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BDXB

Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B

Delisted

BDXB was delisted on the 31st of May, 2023.

2 hedge funds and large institutions have $27K 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% less funds holding

Funds holding: 892 (-87)

99% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 88

100% less funds holding in top 10

Funds holding in top 10: 40 (-4)

100% less capital invested

Capital invested by funds: $1.44B → $27K (-$1.44B)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
2
Holders Change
-87
Holders Change %
-97.75%
% of All Funds
0.03%
Holding in Top 10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-100%
% of All Funds
New
1
Increased
Reduced
1
Closed
88
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$27K -$3.29M -65,825 -99%
Comerica Bank
2
Comerica Bank
Texas
$1 +$475K +9,497 New
Capital World Investors
3
Capital World Investors
California
-$281M -5,647,202 Closed
American Century Companies
4
American Century Companies
Missouri
-$199M -3,997,703 Closed
BlackRock
5
BlackRock
New York
-$114M -2,290,001 Closed
CAM
6
Camden Asset Management
California
-$65.2M -1,308,400 Closed
Bank of New York Mellon
7
Bank of New York Mellon
New York
-$57.6M -1,159,168 Closed
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$40.4M -808,153 Closed
Ameriprise
9
Ameriprise
Minnesota
-$31.5M -632,167 Closed
Franklin Resources
10
Franklin Resources
California
-$30.2M -606,920 Closed
EHC
11
Everett Harris & Co
California
-$27.1M -544,219 Closed
Thrivent Financial for Lutherans
12
Thrivent Financial for Lutherans
Minnesota
-$26.9M -540,835 Closed
VanEck Associates
13
VanEck Associates
New York
-$26.8M -538,077 Closed
State Street
14
State Street
Massachusetts
-$24.8M -499,213 Closed
Two Sigma Investments
15
Two Sigma Investments
New York
-$21M -421,847 Closed
Invesco
16
Invesco
Georgia
-$20.7M -415,554 Closed
P8IP
17
Pier 88 Investment Partners
California
-$19.6M -393,810 Closed
MSL
18
Mackay Shields LLC
New York
-$17.6M -351,857 Closed
Bank of America
19
Bank of America
North Carolina
-$17.2M -346,283 Closed
Victory Capital Management
20
Victory Capital Management
Texas
-$17.1M -344,650 Closed
Neuberger Berman Group
21
Neuberger Berman Group
New York
-$12.5M -250,454 Closed
SEI Investments
22
SEI Investments
Pennsylvania
-$11.9M -240,328 Closed
HighTower Advisors
23
HighTower Advisors
Illinois
-$11.6M -234,610 Closed
Mirae Asset Global Investments
24
Mirae Asset Global Investments
South Korea
-$11.6M -232,531 Closed
Fidelity Investments
25
Fidelity Investments
Massachusetts
-$10.5M -210,100 Closed

BDXB Hedge Fund Activity: Q2 2023 in Review

2 of the 6,369 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 Q2 2023, worth a combined $27K — down 100% from $1.44B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of BDXB and 1 opened new positions — a net loss of 87 holders — while 1 trimmed existing stakes and 0 added.

The largest seller was Capital World Investors, exiting entirely with an estimated $281M sold.

  • 2 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 Q2 2023, down from 89 in Q1 2023.
  • Funds reported $27K 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 Q2 2023, down 100% quarter-over-quarter.
  • 1 fund 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 Q2 2023 and 88 closed out, a net change of -87 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 seller in Q2 2023 was Capital World Investors, an estimated $281M sold.

Based on aggregated 13F filings for Q2 2023.