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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
Cambridge Investment Research Advisors
401
Cambridge Investment Research Advisors
Iowa
-$353K -13,441 Closed
AIM
402
Allen Investment Management
New York
-$326K -12,411 Closed
HHMI
403
Howard Hughes Medical Institute
Maryland
-$286K -10,871 Closed
AC
404
Addison Capital
Pennsylvania
-$280K -10,628 Closed
AL
405
Airain Ltd
Guernsey
-$278K -10,553 Closed
IB
406
Intrust Bank
Kansas
-$277K -10,502 Closed
Janney Montgomery Scott
407
Janney Montgomery Scott
Pennsylvania
-$266K -10,101 Closed
HCM
408
Highbridge Capital Management
New York
-$234K -8,932 Closed
Schroder Investment Management Group
409
Schroder Investment Management Group
United Kingdom
-$230K -8,504 Closed
BGDI
410
BW Gestao de Investimentos
Brazil
-$216K -8,225 Closed
MSV
411
MN Services Vermogensbeheer
Netherlands
-$186K -8,070 Closed
Neuberger Berman Group
412
Neuberger Berman Group
New York
-$212K -8,063 Closed
Brown Advisory
413
Brown Advisory
Maryland
-$200K -7,591 Closed
PMAM
414
Picton Mahoney Asset Management
Ontario, Canada
-$174K -6,600 Closed
SSP
415
Sapphire Star Partners
Washington
-$608K -6,000 Closed
KBC Group
416
KBC Group
Belgium
-$117K -4,467 Closed
KIG
417
Kessler Investment Group
Indiana
-$103K -3,900 Closed
PCM
418
Prelude Capital Management
New York
-$92K -3,500 Closed
FAM
419
Formidable Asset Management
Ohio
-$53K -2,000 Closed
WIC
420
Water Island Capital
New York
-$45K -1,700 Closed
HNB
421
Huntington National Bank
Ohio
-$223K -1,121 Closed
FMA
422
FNY Managed Accounts
New York
-$28.3K -1,000 Closed
HPBT
423
High Point Bank & Trust
North Carolina
-$18K -700 Closed
FWM
424
Focused Wealth Management
New York
-$17K -650 Closed
PCIG
425
Partners Capital Investment Group
Massachusetts
-$14K -520 Closed

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.