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Baxter International

888 hedge funds and large institutions have $15B invested in Baxter International in 2015 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 47 increasing their positions, 751 reducing their positions, and 235 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $254M | Put options by funds: $72.9M

14% less funds holding

Funds holding: 1,038888 (-150)

52% less capital invested

Capital invested by funds: $31B → $15B (-$16.1B)

62% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 235

69.65% less ownership

Funds ownership: 154.12%84.47% (-70%)

81% less funds holding in top 10

Funds holding in top 10: 316 (-25)

94% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 751

Holders
888
Holders Change
-150
Holders Change %
-14.45%
% of All Funds
24.79%
Holding in Top 10
6
Holding in Top 10 Change
-25
Holding in Top 10 Change %
-80.65%
% of All Funds
0.17%
New
90
Increased
47
Reduced
751
Closed
235
Calls
$254M
Puts
$72.9M
Net Calls
+$181M
Net Calls Change
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
CC
151
Chubb Corp
New Jersey
$8.87M -$8.6M -227,070 -46%
Schroder Investment Management Group
152
Schroder Investment Management Group
United Kingdom
$8.85M -$195M -5,150,295 -95%
Asset Management One
153
Asset Management One
Japan
$8.82M -$6.39M -168,708 -38%
USAA
154
United Services Automobile Association
Texas
$8.58M -$4.94M -130,589 -33%
Nomura Asset Management
155
Nomura Asset Management
Japan
$8.17M -$8.3M -219,214 -47%
NFA
156
Nationwide Fund Advisors
Ohio
$8.11M -$13.3M -350,229 -59%
HCM
157
Highbridge Capital Management
New York
$8.09M +$8.96M +236,817 +2,524%
GH
158
GAM Holding
Switzerland
$8.06M -$4.28M -113,163 -32%
CCMH
159
Cornerstone Capital Management Holdings
New York
$8M -$775K -20,468 -8%
Caisse de Depot et Placement du Quebec (CDPQ)
160
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.92M -$7.53M -198,999 -45%
RCM
161
Riverhead Capital Management
Delaware
$7.87M -$4.97M -131,195 -35%
PP
162
Paloma Partners
Connecticut
$7.83M +$9.02M +238,333 New
CSS
163
Cubist Systematic Strategies
Connecticut
$7.64M +$7.39M +195,105 +520%
RJA
164
Raymond James & Associates
Florida
$7.43M -$13.7M -361,981 -62%
ACI
165
AMP Capital Investors
Australia
$7.4M -$12.1M -318,408 -58%
BNP Paribas Asset Management
166
BNP Paribas Asset Management
France
$7.27M -$6.98M -184,430 -45%
SBH
167
Segall Bryant & Hamill
Illinois
$7.13M -$9.95M -262,943 -55%
VOYA Investment Management
168
VOYA Investment Management
Georgia
$7.08M -$6.14M -162,072 -43%
CTB
169
Country Trust Bank
Illinois
$6.95M -$13.3M -352,247 -62%
DWM
170
Destination Wealth Management
California
$6.93M -$15.5M -410,364 -66%
ARC
171
Absolute Return Capital
Massachusetts
$6.92M -$3.38M -89,241 -30%
MCM
172
Moore Capital Management
New York
$6.9M +$7.95M +210,000 New
MNA
173
Manning & Napier Advisors
New York
$6.68M -$4.71M -124,387 -38%
MIS
174
Morningstar Investment Services
Illinois
$6.67M -$7.65M -201,970 -50%
Comerica Bank
175
Comerica Bank
Texas
$6.64M -$19.5M -516,050 -72%

BAX Hedge Fund Activity: Q3 2015 in Review

888 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2015, worth a combined $15B — down 52% from $31B a quarter earlier.

Sellers outnumbered buyers: 235 funds closed out of BAX and 90 opened new positions — a net loss of 145 holders — while 751 trimmed existing stakes and 47 added.

The largest buyer was Third Point, adding an estimated $1.76B. The largest seller was Vanguard Group, cutting an estimated $960M.

  • 888 institutional investors held Baxter International (BAX) as of Q3 2015, down from 1,038 in Q2 2015.
  • Funds reported $15B of Baxter International stock for Q3 2015, down 52% quarter-over-quarter.
  • 90 funds opened new Baxter International positions in Q3 2015 and 235 closed out, a net change of -145 holders.
  • The largest Baxter International buyer in Q3 2015 was Third Point, an estimated $1.76B added.
  • The largest Baxter International seller in Q3 2015 was Vanguard Group, an estimated $960M sold.

Based on aggregated 13F filings for Q3 2015.