Baxter International
889 hedge funds and large institutions have $15.1B invested in Baxter International in 2015 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 48 increasing their positions, 751 reducing their positions, and 235 closing their positions.
249% more call options, than puts
Call options by funds: $254M | Put options by funds: $72.9M
14% less funds holding
Funds holding: 1,039 → 889 (-150)
51% less capital invested
Capital invested by funds: $31.2B → $15.1B (-$16.1B)
62% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 235
69.65% less ownership
Funds ownership: 154.12% → 84.47% (-70%)
81% less funds holding in top 10
Funds holding in top 10: 31 → 6 (-25)
94% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 751
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$1.76B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$637M |
| 3 |
JP
Jana Partners
New York
|
+$476M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$84.6M |
| 5 |
SV
Starboard Value
New York
|
+$47.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$960M |
| 2 |
State Street
Boston,
Massachusetts
|
-$807M |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$714M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$617M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$542M |
BAX Hedge Fund Activity: Q3 2015 in Review
889 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2015, worth a combined $15.1B — down 51% from $31.2B a quarter earlier.
Sellers outnumbered buyers: 235 funds closed out of BAX and 90 opened new positions — a net loss of 145 holders — while 751 trimmed existing stakes and 48 added.
The largest buyer was Third Point, adding an estimated $1.76B. The largest seller was Vanguard Group, cutting an estimated $960M.
- 889 institutional investors held Baxter International (BAX) as of Q3 2015, down from 1,039 in Q2 2015.
- Funds reported $15.1B of Baxter International stock for Q3 2015, down 51% quarter-over-quarter.
- 90 funds opened new Baxter International positions in Q3 2015 and 235 closed out, a net change of -145 holders.
- The largest Baxter International buyer in Q3 2015 was Third Point, an estimated $1.76B added.
- The largest Baxter International seller in Q3 2015 was Vanguard Group, an estimated $960M sold.
Based on aggregated 13F filings for Q3 2015.