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Baxter International

1,038 hedge funds and large institutions have $31B invested in Baxter International in 2015 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 369 increasing their positions, 420 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more funds holding in top 10

Funds holding in top 10: 2331 (+8)

24% more call options, than puts

Call options by funds: $233M | Put options by funds: $187M

2.69% more ownership

Funds ownership: 151.43%154.12% (+2.7%)

1% more capital invested

Capital invested by funds: $30.8B → $31B (+$250M)

3% less funds holding

Funds holding: 1,0691,038 (-31)

12% less repeat investments, than reductions

Existing positions increased: 369 | Existing positions reduced: 420

16% less first-time investments, than exits

New positions opened: 87 | Existing positions closed: 104

Holders
1,038
Holders Change
-31
Holders Change %
-2.9%
% of All Funds
27.96%
Holding in Top 10
31
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+34.78%
% of All Funds
0.84%
New
87
Increased
369
Reduced
420
Closed
104
Calls
$233M
Puts
$187M
Net Calls
+$45.6M
Net Calls Change
-$54.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Chevy Chase Trust
126
Chevy Chase Trust
Maryland
$33.2M +$346K +9,257 +1%
Two Sigma Investments
127
Two Sigma Investments
New York
$32.2M -$46.6M -1,245,907 -59%
GIA
128
Gateway Investment Advisers
Ohio
$32M -$89.8K -2,403 -0.3%
Millennium Management
129
Millennium Management
New York
$31.9M -$28.9M -773,357 -48%
AC
130
Ascend Capital
California
$31.8M -$17.2M -459,462 -23%
PFC
131
Poplar Forest Capital
California
$31.7M -$1.15M -30,859 -4%
WG
132
Winton Group
United Kingdom
$31M -$33.1M -886,419 -52%
SRIM
133
Saratoga Research & Investment Management
California
$30.7M +$2.44M +65,184 +9%
DCM
134
Discovery Capital Management
Connecticut
$30.5M -$75.8M -2,029,150 -72%
Ohio Public Employees Retirement System (OPERS)
135
Ohio Public Employees Retirement System (OPERS)
Ohio
$30M +$611K +16,359 +2%
Franklin Resources
136
Franklin Resources
California
$29.8M -$206K -5,512 -0.7%
DL
137
Delta Lloyd
Netherlands
$29.3M -$22.5M -602,423 -44%
GF
138
Gabelli Funds
New York
$29.2M +$7.92M +211,837 +38%
SDIC
139
South Dakota Investment Council
South Dakota
$29.2M +$5.86M +156,814 +26%
AIG
140
American International Group
New York
$28.6M +$822K +21,987 +3%
Comerica Bank
141
Comerica Bank
Texas
$27.3M +$13.1M +349,135 +95%
CI Investments Inc
142
CI Investments Inc
Ontario, Canada
$27.1M -$1.93M -51,733 -7%
AAM
143
Advisors Asset Management
Colorado
$26.9M +$7.5M +200,759 +40%
Janus Henderson Group
144
Janus Henderson Group
United Kingdom
$25.8M -$1.17M -31,312 -4%
AA
145
ALPS Advisors
Colorado
$25.6M +$1.1M +29,521 +5%
Brown Advisory
146
Brown Advisory
Maryland
$25.4M -$15.5M -415,175 -38%
WRBC
147
W.R. Berkley Corp
Connecticut
$25.2M +$24.8M +662,208 New
FGP
148
Foyston, Gordon, & Payne
Ontario, Canada
$24.9M +$1.98M +52,853 +9%
US Bancorp
149
US Bancorp
Minnesota
$24.3M -$1.53M -40,798 -6%
Bank of Nova Scotia
150
Bank of Nova Scotia
Ontario, Canada
$24.2M +$296K +7,926 +1%

BAX Hedge Fund Activity: Q2 2015 in Review

1,038 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q2 2015, worth a combined $31B — up 0.81% from $30.8B a quarter earlier.

Sellers outnumbered buyers: 104 funds closed out of BAX and 87 opened new positions — a net loss of 17 holders — while 420 trimmed existing stakes and 369 added.

The largest buyer was York Capital Management Global Advisors, opening a new position worth an estimated $556M. The largest seller was Allianz Asset Management, cutting an estimated $385M.

  • 1,038 institutional investors held Baxter International (BAX) as of Q2 2015, down from 1,069 in Q1 2015.
  • Funds reported $31B of Baxter International stock for Q2 2015, up 0.81% quarter-over-quarter.
  • 87 funds opened new Baxter International positions in Q2 2015 and 104 closed out, a net change of -17 holders.
  • The largest Baxter International buyer in Q2 2015 was York Capital Management Global Advisors, an estimated $556M added.
  • The largest Baxter International seller in Q2 2015 was Allianz Asset Management, an estimated $385M sold.

Based on aggregated 13F filings for Q2 2015.