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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 93 funds opening new positions, 317 increasing their positions, 429 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 72

13% more capital invested

Capital invested by funds: $29.6B → $33.6B (+$3.96B)

1% more funds holding

Funds holding: 1,0601,075 (+15)

0.18% more ownership

Funds ownership: 84.83%85.01% (+0.18%)

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: 1918 (-1)

26% less repeat investments, than reductions

Existing positions increased: 317 | Existing positions reduced: 429

Holders
1,075
Holders Change
+15
Holders Change %
+1.42%
% of All Funds
24.61%
Holding in Top 10
18
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.26%
% of All Funds
0.41%
New
93
Increased
317
Reduced
429
Closed
72
Calls
$87.7M
Puts
$94.6M
Net Calls
-$6.96M
Net Calls Change
-$24.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$3.08B -$120M -1,695,889 -4%
TP
2
Third Point
New York
$2.66B
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.65B -$5.69M -80,708 -0.2%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$2.11B +$412M +5,845,720 +26%
State Street
5
State Street
Massachusetts
$1.68B -$47.4M -672,009 -3%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.44B +$162M +2,294,489 +13%
VAM
7
Veritas Asset Management
United Kingdom
$654M -$48.8M -692,497 -7%
Northern Trust
8
Northern Trust
Illinois
$634M -$24.1M -342,147 -4%
Ameriprise
9
Ameriprise
Minnesota
$615M +$483K +6,850 +0.1%
Norges Bank
10
Norges Bank
Norway
$557M +$22.5M +318,788 +4%
Harris Associates
11
Harris Associates
Illinois
$509M -$1.39M -19,768 -0.3%
State Farm Mutual Automobile Insurance
12
State Farm Mutual Automobile Insurance
Illinois
$506M
AQR Capital Management
13
AQR Capital Management
Connecticut
$502M +$92.6M +1,314,437 +24%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$445M +$7.43M +105,418 +2%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$438M +$1.2M +17,096 +0.3%
Wells Fargo
16
Wells Fargo
California
$423M -$4.62M -65,570 -1%
Invesco
17
Invesco
Georgia
$416M -$69.4M -984,151 -15%
Bank of America
18
Bank of America
North Carolina
$325M +$1.43M +20,252 +0.5%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$323M -$23M -326,133 -7%
Allianz Asset Management
20
Allianz Asset Management
Germany
$314M -$33M -468,615 -10%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$296M -$11.4M -162,129 -4%
AL
22
AJO LP
Pennsylvania
$293M -$2.25M -31,985 -0.8%
TCIM
23
TIAA CREF Investment Management
New York
$291M +$40M +567,364 +17%
Bessemer Group
24
Bessemer Group
New Jersey
$280M +$302K +4,285 +0.1%
JIM
25
Jupiter Investment Management
United Kingdom
$269M +$9.78M +138,734 +4%

BAX Hedge Fund Activity: Q2 2018 in Review

1,075 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q2 2018, worth a combined $33.6B — up 13% from $29.6B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new BAX positions and 72 closed out — a net gain of 21 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 1,060 in Q1 2018.
  • Funds reported $33.6B of Baxter International stock for Q2 2018, up 13% quarter-over-quarter.
  • 93 funds opened new Baxter International positions in Q2 2018 and 72 closed out, a net change of +21 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.