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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
AII
251
AGF Investments Inc
Ontario, Canada
$178K +$138K +4,857 +122%
CAM
252
Cacti Asset Management
Georgia
$169K +$96.3K +3,400 +68%
HIM
253
Hillsdale Investment Management
Ontario, Canada
$167K
KFBMI
254
Kentucky Farm Bureau Mutual Insurance
Kentucky
$161K -$84.9K -3,000 -27%
PNC Financial Services Group
255
PNC Financial Services Group
Pennsylvania
$144K -$3.08M -108,758 -94%
TRCT
256
Tower Research Capital (TRC)
New York
$129K +$11.4K +402 +7%
CSS
257
Cubist Systematic Strategies
Connecticut
$112K -$12.5M -441,037 -99%
FNYS
258
First New York Securities
New York
$103K -$150K -5,300 -51%
DADC
259
D.A. Davidson & Co
Montana
$97K +$31.9K +1,125 +30%
AIG
260
American International Group
New York
$84.7K -$250K -8,846 -68%
Twin Tree Management
261
Twin Tree Management
Texas
$81K -$170K -6,000 -60%
GT
262
Glenmede Trust
Pennsylvania
$71K +$45.1K +1,593 +80%
DekaBank Deutsche Girozentrale
263
DekaBank Deutsche Girozentrale
Germany
$71K +$52K +1,838 +110%
EPM
264
Equitec Proprietary Markets
Illinois
$66K -$773K -27,300 -89%
AIM
265
Acrospire Investment Management
Illinois
$66K -$22.7K -800 -20%
EWM
266
Edge Wealth Management
New York
$62K +$84.9K +3,000 +3,000%
IR
267
Invictus RG
Bermuda
$60K +$84.2K +2,973 New
FHA
268
First Horizon Advisors
Tennessee
$60K +$84.9K +3,000 New
WA
269
WFG Advisors
Texas
$58K +$63.1K +2,228 +343%
KTC
270
Kistler-Tiffany Companies
Pennsylvania
$57K +$43.2K +1,525 +115%
EA
271
Emerald Acquisition
Washington
$51K +$71.8K +2,536 New
MRCM
272
M&R Capital Management
New Jersey
$50K -$1.93M -68,324 -96%
US Bancorp
273
US Bancorp
Minnesota
$49K -$119K -4,208 -64%
TCOV
274
Trust Company of Vermont
Vermont
$40K +$56.6K +2,000 New
NIPH
275
NN Investment Partners Holdings
Netherlands
$39K -$160K -5,660 -75%

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.