Baxter International
912 hedge funds and large institutions have $17.9B invested in Baxter International in 2023 Q4 according to their latest regulatory filings, with 125 funds opening new positions, 263 increasing their positions, 377 reducing their positions, and 111 closing their positions.
79% more call options, than puts
Call options by funds: $277M | Put options by funds: $155M
13% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 111
6% more capital invested
Capital invested by funds: $16.9B → $17.9B (+$979M)
2.7% more ownership
Funds ownership: 88.46% → 91.16% (+2.7%)
0% more funds holding
Funds holding: 909 → 912 (+3)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
30% less repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 377
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$656M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$620M |
| 3 |
Morgan Stanley
New York
|
+$147M |
| 4 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$70.8M |
| 5 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$62.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$200M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$146M |
| 3 |
JP Morgan Chase
New York
|
-$130M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$91.4M |
| 5 |
Bank of New York Mellon
New York
|
-$90.1M |
BAX Hedge Fund Activity: Q4 2023 in Review
912 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2023, worth a combined $17.9B — up 5.8% from $16.9B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new BAX positions and 111 closed out — a net gain of 14 holders — while 263 added to existing stakes and 377 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $656M. The largest seller was BlackRock, cutting an estimated $200M.
- 912 institutional investors held Baxter International (BAX) as of Q4 2023, up from 909 in Q3 2023.
- Funds reported $17.9B of Baxter International stock for Q4 2023, up 5.8% quarter-over-quarter.
- 125 funds opened new Baxter International positions in Q4 2023 and 111 closed out, a net change of +14 holders.
- The largest Baxter International buyer in Q4 2023 was Pzena Investment Management, an estimated $656M added.
- The largest Baxter International seller in Q4 2023 was BlackRock, an estimated $200M sold.
Based on aggregated 13F filings for Q4 2023.