Baxter International
950 hedge funds and large institutions have $24B invested in Baxter International in 2017 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 305 increasing their positions, 385 reducing their positions, and 63 closing their positions.
67% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 63
18% more capital invested
Capital invested by funds: $20.4B → $24B (+$3.58B)
15% more call options, than puts
Call options by funds: $55.8M | Put options by funds: $48.7M
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
3% more funds holding
Funds holding: 921 → 950 (+29)
0.76% more ownership
Funds ownership: 84.75% → 85.51% (+0.76%)
21% less repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 385
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.2B |
| 2 |
Renaissance Technologies
New York
|
+$90.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$78.8M |
| 4 |
CGI
CI Global Investments
Oakland,
California
|
+$72.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$290M |
| 2 |
O
OppenheimerFunds
New York
|
-$85.5M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$59.3M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$58M |
| 5 |
Millennium Management
New York
|
-$46M |
BAX Hedge Fund Activity: Q1 2017 in Review
950 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2017, worth a combined $24B — up 18% from $20.4B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new BAX positions and 63 closed out — a net gain of 42 holders — while 305 added to existing stakes and 385 trimmed.
The largest buyer was BlackRock, adding an estimated $2.2B. The largest seller was Third Point, cutting an estimated $290M.
- 950 institutional investors held Baxter International (BAX) as of Q1 2017, up from 921 in Q4 2016.
- Funds reported $24B of Baxter International stock for Q1 2017, up 18% quarter-over-quarter.
- 105 funds opened new Baxter International positions in Q1 2017 and 63 closed out, a net change of +42 holders.
- The largest Baxter International buyer in Q1 2017 was BlackRock, an estimated $2.2B added.
- The largest Baxter International seller in Q1 2017 was Third Point, an estimated $290M sold.
Based on aggregated 13F filings for Q1 2017.