Third Point’s Baxter International BAX Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	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%	-$653M	4.71%	8
2020 Q1	$940M	Sell	11,580,000 -5,920,000	-34%	-$481M	15%	1
2019 Q4	$1.46B	Buy	17,500,000 +650,000	+4%	+$54.4M	16.83%	1
2019 Q3	$1.47B	Sell	16,850,000 -6,150,000	-27%	-$538M	17.51%	1
2019 Q2	$1.88B	Sell	23,000,000 -5,000,000	-18%	-$410M	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%	-$527M	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%	-$323M	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%	-$303M	22%	1
2017 Q1	$2.39B	Sell	46,000,000 -5,901,767	-11%	-$306M	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%	-$88.1M	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 +49,900,000	+1,263%	+$1.64B	16.69%	1
2015 Q2	$276M	Buy	+3,950,000	New	+$276M	2.59%	9