Baxter International
921 hedge funds and large institutions have $20.4B invested in Baxter International in 2016 Q4 according to their latest regulatory filings, with 119 funds opening new positions, 304 increasing their positions, 360 reducing their positions, and 81 closing their positions.
47% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 81
3% more funds holding
Funds holding: 896 → 921 (+25)
10% more call options, than puts
Call options by funds: $123M | Put options by funds: $112M
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
0.69% less ownership
Funds ownership: 85.44% → 84.75% (-0.69%)
6% less capital invested
Capital invested by funds: $21.9B → $20.4B (-$1.42B)
16% less repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 360
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$335M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$205M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$133M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$101M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$79.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$249M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$190M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$139M |
| 4 |
First Eagle Investment Management
New York
|
-$122M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$110M |
BAX Hedge Fund Activity: Q4 2016 in Review
921 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2016, worth a combined $20.4B — down 6.5% from $21.9B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new BAX positions and 81 closed out — a net gain of 38 holders — while 304 added to existing stakes and 360 trimmed.
The largest buyer was Harris Associates, adding an estimated $335M. The largest seller was Citadel Advisors, cutting an estimated $249M.
- 921 institutional investors held Baxter International (BAX) as of Q4 2016, up from 896 in Q3 2016.
- Funds reported $20.4B of Baxter International stock for Q4 2016, down 6.5% quarter-over-quarter.
- 119 funds opened new Baxter International positions in Q4 2016 and 81 closed out, a net change of +38 holders.
- The largest Baxter International buyer in Q4 2016 was Harris Associates, an estimated $335M added.
- The largest Baxter International seller in Q4 2016 was Citadel Advisors, an estimated $249M sold.
Based on aggregated 13F filings for Q4 2016.