Baxter International
1,053 hedge funds and large institutions have $29.2B invested in Baxter International in 2018 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 300 increasing their positions, 413 reducing their positions, and 120 closing their positions.
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
3% less first-time investments, than exits
New positions opened: 117 | Existing positions closed: 120
8% less call options, than puts
Call options by funds: $79.5M | Put options by funds: $86.9M
1% less funds holding
Funds holding: 1,069 → 1,053 (-16)
1.62% less ownership
Funds ownership: 84.81% → 83.2% (-1.6%)
17% less capital invested
Capital invested by funds: $34.9B → $29.2B (-$5.77B)
27% less repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 413
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$310M |
| 2 |
Lazard Asset Management
New York
|
+$301M |
| 3 |
Morgan Stanley
New York
|
+$274M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$241M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$212M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$537M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$356M |
| 3 |
SCM
Suvretta Capital Management
New York
|
-$238M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$186M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$155M |
BAX Hedge Fund Activity: Q4 2018 in Review
1,053 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2018, worth a combined $29.2B — down 17% from $34.9B a quarter earlier.
Sellers outnumbered buyers: 120 funds closed out of BAX and 117 opened new positions — a net loss of 3 holders — while 413 trimmed existing stakes and 300 added.
The largest buyer was Wellington Management Group, adding an estimated $310M. The largest seller was Third Point, cutting an estimated $537M.
- 1,053 institutional investors held Baxter International (BAX) as of Q4 2018, down from 1,069 in Q3 2018.
- Funds reported $29.2B of Baxter International stock for Q4 2018, down 17% quarter-over-quarter.
- 117 funds opened new Baxter International positions in Q4 2018 and 120 closed out, a net change of -3 holders.
- The largest Baxter International buyer in Q4 2018 was Wellington Management Group, an estimated $310M added.
- The largest Baxter International seller in Q4 2018 was Third Point, an estimated $537M sold.
Based on aggregated 13F filings for Q4 2018.