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Baxter International

992 hedge funds and large institutions have $32.8B invested in Baxter International in 2014 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 424 increasing their positions, 325 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more funds holding in top 10

Funds holding in top 10: 1528 (+13)

67% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 58

62% more call options, than puts

Call options by funds: $491M | Put options by funds: $304M

30% more repeat investments, than reductions

Existing positions increased: 424 | Existing positions reduced: 325

6% more capital invested

Capital invested by funds: $30.8B → $32.8B (+$1.99B)

3% more funds holding

Funds holding: 963992 (+29)

1.2% more ownership

Funds ownership: 148.21%149.4% (+1.2%)

Holders
992
Holders Change
+29
Holders Change %
+3.01%
% of All Funds
28.65%
Holding in Top 10
28
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+86.67%
% of All Funds
0.81%
New
97
Increased
424
Reduced
325
Closed
58
Calls
$491M
Puts
$304M
Net Calls
+$188M
Net Calls Change
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.97B +$45.9M +1,228,617 +3%
State Street
2
State Street
Massachusetts
$1.77B -$76.8M -2,054,700 -4%
BIT
3
BlackRock Institutional Trust
California
$1.22B +$25.5M +681,868 +2%
AAM
4
Aberdeen Asset Management
United Kingdom
$1.04B -$61M -1,632,635 -6%
Capital World Investors
5
Capital World Investors
California
$976M -$446M -11,925,639 -33%
State Farm Mutual Automobile Insurance
6
State Farm Mutual Automobile Insurance
Illinois
$974M
BBHC
7
Brown Brothers Harriman & Co
New York
$881M +$14.1M +377,383 +2%
Wells Fargo
8
Wells Fargo
California
$850M +$29.3M +784,964 +4%
Northern Trust
9
Northern Trust
Illinois
$755M +$55.5M +1,483,276 +9%
JP Morgan Chase
10
JP Morgan Chase
New York
$726M +$112M +2,992,757 +20%
IC
11
Institutional Capital
Illinois
$669M -$104M -2,790,687 -14%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$669M +$23.4M +626,910 +4%
BTS
13
BB&T Securities
Virginia
$595M +$576K +15,420 +1%
BFA
14
BlackRock Fund Advisors
California
$482M +$33.1M +884,155 +8%
Macquarie Group
15
Macquarie Group
Australia
$452M +$24.1M +643,348 +6%
Morgan Stanley
16
Morgan Stanley
New York
$449M -$13.1M -350,195 -3%
Allianz Asset Management
17
Allianz Asset Management
Germany
$442M +$252M +6,744,277 +156%
Deutsche Bank
18
Deutsche Bank
Germany
$424M +$61.4M +1,643,238 +18%
LSV Asset Management
19
LSV Asset Management
Illinois
$418M +$52.2M +1,396,713 +15%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$412M -$168M -4,491,226 -30%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$395M +$18.1M +483,528 +5%
Bank of America
22
Bank of America
North Carolina
$394M -$36M -964,241 -9%
Lazard Asset Management
23
Lazard Asset Management
New York
$389M -$8.66M -231,589 -2%
BG
24
BlackRock Group
United Kingdom
$364M -$4.66M -124,735 -1%
PI
25
Putnam Investments
Massachusetts
$301M -$8.07M -215,817 -3%

BAX Hedge Fund Activity: Q1 2014 in Review

992 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2014, worth a combined $32.8B — up 6.5% from $30.8B a quarter earlier.

Buyers outnumbered sellers: 97 funds opened new BAX positions and 58 closed out — a net gain of 39 holders — while 424 added to existing stakes and 325 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $252M. The largest seller was Capital World Investors, cutting an estimated $446M.

  • 992 institutional investors held Baxter International (BAX) as of Q1 2014, up from 963 in Q4 2013.
  • Funds reported $32.8B of Baxter International stock for Q1 2014, up 6.5% quarter-over-quarter.
  • 97 funds opened new Baxter International positions in Q1 2014 and 58 closed out, a net change of +39 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 Capital World Investors, an estimated $446M sold.

Based on aggregated 13F filings for Q1 2014.