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Baxter International

1,083 hedge funds and large institutions have $37.5B invested in Baxter International in 2019 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 347 increasing their positions, 399 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $124M | Put options by funds: $66.4M

45% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 58

36% more funds holding in top 10

Funds holding in top 10: 1419 (+5)

6% more capital invested

Capital invested by funds: $35.5B → $37.5B (+$2.07B)

2% more funds holding

Funds holding: 1,0661,083 (+17)

0.96% less ownership

Funds ownership: 85.18%84.22% (-0.96%)

13% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 399

Holders
1,083
Holders Change
+17
Holders Change %
+1.59%
% of All Funds
23.75%
Holding in Top 10
19
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+35.71%
% of All Funds
0.42%
New
84
Increased
347
Reduced
399
Closed
58
Calls
$124M
Puts
$66.4M
Net Calls
+$57.2M
Net Calls Change
+$93.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$3.74B +$182M +2,126,527 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.4B +$150M +1,754,335 +5%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$2.68B -$188M -2,197,966 -7%
State Street
4
State Street
Massachusetts
$2.12B +$53M +620,579 +3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.67B +$36.4M +426,596 +2%
Morgan Stanley
6
Morgan Stanley
New York
$1.54B +$41M +480,154 +3%
TP
7
Third Point
New York
$1.47B -$525M -6,150,000 -27%
Ameriprise
8
Ameriprise
Minnesota
$1.11B -$3.05M -35,745 -0.3%
Bank of America
9
Bank of America
North Carolina
$877M +$48.3M +566,378 +6%
Northern Trust
10
Northern Trust
Illinois
$760M -$6.22M -72,865 -0.8%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$609M +$45.3M +530,438 +8%
Norges Bank
12
Norges Bank
Norway
$605M +$69.8M +818,027 +13%
Lazard Asset Management
13
Lazard Asset Management
New York
$604M -$8.55M -100,149 -1%
State Farm Mutual Automobile Insurance
14
State Farm Mutual Automobile Insurance
Illinois
$599M
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$563M +$357K +4,186 +0.1%
VAM
16
Veritas Asset Management
United Kingdom
$559M -$128M -1,499,700 -19%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$468M +$77.5M +907,524 +20%
Bessemer Group
18
Bessemer Group
New Jersey
$377M -$31.4M -367,818 -8%
N
19
Nuveen
North Carolina
$376M +$6.16M +72,166 +2%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$332M +$11.3M +132,885 +4%
Aberdeen Group
21
Aberdeen Group
United Kingdom
$327M -$73.7M -862,918 -19%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$325M +$61.4K +719 +0%
Legal & General Group
23
Legal & General Group
United Kingdom
$307M +$4.43M +51,886 +1%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$298M -$63.9M -748,663 -18%
Mawer Investment Management
25
Mawer Investment Management
Alberta, Canada
$276M +$7.27M +85,125 +3%

BAX Hedge Fund Activity: Q3 2019 in Review

1,083 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2019, worth a combined $37.5B — up 5.8% from $35.5B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new BAX positions and 58 closed out — a net gain of 26 holders — while 347 added to existing stakes and 399 trimmed.

The largest buyer was BlackRock, adding an estimated $182M. The largest seller was Third Point, cutting an estimated $525M.

  • 1,083 institutional investors held Baxter International (BAX) as of Q3 2019, up from 1,066 in Q2 2019.
  • Funds reported $37.5B of Baxter International stock for Q3 2019, up 5.8% quarter-over-quarter.
  • 84 funds opened new Baxter International positions in Q3 2019 and 58 closed out, a net change of +26 holders.
  • The largest Baxter International buyer in Q3 2019 was BlackRock, an estimated $182M added.
  • The largest Baxter International seller in Q3 2019 was Third Point, an estimated $525M sold.

Based on aggregated 13F filings for Q3 2019.