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Baxter International

992 hedge funds and large institutions have $32.8B invested in Baxter International in 2014 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 424 increasing their positions, 325 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more funds holding in top 10

Funds holding in top 10: 1528 (+13)

67% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 58

62% more call options, than puts

Call options by funds: $491M | Put options by funds: $304M

30% more repeat investments, than reductions

Existing positions increased: 424 | Existing positions reduced: 325

6% more capital invested

Capital invested by funds: $30.8B → $32.8B (+$1.99B)

3% more funds holding

Funds holding: 963992 (+29)

1.2% more ownership

Funds ownership: 148.21%149.4% (+1.2%)

Holders
992
Holders Change
+29
Holders Change %
+3.01%
% of All Funds
28.65%
Holding in Top 10
28
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+86.67%
% of All Funds
0.81%
New
97
Increased
424
Reduced
325
Closed
58
Calls
$491M
Puts
$304M
Net Calls
+$188M
Net Calls Change
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$294M
Geode Capital Management
27
Geode Capital Management
Massachusetts
$293M +$1.45M +38,885 +0.5%
CIP
28
Cornerstone Investment Partners
Georgia
$266M +$53.7M +1,436,643 +27%
Grantham, Mayo, Van Otterloo & Co (GMO)
29
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$259M +$41.4M +1,107,247 +21%
Invesco
30
Invesco
Georgia
$257M +$79.2M +2,118,658 +49%
VAM
31
Veritas Asset Management
United Kingdom
$256M +$229M +6,113,041 +2,114%
UBS AM
32
UBS AM
Illinois
$200M -$68M -1,817,991 -27%
TBC
33
Tweedy, Browne Co
Connecticut
$191M -$7.21K -193 -0%
MAA
34
Managed Account Advisors
New Jersey
$190M +$75.4M +2,015,827 +74%
Legal & General Group
35
Legal & General Group
United Kingdom
$188M -$12.2M -326,056 -6%
BA
36
BlackRock Advisors
Delaware
$176M -$58.7M -1,571,292 -26%
BGC
37
Beutel, Goodman & Co
Ontario, Canada
$175M +$148M +3,951,937 New
MPI
38
Mairs & Power Inc
Minnesota
$172M +$12.8M +343,544 +9%
Ameriprise
39
Ameriprise
Minnesota
$169M -$32.4M -867,707 -17%
BlackRock
40
BlackRock
New York
$167M -$924K -24,708 -0.6%
BMO
41
Beck Mack & Oliver
New York
$165M -$415K -11,114 -0.3%
RFC
42
Russell Frank Company
Washington
$161M -$17.3M -463,155 -10%
SCM
43
Sterling Capital Management
North Carolina
$154M -$772K -20,653 -0.5%
Lord, Abbett & Co
44
Lord, Abbett & Co
New Jersey
$150M +$17.7M +474,531 +15%
LBA
45
Letko, Brosseau & Associates
Quebec, Canada
$149M +$803K +21,475 +0.6%
Nordea Investment Management
46
Nordea Investment Management
Sweden
$148M -$14M -373,501 -9%
HCM
47
Herndon Capital Management
Georgia
$146M +$72.2M +1,932,481 +112%
TCIM
48
TIAA CREF Investment Management
New York
$146M -$12.9M -344,645 -9%
Aristotle Capital Management
49
Aristotle Capital Management
California
$143M +$3.33M +89,136 +3%
AIM
50
abrdn Investment Management
United Kingdom
$141M -$2.13M -57,027 -2%

BAX Hedge Fund Activity: Q1 2014 in Review

992 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2014, worth a combined $32.8B — up 6.5% from $30.8B a quarter earlier.

Buyers outnumbered sellers: 97 funds opened new BAX positions and 58 closed out — a net gain of 39 holders — while 424 added to existing stakes and 325 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $252M. The largest seller was Capital World Investors, cutting an estimated $446M.

  • 992 institutional investors held Baxter International (BAX) as of Q1 2014, up from 963 in Q4 2013.
  • Funds reported $32.8B of Baxter International stock for Q1 2014, up 6.5% quarter-over-quarter.
  • 97 funds opened new Baxter International positions in Q1 2014 and 58 closed out, a net change of +39 holders.
  • The largest Baxter International buyer in Q1 2014 was Allianz Asset Management, an estimated $252M added.
  • The largest Baxter International seller in Q1 2014 was Capital World Investors, an estimated $446M sold.

Based on aggregated 13F filings for Q1 2014.