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Baxter International

994 hedge funds and large institutions have $32B invested in Baxter International in 2014 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 406 increasing their positions, 359 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $359M | Put options by funds: $278M

13% more repeat investments, than reductions

Existing positions increased: 406 | Existing positions reduced: 359

12% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 65

0% more funds holding

Funds holding: 992994 (+2)

2% less capital invested

Capital invested by funds: $32.8B → $32B (-$819M)

1.31% less ownership

Funds ownership: 149.4%148.09% (-1.3%)

43% less funds holding in top 10

Funds holding in top 10: 2816 (-12)

Holders
994
Holders Change
+2
Holders Change %
+0.2%
% of All Funds
28.57%
Holding in Top 10
16
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-42.86%
% of All Funds
0.46%
New
73
Increased
406
Reduced
359
Closed
65
Calls
$359M
Puts
$278M
Net Calls
+$80.7M
Net Calls Change
-$107M
Name Holding Trade Value Shares
Change
Change in
Stake
CIP
26
Cornerstone Investment Partners
Georgia
$282M +$21M +525,301 +8%
VAM
27
Veritas Asset Management
United Kingdom
$264M +$13.1M +328,066 +5%
PI
28
Putnam Investments
Massachusetts
$263M -$33.6M -840,880 -11%
Grantham, Mayo, Van Otterloo & Co (GMO)
29
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$246M -$9.1M -227,558 -4%
Legal & General Group
30
Legal & General Group
United Kingdom
$191M +$5.4M +134,885 +3%
MAA
31
Managed Account Advisors
New Jersey
$190M +$3.4M +85,003 +2%
TBC
32
Tweedy, Browne Co
Connecticut
$187M -$714K -17,845 -0.4%
UBS AM
33
UBS AM
Illinois
$177M -$19.1M -478,268 -10%
BlackRock
34
BlackRock
New York
$170M +$5.65M +141,197 +3%
MPI
35
Mairs & Power Inc
Minnesota
$169M +$46.5K +1,163 +0%
BGC
36
Beutel, Goodman & Co
Ontario, Canada
$163M +$19.1M +477,531 +12%
BMO
37
Beck Mack & Oliver
New York
$160M -$2.25M -56,143 -1%
Invesco
38
Invesco
Georgia
$158M -$96.7M -2,416,068 -38%
LBA
39
Letko, Brosseau & Associates
Quebec, Canada
$150M +$3.58M +89,565 +2%
Nordea Investment Management
40
Nordea Investment Management
Sweden
$149M +$3.82M +95,453 +3%
SCM
41
Sterling Capital Management
North Carolina
$149M -$2.9M -72,590 -2%
Ameriprise
42
Ameriprise
Minnesota
$146M -$19.8M -494,795 -12%
TCIM
43
TIAA CREF Investment Management
New York
$143M -$450K -11,257 -0.3%
BAM
44
Burgundy Asset Management
Ontario, Canada
$142M +$3.84M +96,008 +3%
Lord, Abbett & Co
45
Lord, Abbett & Co
New Jersey
$142M -$5.17M -129,354 -3%
AIM
46
abrdn Investment Management
United Kingdom
$140M +$2.08M +51,953 +1%
HCM
47
Herndon Capital Management
Georgia
$139M -$5.05M -126,307 -3%
Schroder Investment Management Group
48
Schroder Investment Management Group
United Kingdom
$137M +$2.01M +50,204 +1%
Mitsubishi UFJ Trust & Banking
49
Mitsubishi UFJ Trust & Banking
Japan
$125M +$1.41M +35,224 +1%
Harris Associates
50
Harris Associates
Illinois
$121M -$184K -4,603 -0.1%

BAX Hedge Fund Activity: Q2 2014 in Review

994 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q2 2014, worth a combined $32B — down 2.5% from $32.8B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new BAX positions and 65 closed out — a net gain of 8 holders — while 406 added to existing stakes and 359 trimmed.

The largest buyer was Bank of America, adding an estimated $411M. The largest seller was Institutional Capital, cutting an estimated $669M.

  • 994 institutional investors held Baxter International (BAX) as of Q2 2014, up from 992 in Q1 2014.
  • Funds reported $32B of Baxter International stock for Q2 2014, down 2.5% quarter-over-quarter.
  • 73 funds opened new Baxter International positions in Q2 2014 and 65 closed out, a net change of +8 holders.
  • The largest Baxter International buyer in Q2 2014 was Bank of America, an estimated $411M added.
  • The largest Baxter International seller in Q2 2014 was Institutional Capital, an estimated $669M sold.

Based on aggregated 13F filings for Q2 2014.