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.
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: 981 → 909 (-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: 11 → 9 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$420M |
| 2 |
JP Morgan Chase
New York
|
+$272M |
| 3 |
Pzena Investment Management
New York
|
+$244M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$224M |
| 5 |
CG
Carmignac Gestion
Paris,
France
|
+$170M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$377M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$231M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$151M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$140M |
| 5 |
Amundi
Paris,
France
|
-$87.2M |
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.