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Baxter International

909 hedge funds and large institutions have $16.9B invested in Baxter International in 2023 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 285 increasing their positions, 379 reducing their positions, and 132 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more call options, than puts

Call options by funds: $293M | Put options by funds: $121M

1.36% more ownership

Funds ownership: 87.1%88.46% (+1.4%)

7% less funds holding

Funds holding: 981909 (-72)

16% less capital invested

Capital invested by funds: $20.1B → $16.9B (-$3.16B)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

25% less repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 379

42% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 132

Holders
909
Holders Change
-72
Holders Change %
-7.34%
% of All Funds
14.43%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
77
Increased
285
Reduced
379
Closed
132
Calls
$293M
Puts
$121M
Net Calls
+$173M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.47B +$7.49M +175,912 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.28B -$13.4M -315,095 -0.5%
State Street
3
State Street
Massachusetts
$795M -$25.9M -607,602 -3%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$648M +$81.2M +1,905,254 +12%
JP Morgan Chase
5
JP Morgan Chase
New York
$603M +$272M +6,393,815 +67%
Invesco
6
Invesco
Georgia
$438M +$94.2M +2,212,448 +24%
Ameriprise
7
Ameriprise
Minnesota
$409M +$46.8M +1,098,787 +11%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$408M +$8.69M +203,986 +2%
Dodge & Cox
9
Dodge & Cox
California
$372M +$420M +9,848,441 New
Norges Bank
10
Norges Bank
Norway
$318M +$9.84M +230,937 +3%
Macquarie Group
11
Macquarie Group
Australia
$316M -$12M -282,062 -3%
Harris Associates
12
Harris Associates
Illinois
$290M +$224M +5,254,606 +217%
State Farm Mutual Automobile Insurance
13
State Farm Mutual Automobile Insurance
Illinois
$259M
GIM
14
Generation Investment Management
United Kingdom
$248M -$754K -17,710 -0.3%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$245M +$113M +2,650,959 +69%
Northern Trust
16
Northern Trust
Illinois
$234M +$1.11M +26,026 +0.4%
Pzena Investment Management
17
Pzena Investment Management
New York
$216M +$244M +5,721,656 New
Bank of America
18
Bank of America
North Carolina
$194M +$6.73M +157,999 +3%
CG
19
Carmignac Gestion
France
$183M +$170M +3,993,537 +467%
Franklin Resources
20
Franklin Resources
California
$181M +$138M +3,236,294 +207%
Morgan Stanley
21
Morgan Stanley
New York
$178M -$18.4M -430,787 -8%
Artisan Partners
22
Artisan Partners
Wisconsin
$136M -$11.4M -268,126 -7%
PC
23
PointState Capital
New York
$133M +$29.6M +694,065 +25%
Legal & General Group
24
Legal & General Group
United Kingdom
$127M -$5.86M -137,505 -4%
CB
25
Cooke & Bieler
Pennsylvania
$126M +$5.57M +130,700 +4%

BAX Hedge Fund Activity: Q3 2023 in Review

909 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2023, worth a combined $16.9B — down 16% from $20.1B a quarter earlier.

Sellers outnumbered buyers: 132 funds closed out of BAX and 77 opened new positions — a net loss of 55 holders — while 379 trimmed existing stakes and 285 added.

The largest buyer was Dodge & Cox, opening a new position worth an estimated $420M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $377M sold.

  • 909 institutional investors held Baxter International (BAX) as of Q3 2023, down from 981 in Q2 2023.
  • Funds reported $16.9B of Baxter International stock for Q3 2023, down 16% quarter-over-quarter.
  • 77 funds opened new Baxter International positions in Q3 2023 and 132 closed out, a net change of -55 holders.
  • The largest Baxter International buyer in Q3 2023 was Dodge & Cox, an estimated $420M added.
  • The largest Baxter International seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $377M sold.

Based on aggregated 13F filings for Q3 2023.