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Baxter International

1,097 hedge funds and large institutions have $34.6B invested in Baxter International in 2020 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 345 increasing their positions, 421 reducing their positions, and 105 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $151M | Put options by funds: $144M

0.36% less ownership

Funds ownership: 85.58%85.22% (-0.36%)

3% less funds holding

Funds holding: 1,1341,097 (-37)

8% less capital invested

Capital invested by funds: $37.5B → $34.6B (-$2.83B)

18% less repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 421

22% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 105

24% less funds holding in top 10

Funds holding in top 10: 1713 (-4)

Holders
1,097
Holders Change
-37
Holders Change %
-3.26%
% of All Funds
22.13%
Holding in Top 10
13
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-23.53%
% of All Funds
0.26%
New
82
Increased
345
Reduced
421
Closed
105
Calls
$151M
Puts
$144M
Net Calls
+$7.04M
Net Calls Change
-$36.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$3.59B +$2.59M +30,773 +0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.17B -$49.2M -584,943 -1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$2.31B -$8.63M -102,570 -0.4%
Morgan Stanley
4
Morgan Stanley
New York
$1.92B +$361M +4,287,182 +22%
State Street
5
State Street
Massachusetts
$1.79B -$153M -1,819,629 -8%
Capital International Investors
6
Capital International Investors
California
$962M +$243M +2,892,084 +32%
GIM
7
Generation Investment Management
United Kingdom
$954M +$105M +1,251,817 +12%
VAM
8
Veritas Asset Management
United Kingdom
$881M +$169M +2,011,504 +22%
Ameriprise
9
Ameriprise
Minnesota
$695M +$94.6M +1,124,414 +15%
Northern Trust
10
Northern Trust
Illinois
$657M -$27.6M -327,533 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
11
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$633M +$22.4M +266,100 +3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$568M -$2.79M -33,190 -0.5%
JP Morgan Chase
13
JP Morgan Chase
New York
$564M -$93.4M -1,110,833 -13%
N
14
Nuveen
North Carolina
$553M +$121M +1,443,587 +27%
State Farm Mutual Automobile Insurance
15
State Farm Mutual Automobile Insurance
Illinois
$551M
Norges Bank
16
Norges Bank
Norway
$474M +$5.08M +60,345 +1%
Capital World Investors
17
Capital World Investors
California
$422M +$441M +5,245,643 New
Bank of New York Mellon
18
Bank of New York Mellon
New York
$351M +$12.8M +152,297 +4%
Lazard Asset Management
19
Lazard Asset Management
New York
$347M -$21.8M -259,374 -6%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$329M -$713M -8,476,443 -67%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$325M +$6.44M +76,568 +2%
Legal & General Group
22
Legal & General Group
United Kingdom
$307M +$290K +3,451 +0.1%
PI
23
Putnam Investments
Massachusetts
$306M -$23.9M -284,344 -7%
BBHC
24
Brown Brothers Harriman & Co
New York
$296M +$51.6M +613,470 +20%
Mackenzie Financial
25
Mackenzie Financial
Ontario, Canada
$292M +$16.6M +197,361 +6%

BAX Hedge Fund Activity: Q3 2020 in Review

1,097 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2020, worth a combined $34.6B — down 7.6% from $37.5B a quarter earlier.

Sellers outnumbered buyers: 105 funds closed out of BAX and 82 opened new positions — a net loss of 23 holders — while 421 trimmed existing stakes and 345 added.

The largest buyer was Capital World Investors, opening a new position worth an estimated $441M. The largest seller was Fidelity Investments, cutting an estimated $713M.

  • 1,097 institutional investors held Baxter International (BAX) as of Q3 2020, down from 1,134 in Q2 2020.
  • Funds reported $34.6B of Baxter International stock for Q3 2020, down 7.6% quarter-over-quarter.
  • 82 funds opened new Baxter International positions in Q3 2020 and 105 closed out, a net change of -23 holders.
  • The largest Baxter International buyer in Q3 2020 was Capital World Investors, an estimated $441M added.
  • The largest Baxter International seller in Q3 2020 was Fidelity Investments, an estimated $713M sold.

Based on aggregated 13F filings for Q3 2020.