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Baxter International

1,052 hedge funds and large institutions have $28.9B invested in Baxter International in 2018 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 300 increasing their positions, 413 reducing their positions, and 121 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

3% less first-time investments, than exits

New positions opened: 117 | Existing positions closed: 121

8% less call options, than puts

Call options by funds: $79.5M | Put options by funds: $86.9M

2% less funds holding

Funds holding: 1,0691,052 (-17)

1.62% less ownership

Funds ownership: 84.82%83.2% (-1.6%)

17% less capital invested

Capital invested by funds: $34.9B → $28.9B (-$6.04B)

27% less repeat investments, than reductions

Existing positions increased: 300 | Existing positions reduced: 413

Holders
1,052
Holders Change
-17
Holders Change %
-1.59%
% of All Funds
23.44%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.36%
New
117
Increased
300
Reduced
413
Closed
121
Calls
$79.5M
Puts
$86.9M
Net Calls
-$7.37M
Net Calls Change
-$30.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
101
Thrivent Financial for Lutherans
Minnesota
$33.3M +$1.83M +27,255 +6%
Mitsubishi UFJ Trust & Banking
102
Mitsubishi UFJ Trust & Banking
Japan
$33.1M +$12K +178 +0%
MWNA
103
Marshall Wace North America
New York
$32.9M +$11.4M +169,344 +51%
SGA
104
Sector Gamma AS
Norway
$32.2M -$14.6M -216,600 -31%
Nordea Investment Management
105
Nordea Investment Management
Sweden
$32.2M +$6.4M +95,272 +24%
HNB
106
Huntington National Bank
Ohio
$31M +$1.15M +17,059 +4%
SGAM
107
Smith Group Asset Management
Texas
$30.2M -$33.7M -501,200 -52%
SEI Investments
108
SEI Investments
Pennsylvania
$30.1M +$8.12M +120,823 +40%
Adage Capital Partners
109
Adage Capital Partners
Massachusetts
$29.6M -$15.9M -236,028 -34%
OWP
110
Obermeyer Wealth Partners
Colorado
$29.6M -$1.11M -16,505 -4%
Canada Pension Plan Investment Board
111
Canada Pension Plan Investment Board
Ontario, Canada
$29.4M -$51.7M -768,856 -63%
GIA
112
Gateway Investment Advisers
Ohio
$28.5M -$29K -431 -0.1%
HSBC Holdings
113
HSBC Holdings
United Kingdom
$28.1M -$11.6M -172,770 -29%
AAM
114
Ardevora Asset Management
United Kingdom
$27.6M +$4.18M +62,200 +17%
NI
115
Nuance Investments
Missouri
$27.4M +$27.9M +415,619 New
VRS
116
Virginia Retirement Systems
Virginia
$27.3M -$9.37M -139,500 -25%
Chevy Chase Trust
117
Chevy Chase Trust
Maryland
$27.1M -$44.9K -669 -0.2%
Teacher Retirement System of Texas
118
Teacher Retirement System of Texas
Texas
$26.2M -$3.13M -46,571 -10%
BNP Paribas Financial Markets
119
BNP Paribas Financial Markets
France
$26M -$58.2M -866,901 -69%
Russell Investments Group
120
Russell Investments Group
United Kingdom
$25.8M -$32.7M -486,925 -55%
Canada Life
121
Canada Life
Manitoba, Canada
$24.3M -$1.04M -15,550 -4%
CIM
122
Chiron Investment Management
New York
$23.7M -$18.9M -280,623 -44%
Envestnet Asset Management
123
Envestnet Asset Management
Illinois
$23.5M +$23.5M +349,435 +4,770%
US Bancorp
124
US Bancorp
Minnesota
$23M -$2.7M -40,229 -10%
Citigroup
125
Citigroup
New York
$23M -$17.7M -263,423 -43%

BAX Hedge Fund Activity: Q4 2018 in Review

1,052 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2018, worth a combined $28.9B — down 17% from $34.9B a quarter earlier.

Sellers outnumbered buyers: 121 funds closed out of BAX and 117 opened new positions — a net loss of 4 holders — while 413 trimmed existing stakes and 300 added.

The largest buyer was Wellington Management Group, adding an estimated $310M. The largest seller was Third Point, cutting an estimated $537M.

  • 1,052 institutional investors held Baxter International (BAX) as of Q4 2018, down from 1,069 in Q3 2018.
  • Funds reported $28.9B of Baxter International stock for Q4 2018, down 17% quarter-over-quarter.
  • 117 funds opened new Baxter International positions in Q4 2018 and 121 closed out, a net change of -4 holders.
  • The largest Baxter International buyer in Q4 2018 was Wellington Management Group, an estimated $310M added.
  • The largest Baxter International seller in Q4 2018 was Third Point, an estimated $537M sold.

Based on aggregated 13F filings for Q4 2018.