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Baxter International

1,038 hedge funds and large institutions have $31B invested in Baxter International in 2015 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 369 increasing their positions, 420 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more funds holding in top 10

Funds holding in top 10: 2331 (+8)

24% more call options, than puts

Call options by funds: $233M | Put options by funds: $187M

2.69% more ownership

Funds ownership: 151.43%154.12% (+2.7%)

1% more capital invested

Capital invested by funds: $30.8B → $31B (+$250M)

3% less funds holding

Funds holding: 1,0691,038 (-31)

12% less repeat investments, than reductions

Existing positions increased: 369 | Existing positions reduced: 420

16% less first-time investments, than exits

New positions opened: 87 | Existing positions closed: 104

Holders
1,038
Holders Change
-31
Holders Change %
-2.9%
% of All Funds
27.96%
Holding in Top 10
31
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+34.78%
% of All Funds
0.84%
New
87
Increased
369
Reduced
420
Closed
104
Calls
$233M
Puts
$187M
Net Calls
+$45.6M
Net Calls Change
-$54.7M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$296M +$196M +5,238,455 +204%
CS
27
Credit Suisse
Switzerland
$285M +$188M +5,028,132 +203%
TP
28
Third Point
New York
$276M +$272M +7,271,950 New
Fidelity Investments
29
Fidelity Investments
Massachusetts
$270M -$32.5M -868,523 -11%
Morgan Stanley
30
Morgan Stanley
New York
$249M +$46.9M +1,255,172 +24%
Aristotle Capital Management
31
Aristotle Capital Management
California
$226M +$222M +5,927,508 +51,517%
Ameriprise
32
Ameriprise
Minnesota
$218M -$25.8M -690,329 -11%
Allianz Asset Management
33
Allianz Asset Management
Germany
$214M -$385M -10,288,460 -50%
Axa
34
Axa
France
$211M +$21.2M +566,799 +11%
Schroder Investment Management Group
35
Schroder Investment Management Group
United Kingdom
$208M -$91.5M -2,447,895 -31%
BA
36
BlackRock Advisors
Delaware
$193M +$43.4M +1,161,701 +30%
TBC
37
Tweedy, Browne Co
Connecticut
$178M -$1.43M -38,382 -0.8%
Legal & General Group
38
Legal & General Group
United Kingdom
$176M +$14.7M +393,904 +9%
TCIM
39
TIAA CREF Investment Management
New York
$173M -$19.5M -522,601 -10%
BIM
40
BlackRock Investment Management
Delaware
$170M +$19.1M +511,811 +13%
Bessemer Group
41
Bessemer Group
New Jersey
$166M -$17.3M -463,521 -10%
VFA
42
Virtus Fund Advisers
Connecticut
$163M +$92.8M +2,482,910 +137%
MPI
43
Mairs & Power Inc
Minnesota
$163M -$171K -4,571 -0.1%
JHIU
44
Janus Henderson Investors US
Colorado
$162M +$20.1M +536,762 +14%
Geode Capital Management
45
Geode Capital Management
Massachusetts
$159M -$2.82M -75,339 -1%
SI
46
Scharf Investments
California
$157M +$9.7M +259,441 +7%
BlackRock
47
BlackRock
New York
$150M +$45.2M +1,210,286 +44%
UBS AM
48
UBS AM
Illinois
$144M -$2.81M -75,113 -2%
LBA
49
Letko, Brosseau & Associates
Quebec, Canada
$143M +$385K +10,309 +0.3%
BMO
50
Beck Mack & Oliver
New York
$139M -$9.25M -247,440 -6%

BAX Hedge Fund Activity: Q2 2015 in Review

1,038 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q2 2015, worth a combined $31B — up 0.81% from $30.8B a quarter earlier.

Sellers outnumbered buyers: 104 funds closed out of BAX and 87 opened new positions — a net loss of 17 holders — while 420 trimmed existing stakes and 369 added.

The largest buyer was York Capital Management Global Advisors, opening a new position worth an estimated $556M. The largest seller was Allianz Asset Management, cutting an estimated $385M.

  • 1,038 institutional investors held Baxter International (BAX) as of Q2 2015, down from 1,069 in Q1 2015.
  • Funds reported $31B of Baxter International stock for Q2 2015, up 0.81% quarter-over-quarter.
  • 87 funds opened new Baxter International positions in Q2 2015 and 104 closed out, a net change of -17 holders.
  • The largest Baxter International buyer in Q2 2015 was York Capital Management Global Advisors, an estimated $556M added.
  • The largest Baxter International seller in Q2 2015 was Allianz Asset Management, an estimated $385M sold.

Based on aggregated 13F filings for Q2 2015.