Baxter International
909 hedge funds and large institutions have $29.2B invested in Baxter International in 2013 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 361 increasing their positions, 328 reducing their positions, and 58 closing their positions.
36% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 58
36% more call options, than puts
Call options by funds: $343M | Put options by funds: $253M
10% more repeat investments, than reductions
Existing positions increased: 361 | Existing positions reduced: 328
1% more funds holding
Funds holding: 897 → 909 (+12)
0.31% more ownership
Funds ownership: 148.86% → 149.17% (+0.31%)
3% less capital invested
Capital invested by funds: $30.3B → $29.2B (-$1.05B)
38% less funds holding in top 10
Funds holding in top 10: 21 → 13 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$383M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$233M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$147M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$102M |
| 5 |
Lazard Asset Management
New York
|
+$96.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$332M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$212M |
| 3 |
O
OppenheimerFunds
New York
|
-$154M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$123M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$111M |
BAX Hedge Fund Activity: Q3 2013 in Review
909 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2013, worth a combined $29.2B — down 3.5% from $30.3B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new BAX positions and 58 closed out — a net gain of 21 holders — while 361 added to existing stakes and 328 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $383M. The largest seller was T. Rowe Price Associates, cutting an estimated $332M.
- 909 institutional investors held Baxter International (BAX) as of Q3 2013, up from 897 in Q2 2013.
- Funds reported $29.2B of Baxter International stock for Q3 2013, down 3.5% quarter-over-quarter.
- 79 funds opened new Baxter International positions in Q3 2013 and 58 closed out, a net change of +21 holders.
- The largest Baxter International buyer in Q3 2013 was JP Morgan Chase, an estimated $383M added.
- The largest Baxter International seller in Q3 2013 was T. Rowe Price Associates, an estimated $332M sold.
Based on aggregated 13F filings for Q3 2013.