Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
BDXB was delisted on the 31st of May, 2023.
89 hedge funds and large institutions have $1.44B invested in Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2% more funds holding
Funds holding: 87 → 89 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 24
0% less capital invested
Capital invested by funds: $1.44B → $1.44B (-$4.78M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$43.6M |
| 2 |
Two Sigma Investments
New York
|
+$20.9M |
| 3 |
D.E. Shaw & Co
New York
|
+$8.66M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.35M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$37.2M |
| 2 |
Morgan Stanley
New York
|
-$22.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.76M |
| 5 |
BlackRock
New York
|
-$8.08M |
BDXB Hedge Fund Activity: Q1 2023 in Review
89 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B (BDXB) for Q1 2023, worth a combined $1.44B — down 0.33% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BDXB positions and 11 closed out — a net gain of 2 holders — while 24 added to existing stakes and 24 trimmed.
The largest buyer was Camden Asset Management, adding an estimated $43.6M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $37.2M.
- 89 institutional investors held Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B (BDXB) as of Q1 2023, up from 87 in Q4 2022.
- Funds reported $1.44B of Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B stock for Q1 2023, down 0.33% quarter-over-quarter.
- 13 funds opened new Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B positions in Q1 2023 and 11 closed out, a net change of +2 holders.
- The largest Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B buyer in Q1 2023 was Camden Asset Management, an estimated $43.6M added.
- The largest Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B seller in Q1 2023 was Manulife (Manufacturers Life Insurance), an estimated $37.2M sold.
Based on aggregated 13F filings for Q1 2023.