Baxter International
1,061 hedge funds and large institutions have $29.6B invested in Baxter International in 2018 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 268 increasing their positions, 466 reducing their positions, and 67 closing their positions.
36% more funds holding in top 10
Funds holding in top 10: 14 → 19 (+5)
35% more call options, than puts
Call options by funds: $65.6M | Put options by funds: $48.5M
33% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 67
1% more funds holding
Funds holding: 1,048 → 1,061 (+13)
0.2% less ownership
Funds ownership: 85.03% → 84.83% (-0.2%)
1% less capital invested
Capital invested by funds: $29.9B → $29.6B (-$297M)
42% less repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 466
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$889M |
| 2 |
Millennium Management
New York
|
+$150M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$60.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$58.7M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$56.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$397M |
| 2 |
BlackRock
New York
|
-$264M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$139M |
| 4 |
TBC
Tweedy, Browne Co
Stamford,
Connecticut
|
-$97.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$88M |
BAX Hedge Fund Activity: Q1 2018 in Review
1,061 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2018, worth a combined $29.6B — down 0.99% from $29.9B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new BAX positions and 67 closed out — a net gain of 22 holders — while 268 added to existing stakes and 466 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $889M. The largest seller was State Farm Mutual Automobile Insurance, cutting an estimated $397M.
- 1,061 institutional investors held Baxter International (BAX) as of Q1 2018, up from 1,048 in Q4 2017.
- Funds reported $29.6B of Baxter International stock for Q1 2018, down 0.99% quarter-over-quarter.
- 89 funds opened new Baxter International positions in Q1 2018 and 67 closed out, a net change of +22 holders.
- The largest Baxter International buyer in Q1 2018 was Fidelity Investments, an estimated $889M added.
- The largest Baxter International seller in Q1 2018 was State Farm Mutual Automobile Insurance, an estimated $397M sold.
Based on aggregated 13F filings for Q1 2018.