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Baxter International

1,147 hedge funds and large institutions have $35.7B invested in Baxter International in 2019 Q4 according to their latest regulatory filings, with 157 funds opening new positions, 340 increasing their positions, 417 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more first-time investments, than exits

New positions opened: 157 | Existing positions closed: 74

83% more call options, than puts

Call options by funds: $238M | Put options by funds: $130M

6% more funds holding

Funds holding: 1,0831,147 (+64)

0.74% less ownership

Funds ownership: 84.22%83.48% (-0.74%)

5% less capital invested

Capital invested by funds: $37.5B → $35.7B (-$1.88B)

18% less repeat investments, than reductions

Existing positions increased: 340 | Existing positions reduced: 417

37% less funds holding in top 10

Funds holding in top 10: 1912 (-7)

Holders
1,147
Holders Change
+64
Holders Change %
+5.91%
% of All Funds
22.6%
Holding in Top 10
12
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-36.84%
% of All Funds
0.24%
New
157
Increased
340
Reduced
417
Closed
74
Calls
$238M
Puts
$130M
Net Calls
+$107M
Net Calls Change
+$50.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$3.41B -$159M -1,920,389 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.29B +$31.3M +378,191 +1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$2.61B +$47.3M +572,141 +2%
State Street
4
State Street
Massachusetts
$2B -$26.2M -317,197 -1%
Morgan Stanley
5
Morgan Stanley
New York
$1.51B +$33.1M +400,496 +2%
TP
6
Third Point
New York
$1.46B +$53.8M +650,000 +4%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$1.13B -$459M -5,545,264 -29%
Ameriprise
8
Ameriprise
Minnesota
$871M -$191M -2,311,270 -18%
Northern Trust
9
Northern Trust
Illinois
$725M -$1.03M -12,486 -0.1%
VAM
10
Veritas Asset Management
United Kingdom
$607M +$72.5M +876,800 +14%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$601M +$19.7M +238,284 +3%
N
12
Nuveen
North Carolina
$600M +$237M +2,867,801 +67%
Norges Bank
13
Norges Bank
Norway
$594M +$15.9M +192,585 +3%
State Farm Mutual Automobile Insurance
14
State Farm Mutual Automobile Insurance
Illinois
$573M
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$571M +$32.4M +391,314 +6%
GIM
16
Generation Investment Management
United Kingdom
$570M +$564M +6,817,806 New
Lazard Asset Management
17
Lazard Asset Management
New York
$566M -$11.8M -142,236 -2%
Citadel Advisors
18
Citadel Advisors
Florida
$461M +$373M +4,511,252 +451%
Capital International Investors
19
Capital International Investors
California
$382M +$378M +4,567,379 New
Bank of New York Mellon
20
Bank of New York Mellon
New York
$341M -$105M -1,271,428 -24%
Bank of America
21
Bank of America
North Carolina
$335M -$498M -6,023,220 -60%
Aberdeen Group
22
Aberdeen Group
United Kingdom
$325M +$12.3M +148,183 +4%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$316M -$1.52M -18,421 -0.5%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$313M +$2.53M +30,610 +0.8%
Legal & General Group
25
Legal & General Group
United Kingdom
$300M +$6.29M +76,044 +2%

BAX Hedge Fund Activity: Q4 2019 in Review

1,147 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q4 2019, worth a combined $35.7B — down 5% from $37.5B a quarter earlier.

Buyers outnumbered sellers: 157 funds opened new BAX positions and 74 closed out — a net gain of 83 holders — while 340 added to existing stakes and 417 trimmed.

The largest buyer was Generation Investment Management, opening a new position worth an estimated $564M. The largest seller was Bank of America, cutting an estimated $498M.

  • 1,147 institutional investors held Baxter International (BAX) as of Q4 2019, up from 1,083 in Q3 2019.
  • Funds reported $35.7B of Baxter International stock for Q4 2019, down 5% quarter-over-quarter.
  • 157 funds opened new Baxter International positions in Q4 2019 and 74 closed out, a net change of +83 holders.
  • The largest Baxter International buyer in Q4 2019 was Generation Investment Management, an estimated $564M added.
  • The largest Baxter International seller in Q4 2019 was Bank of America, an estimated $498M sold.

Based on aggregated 13F filings for Q4 2019.