Baxter International
1,075 hedge funds and large institutions have $33.6B invested in Baxter International in 2018 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 317 increasing their positions, 429 reducing their positions, and 72 closing their positions.
28% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 72
14% more capital invested
Capital invested by funds: $29.6B → $33.6B (+$4.02B)
1% more funds holding
Funds holding: 1,061 → 1,075 (+14)
0.29% more ownership
Funds ownership: 84.71% → 85% (+0.29%)
7% less call options, than puts
Call options by funds: $87.7M | Put options by funds: $94.6M
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
26% less repeat investments, than reductions
Existing positions increased: 317 | Existing positions reduced: 429
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$412M |
| 2 |
SCM
Suvretta Capital Management
New York
|
+$194M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$193M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$162M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$188M |
| 2 |
Goldman Sachs
New York
|
-$174M |
| 3 |
BlackRock
New York
|
-$120M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$108M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$84.8M |
BAX Hedge Fund Activity: Q2 2018 in Review
1,075 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q2 2018, worth a combined $33.6B — up 14% from $29.6B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new BAX positions and 72 closed out — a net gain of 20 holders — while 317 added to existing stakes and 429 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $412M. The largest seller was APG Asset Management, cutting an estimated $188M.
- 1,075 institutional investors held Baxter International (BAX) as of Q2 2018, up from 1,061 in Q1 2018.
- Funds reported $33.6B of Baxter International stock for Q2 2018, up 14% quarter-over-quarter.
- 92 funds opened new Baxter International positions in Q2 2018 and 72 closed out, a net change of +20 holders.
- The largest Baxter International buyer in Q2 2018 was Fidelity Investments, an estimated $412M added.
- The largest Baxter International seller in Q2 2018 was APG Asset Management, an estimated $188M sold.
Based on aggregated 13F filings for Q2 2018.