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Baxter International

909 hedge funds and large institutions have $16.9B invested in Baxter International in 2023 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 285 increasing their positions, 379 reducing their positions, and 132 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more call options, than puts

Call options by funds: $293M | Put options by funds: $121M

1.36% more ownership

Funds ownership: 87.1%88.46% (+1.4%)

7% less funds holding

Funds holding: 981909 (-72)

16% less capital invested

Capital invested by funds: $20.1B → $16.9B (-$3.16B)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

25% less repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 379

42% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 132

Holders
909
Holders Change
-72
Holders Change %
-7.34%
% of All Funds
14.43%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
77
Increased
285
Reduced
379
Closed
132
Calls
$293M
Puts
$121M
Net Calls
+$173M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
Marshall Wace
126
Marshall Wace
United Kingdom
$11.3M -$231M -5,415,839 -95%
CIBC Asset Management
127
CIBC Asset Management
Ontario, Canada
$11.1M +$433K +10,171 +4%
Chevy Chase Trust
128
Chevy Chase Trust
Maryland
$10.8M -$284K -6,673 -2%
State of New Jersey Common Pension Fund D
129
State of New Jersey Common Pension Fund D
New Jersey
$10.6M -$555K -13,034 -4%
Mitsubishi UFJ Trust & Banking
130
Mitsubishi UFJ Trust & Banking
Japan
$10.6M -$341K -8,007 -3%
TAM
131
Tocqueville Asset Management
New York
$10.6M -$2.81M -65,960 -19%
SO
132
STRS Ohio
Ohio
$10.5M +$5.03M +118,000 +73%
Ohio Public Employees Retirement System (OPERS)
133
Ohio Public Employees Retirement System (OPERS)
Ohio
$10.3M -$317K -7,438 -3%
LPL Financial
134
LPL Financial
California
$10.2M +$3.1M +72,707 +37%
Toronto Dominion Bank
135
Toronto Dominion Bank
Ontario, Canada
$10.1M -$394K -9,249 -3%
GF
136
Gabelli Funds
New York
$10.1M -$29.8K -700 -0.3%
CCM
137
Callodine Capital Management
Massachusetts
$10M +$11.3M +265,000 New
Wealth Enhancement Advisory Services
138
Wealth Enhancement Advisory Services
Minnesota
$9.5M +$10.5M +246,421 +4,566%
Pictet Asset Management
139
Pictet Asset Management
Switzerland
$9.23M +$10.4M +244,606 New
Victory Capital Management
140
Victory Capital Management
Texas
$8.89M +$266K +6,255 +3%
JFG
141
Jefferies Financial Group
New York
$8.81M +$323K +7,581 +3%
MHC
142
Meyer Handelman Company
New York
$8.76M
OAM
143
Oppenheimer Asset Management
New York
$8.43M +$1.41M +33,036 +17%
OCM
144
Olstein Capital Management
New York
$8.38M +$1.83M +43,000 +24%
HCM
145
Hillman Capital Management
Maryland
$8.27M +$9.34M +219,248 New
Calamos Advisors
146
Calamos Advisors
Illinois
$7.83M
Handelsbanken Fonder
147
Handelsbanken Fonder
Sweden
$7.62M +$488K +11,456 +6%
Royal London Asset Management
148
Royal London Asset Management
United Kingdom
$7.61M +$402K +9,448 +5%
CSUI
149
Cincinnati Specialty Underwriters Insurance
Ohio
$7.6M +$4.47M +105,000 +109%
Asset Management One
150
Asset Management One
Japan
$7.57M -$236K -5,530 -3%

BAX Hedge Fund Activity: Q3 2023 in Review

909 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2023, worth a combined $16.9B — down 16% from $20.1B a quarter earlier.

Sellers outnumbered buyers: 132 funds closed out of BAX and 77 opened new positions — a net loss of 55 holders — while 379 trimmed existing stakes and 285 added.

The largest buyer was Dodge & Cox, opening a new position worth an estimated $420M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $377M sold.

  • 909 institutional investors held Baxter International (BAX) as of Q3 2023, down from 981 in Q2 2023.
  • Funds reported $16.9B of Baxter International stock for Q3 2023, down 16% quarter-over-quarter.
  • 77 funds opened new Baxter International positions in Q3 2023 and 132 closed out, a net change of -55 holders.
  • The largest Baxter International buyer in Q3 2023 was Dodge & Cox, an estimated $420M added.
  • The largest Baxter International seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $377M sold.

Based on aggregated 13F filings for Q3 2023.