Baxter International
1,060 hedge funds and large institutions have $32.1B invested in Baxter International in 2014 Q4 according to their latest regulatory filings, with 134 funds opening new positions, 430 increasing their positions, 338 reducing their positions, and 63 closing their positions.
113% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 63
27% more repeat investments, than reductions
Existing positions increased: 430 | Existing positions reduced: 338
17% more funds holding in top 10
Funds holding in top 10: 23 → 27 (+4)
6% more funds holding
Funds holding: 1,003 → 1,060 (+57)
2.81% more ownership
Funds ownership: 146.25% → 149.06% (+2.8%)
3% more call options, than puts
Call options by funds: $298M | Put options by funds: $288M
3% more capital invested
Capital invested by funds: $31.1B → $32.1B (+$1.03B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$372M |
| 2 |
Pzena Investment Management
New York
|
+$283M |
| 3 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$162M |
| 4 |
Axa
Paris,
France
|
+$106M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$82.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$331M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$119M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$97.4M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$97M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$72.6M |
BAX Hedge Fund Activity: Q4 2014 in Review
1,060 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2014, worth a combined $32.1B — up 3.3% from $31.1B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new BAX positions and 63 closed out — a net gain of 71 holders — while 430 added to existing stakes and 338 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $372M. The largest seller was Bank of America, cutting an estimated $331M.
- 1,060 institutional investors held Baxter International (BAX) as of Q4 2014, up from 1,003 in Q3 2014.
- Funds reported $32.1B of Baxter International stock for Q4 2014, up 3.3% quarter-over-quarter.
- 134 funds opened new Baxter International positions in Q4 2014 and 63 closed out, a net change of +71 holders.
- The largest Baxter International buyer in Q4 2014 was Allianz Asset Management, an estimated $372M added.
- The largest Baxter International seller in Q4 2014 was Bank of America, an estimated $331M sold.
Based on aggregated 13F filings for Q4 2014.