Baxter International
1,082 hedge funds and large institutions have $35.6B invested in Baxter International in 2019 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 333 increasing their positions, 407 reducing their positions, and 69 closing their positions.
62% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 69
23% more capital invested
Capital invested by funds: $28.9B → $35.6B (+$6.73B)
3% more funds holding
Funds holding: 1,052 → 1,082 (+30)
2.71% more ownership
Funds ownership: 83.2% → 85.91% (+2.7%)
6% more call options, than puts
Call options by funds: $100M | Put options by funds: $94.7M
18% less repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 407
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$235M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$216M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
+$137M |
| 4 |
Morgan Stanley
New York
|
+$117M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$254M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$223M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$200M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$131M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$112M |
BAX Hedge Fund Activity: Q1 2019 in Review
1,082 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2019, worth a combined $35.6B — up 23% from $28.9B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new BAX positions and 69 closed out — a net gain of 43 holders — while 333 added to existing stakes and 407 trimmed.
The largest buyer was Ameriprise, adding an estimated $235M. The largest seller was Fidelity Investments, cutting an estimated $254M.
- 1,082 institutional investors held Baxter International (BAX) as of Q1 2019, up from 1,052 in Q4 2018.
- Funds reported $35.6B of Baxter International stock for Q1 2019, up 23% quarter-over-quarter.
- 112 funds opened new Baxter International positions in Q1 2019 and 69 closed out, a net change of +43 holders.
- The largest Baxter International buyer in Q1 2019 was Ameriprise, an estimated $235M added.
- The largest Baxter International seller in Q1 2019 was Fidelity Investments, an estimated $254M sold.
Based on aggregated 13F filings for Q1 2019.