Baxter International
BAX
1,048 hedge funds and large institutions have $29.9B invested in Baxter International in 2017 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 312 increasing their positions, 390 reducing their positions, and 54 closing their positions.
152% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 54
8% more funds holding
Funds holding: 973 → 1,048 (+75)
2% more capital invested
Capital invested by funds: $29.3B → $29.9B (+$572M)
0.52% less ownership
Funds ownership: 85.55% → 85.03% (-0.52%)
8% less call options, than puts
Call options by funds: $67.6M | Put options by funds: $73.2M
20% less repeat investments, than reductions
Existing positions increased: 312 | Existing positions reduced: 390
33% less funds holding in top 10
Funds holding in top 10: 21 → 14 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$235M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$177M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$146M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$122M |
| 5 |
HM
HealthCor Management
New York
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$407M |
| 2 |
TP
Third Point
New York
|
-$321M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$116M |
| 4 |
BlackRock
New York
|
-$98.1M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$93.7M |
BAX Hedge Fund Activity: Q4 2017 in Review
1,048 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2017, worth a combined $29.9B — up 2% from $29.3B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new BAX positions and 54 closed out — a net gain of 82 holders — while 312 added to existing stakes and 390 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $235M. The largest seller was Aristotle Capital Management, cutting an estimated $407M.
- 1,048 institutional investors held Baxter International (BAX) as of Q4 2017, up from 973 in Q3 2017.
- Funds reported $29.9B of Baxter International stock for Q4 2017, up 2% quarter-over-quarter.
- 136 funds opened new Baxter International positions in Q4 2017 and 54 closed out, a net change of +82 holders.
- The largest Baxter International buyer in Q4 2017 was Citadel Advisors, an estimated $235M added.
- The largest Baxter International seller in Q4 2017 was Aristotle Capital Management, an estimated $407M sold.
Based on aggregated 13F filings for Q4 2017.