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Bausch Health

347 hedge funds and large institutions have $4.5B invested in Bausch Health in 2016 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 127 increasing their positions, 107 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 107

11% less funds holding

Funds holding: 389347 (-42)

14.43% less ownership

Funds ownership: 79.5%65.07% (-14%)

15% less funds holding in top 10

Funds holding in top 10: 2723 (-4)

20% less call options, than puts

Call options by funds: $814M | Put options by funds: $1.02B

37% less capital invested

Capital invested by funds: $7.19B → $4.5B (-$2.69B)

40% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 94

Holders
347
Holders Change
-42
Holders Change %
-10.8%
% of All Funds
9.26%
Holding in Top 10
23
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-14.81%
% of All Funds
0.61%
New
56
Increased
127
Reduced
107
Closed
94
Calls
$814M
Puts
$1.02B
Net Calls
-$202M
Net Calls Change
+$6.49M
Name Holding Trade Value Shares
Change
Change in
Stake
DAM
226
Deltec Asset Management
New York
$318K +$197K +6,970 +79%
RA
227
RiverPark Advisors
New York
$316K
GC
228
Guggenheim Capital
Illinois
$310K -$471K -16,647 -52%
GF
229
Gabelli Funds
New York
$302K
TG
230
TCW Group
California
$292K -$3.15M -111,093 -88%
Northwestern Mutual Wealth Management
231
Northwestern Mutual Wealth Management
Wisconsin
$291K +$320K +11,308 +358%
MFS
232
MSI Financial Services
Massachusetts
$289K +$213K +7,507 +110%
RAM
233
Riggs Asset Management
Pennsylvania
$283K +$5.66K +200 +1%
MF
234
Magnetar Financial
Illinois
$266K +$374K +13,211 New
Geode Capital Management
235
Geode Capital Management
Massachusetts
$254K +$359K +12,693 New
GC
236
Grace Capital
Massachusetts
$252K
TAL
237
TIG Advisors LLC
New York
$249K -$14.9K -525 -4%
LNC
238
Lincoln National Corp
Pennsylvania
$249K +$350K +12,374 New
Natixis Advisors
239
Natixis Advisors
Massachusetts
$246K +$346K +12,225 New
RJFSA
240
Raymond James Financial Services Advisors
Florida
$244K +$343K +12,107 New
HCM
241
Highlander Capital Management
New Jersey
$242K +$227K +8,000 +200%
M&T Bank
242
M&T Bank
New York
$237K +$331K +11,701 New
PAG
243
Private Advisor Group
New Jersey
$234K +$288K +10,188 New
Axa
244
Axa
France
$231K -$808K -28,522 -71%
AA
245
ALPS Advisors
Colorado
$206K +$290K +10,233 New
KAM
246
Kazazian Asset Management
Florida
$205K -$242K -8,550 -46%
PVWM
247
Point View Wealth Management
New Jersey
$202K +$285K +10,053 New
PIC
248
PCJ Investment Counsel
Ontario, Canada
$201K +$283K +10,000 New
Envestnet Asset Management
249
Envestnet Asset Management
Illinois
$184K -$26.5K -936 -9%
ICM
250
Ionic Capital Management
New York
$184K +$259K +9,151 New

BHC Hedge Fund Activity: Q2 2016 in Review

347 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q2 2016, worth a combined $4.5B — down 37% from $7.19B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of BHC and 56 opened new positions — a net loss of 38 holders — while 107 trimmed existing stakes and 127 added.

The largest buyer was Fidelity Investments, adding an estimated $286M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $846M.

  • 347 institutional investors held Bausch Health (BHC) as of Q2 2016, down from 389 in Q1 2016.
  • Funds reported $4.5B of Bausch Health stock for Q2 2016, down 37% quarter-over-quarter.
  • 56 funds opened new Bausch Health positions in Q2 2016 and 94 closed out, a net change of -38 holders.
  • The largest Bausch Health buyer in Q2 2016 was Fidelity Investments, an estimated $286M added.
  • The largest Bausch Health seller in Q2 2016 was Ruane, Cunniff & Goldfarb, an estimated $846M sold.

Based on aggregated 13F filings for Q2 2016.