	–	48
2020 Q2	$344M	Sell	4,000,000 -7,580,000	-65%	-$660M	4.71%	8
2020 Q1	$940M	Sell	11,580,000 -5,920,000	-34%	-$511M	15%	1
2019 Q4	$1.46B	Buy	17,500,000 +650,000	+4%	+$53.8M	16.83%	1
2019 Q3	$1.47B	Sell	16,850,000 -6,150,000	-27%	-$525M	17.51%	1
2019 Q2	$1.88B	Sell	23,000,000 -5,000,000	-18%	-$388M	22.06%	1
2019 Q1	$2.28B	Hold	28,000,000	–	–	25.31%	1
2018 Q4	$1.84B	Sell	28,000,000 -8,000,000	-22%	-$537M	28.32%	1
2018 Q3	$2.78B	Hold	36,000,000	–	–	19.4%	1
2018 Q2	$2.66B	Hold	36,000,000	–	–	18.52%	1
2018 Q1	$2.34B	Hold	36,000,000	–	–	17.58%	1
2017 Q4	$2.33B	Sell	36,000,000 -5,000,000	-12%	-$321M	16.8%	1
2017 Q3	$2.57B	Hold	41,000,000	–	–	21.63%	1
2017 Q2	$2.48B	Sell	41,000,000 -5,000,000	-11%	-$284M	22%	1
2017 Q1	$2.39B	Sell	46,000,000 -5,901,767	-11%	-$290M	23.28%	1
2016 Q4	$2.3B	Hold	51,901,767	–	–	22.59%	1
2016 Q3	$2.47B	Hold	51,901,767	–	–	21.48%	1
2016 Q2	$2.35B	Sell	51,901,767 -1,948,233	-4%	-$85.5M	22.37%	1
2016 Q1	$2.21B	Hold	53,850,000	–	–	20.38%	1
2015 Q4	$2.05B	Hold	53,850,000	–	–	20.84%	1
2015 Q3	$1.77B	Buy	53,850,000 +46,578,050	+641%	+$1.76B	16.69%	1
2015 Q2	$276M	Buy	+7,271,950	New	+$272M	2.59%	9

Other funds holding BAX

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

GIM

Generation Investment Management London, United Kingdom $10.3B AUM 4.84% 1-Year Est. Return

VAM

Veritas Asset Management London, United Kingdom $5.56B AUM 3.46% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Daniel Loeb's BAX Position: Q3 2020 in Review

Daniel Loeb sold out of Baxter International (BAX) in Q3 2020, closing a stake of 4,000,000 shares — an estimated $344M sold.

Daniel Loeb first reported a position in BAX in Q2 2015 and held it in 21 quarters. The position peaked at $2.78B in Q3 2018. 1,098 funds tracked by Wall St. Rank hold BAX as of Q3 2020.

Daniel Loeb reported no remaining Baxter International position as of Q3 2020 after selling out during the quarter.
Daniel Loeb sold 4,000,000 Baxter International shares in Q3 2020, an estimated $344M.
Daniel Loeb first reported a position in Baxter International in Q2 2015 and held it in 21 quarters.
Daniel Loeb's Baxter International position peaked at $2.78B in Q3 2018.
1,098 funds tracked by Wall St. Rank held Baxter International as of Q3 2020.

Based on Third Point's 13F filing for Q3 2020, filed 13 Nov 2020.