Baxter International
992 hedge funds and large institutions have $32.3B invested in Baxter International in 2014 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 423 increasing their positions, 326 reducing their positions, and 59 closing their positions.
87% more funds holding in top 10
Funds holding in top 10: 15 → 28 (+13)
64% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 59
63% more call options, than puts
Call options by funds: $496M | Put options by funds: $305M
30% more repeat investments, than reductions
Existing positions increased: 423 | Existing positions reduced: 326
3% more funds holding
Funds holding: 964 → 992 (+28)
4% more capital invested
Capital invested by funds: $31.2B → $32.3B (+$1.12B)
2.8% less ownership
Funds ownership: 152.2% → 149.4% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$252M |
| 2 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$229M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$148M |
| 4 |
JP Morgan Chase
New York
|
+$112M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$79.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$796M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$446M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$172M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$168M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$150M |
BAX Hedge Fund Activity: Q1 2014 in Review
992 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2014, worth a combined $32.3B — up 3.6% from $31.2B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new BAX positions and 59 closed out — a net gain of 38 holders — while 423 added to existing stakes and 326 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $252M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $796M.
- 992 institutional investors held Baxter International (BAX) as of Q1 2014, up from 964 in Q4 2013.
- Funds reported $32.3B of Baxter International stock for Q1 2014, up 3.6% quarter-over-quarter.
- 97 funds opened new Baxter International positions in Q1 2014 and 59 closed out, a net change of +38 holders.
- The largest Baxter International buyer in Q1 2014 was Allianz Asset Management, an estimated $252M added.
- The largest Baxter International seller in Q1 2014 was Brown Brothers Harriman & Co, an estimated $796M sold.
Based on aggregated 13F filings for Q1 2014.