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Baxter International

890 hedge funds and large institutions have $17.2B invested in Baxter International in 2015 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 270 increasing their positions, 387 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

192% more call options, than puts

Call options by funds: $366M | Put options by funds: $125M

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

15% more capital invested

Capital invested by funds: $15B → $17.2B (+$2.23B)

12% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 97

0% more funds holding

Funds holding: 888890 (+2)

1.1% less ownership

Funds ownership: 84.47%83.37% (-1.1%)

30% less repeat investments, than reductions

Existing positions increased: 270 | Existing positions reduced: 387

Holders
890
Holders Change
+2
Holders Change %
+0.23%
% of All Funds
23.35%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.24%
New
109
Increased
270
Reduced
387
Closed
97
Calls
$366M
Puts
$125M
Net Calls
+$241M
Net Calls Change
+$59.4M
Name Holding Trade Value Shares
Change
Change in
Stake
TP
1
Third Point
New York
$2.05B
Wellington Management Group
2
Wellington Management Group
Massachusetts
$1.26B +$83M +2,269,707 +7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.22B +$30.3M +829,839 +3%
State Street
4
State Street
Massachusetts
$958M +$19.2M +525,838 +2%
BIT
5
BlackRock Institutional Trust
California
$564M +$17.8M +486,319 +3%
State Farm Mutual Automobile Insurance
6
State Farm Mutual Automobile Insurance
Illinois
$485M
VAM
7
Veritas Asset Management
United Kingdom
$404M +$73M +1,998,599 +23%
Northern Trust
8
Northern Trust
Illinois
$347M -$21.4M -584,580 -6%
Invesco
9
Invesco
Georgia
$344M -$32.6M -892,812 -9%
BFA
10
BlackRock Fund Advisors
California
$310M +$3.62M +99,160 +1%
YCMGA
11
York Capital Management Global Advisors
New York
$301M -$90.7M -2,480,768 -24%
AAM
12
Aberdeen Asset Management
United Kingdom
$293M -$59.4M -1,625,039 -16%
Citadel Advisors
13
Citadel Advisors
Florida
$288M +$223M +6,088,610 +417%
Aristotle Capital Management
14
Aristotle Capital Management
California
$250M +$49.9M +1,364,103 +26%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$221M -$89.2M -2,439,565 -30%
American Century Companies
16
American Century Companies
Missouri
$220M +$211M +5,762,926 +57,474%
JP
17
Jana Partners
New York
$218M -$251M -6,871,398 -55%
BG
18
BlackRock Group
United Kingdom
$210M +$25.8M +706,177 +15%
Bank of America
19
Bank of America
North Carolina
$204M +$383K +10,470 +0.2%
Norges Bank
20
Norges Bank
Norway
$189M -$13.2M -360,986 -7%
Pzena Investment Management
21
Pzena Investment Management
New York
$181M -$4.62M -126,464 -3%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$167M +$122M +3,344,820 +322%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$163M -$4.31M -117,872 -3%
BA
24
BlackRock Advisors
Delaware
$152M +$51M +1,396,089 +54%
JHIU
25
Janus Henderson Investors US
Colorado
$139M -$24.4M -668,301 -15%

BAX Hedge Fund Activity: Q4 2015 in Review

890 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2015, worth a combined $17.2B — up 15% from $15B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new BAX positions and 97 closed out — a net gain of 12 holders — while 270 added to existing stakes and 387 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $223M. The largest seller was Macquarie Group, cutting an estimated $334M.

  • 890 institutional investors held Baxter International (BAX) as of Q4 2015, up from 888 in Q3 2015.
  • Funds reported $17.2B of Baxter International stock for Q4 2015, up 15% quarter-over-quarter.
  • 109 funds opened new Baxter International positions in Q4 2015 and 97 closed out, a net change of +12 holders.
  • The largest Baxter International buyer in Q4 2015 was Citadel Advisors, an estimated $223M added.
  • The largest Baxter International seller in Q4 2015 was Macquarie Group, an estimated $334M sold.

Based on aggregated 13F filings for Q4 2015.