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Baxter International

888 hedge funds and large institutions have $15B invested in Baxter International in 2015 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 47 increasing their positions, 751 reducing their positions, and 235 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $254M | Put options by funds: $72.9M

14% less funds holding

Funds holding: 1,038888 (-150)

52% less capital invested

Capital invested by funds: $31B → $15B (-$16.1B)

62% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 235

69.65% less ownership

Funds ownership: 154.12%84.47% (-70%)

81% less funds holding in top 10

Funds holding in top 10: 316 (-25)

94% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 751

Holders
888
Holders Change
-150
Holders Change %
-14.45%
% of All Funds
24.79%
Holding in Top 10
6
Holding in Top 10 Change
-25
Holding in Top 10 Change %
-80.65%
% of All Funds
0.17%
New
90
Increased
47
Reduced
751
Closed
235
Calls
$254M
Puts
$72.9M
Net Calls
+$181M
Net Calls Change
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$121M -$414M -10,945,313 -75%
Goldman Sachs
27
Goldman Sachs
New York
$101M -$430M -11,366,246 -79%
Balyasny Asset Management
28
Balyasny Asset Management
Illinois
$93.6M +$41.5M +1,097,510 +63%
Legal & General Group
29
Legal & General Group
United Kingdom
$85.3M -$77.6M -2,049,426 -44%
BA
30
BlackRock Advisors
Delaware
$85.2M -$94.2M -2,488,439 -49%
TBC
31
Tweedy, Browne Co
Connecticut
$82.1M -$82.7M -2,185,300 -47%
Bessemer Group
32
Bessemer Group
New Jersey
$80.5M -$73.1M -1,930,473 -44%
TCIM
33
TIAA CREF Investment Management
New York
$80.3M -$79.7M -2,105,027 -46%
MPI
34
Mairs & Power Inc
Minnesota
$75.5M -$75.6M -1,997,208 -46%
SCM
35
Shapiro Capital Management
Georgia
$73.4M +$84.6M +2,233,877 New
BIM
36
BlackRock Investment Management
Delaware
$72.3M -$86M -2,272,269 -51%
Wells Fargo
37
Wells Fargo
California
$65.9M -$464M -12,263,594 -86%
BMO
38
Beck Mack & Oliver
New York
$62.3M -$66.4M -1,753,346 -48%
JHC
39
JFB Holdings Corp
Georgia
$61.6M -$60.6M -1,601,808 -46%
Charles Schwab
40
Charles Schwab
California
$60.1M -$54.5M -1,440,557 -44%
UBS AM
41
UBS AM
Illinois
$59.2M -$75.2M -1,986,295 -52%
CP
42
Coho Partners
Pennsylvania
$51M +$21M +554,772 +56%
Sumitomo Mitsui Trust Group
43
Sumitomo Mitsui Trust Group
Japan
$50.4M -$44.4M -1,173,534 -43%
Ameriprise
44
Ameriprise
Minnesota
$49.7M -$160M -4,235,814 -74%
APG Asset Management
45
APG Asset Management
Netherlands
$49M -$26.1M -690,754 -32%
Allianz Asset Management
46
Allianz Asset Management
Germany
$48.6M -$334M -8,830,136 -86%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$48.3M -$49.8M -1,314,621 -47%
Citadel Advisors
48
Citadel Advisors
Florida
$48M -$68.9M -1,819,087 -55%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$47.8M -$46.3M -1,223,991 -46%
GC
50
Guggenheim Capital
Illinois
$47.1M -$21.7M -573,738 -29%

BAX Hedge Fund Activity: Q3 2015 in Review

888 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2015, worth a combined $15B — down 52% from $31B a quarter earlier.

Sellers outnumbered buyers: 235 funds closed out of BAX and 90 opened new positions — a net loss of 145 holders — while 751 trimmed existing stakes and 47 added.

The largest buyer was Third Point, adding an estimated $1.76B. The largest seller was Vanguard Group, cutting an estimated $960M.

  • 888 institutional investors held Baxter International (BAX) as of Q3 2015, down from 1,038 in Q2 2015.
  • Funds reported $15B of Baxter International stock for Q3 2015, down 52% quarter-over-quarter.
  • 90 funds opened new Baxter International positions in Q3 2015 and 235 closed out, a net change of -145 holders.
  • The largest Baxter International buyer in Q3 2015 was Third Point, an estimated $1.76B added.
  • The largest Baxter International seller in Q3 2015 was Vanguard Group, an estimated $960M sold.

Based on aggregated 13F filings for Q3 2015.