Bausch Health
352 hedge funds and large institutions have $7.75B invested in Bausch Health in 2021 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 92 increasing their positions, 126 reducing their positions, and 50 closing their positions.
58% more capital invested
Capital invested by funds: $4.89B → $7.75B (+$2.86B)
54% more funds holding in top 10
Funds holding in top 10: 13 → 20 (+7)
36% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 50
22% more call options, than puts
Call options by funds: $304M | Put options by funds: $248M
4% more funds holding
Funds holding: 338 → 352 (+14)
2.48% more ownership
Funds ownership: 65.95% → 68.43% (+2.5%)
27% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 126
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$853M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$65.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$43.9M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$40.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$38.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIP
Permian Investment Partners
Dallas,
Texas
|
-$90.4M |
| 2 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$88.4M |
| 3 |
GAM
Goldentree Asset Management
New York
|
-$76.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$72.2M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$60.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
401
Simplex Trading
Chicago,
Illinois
| – | +$4.17M | +142,271 | +518% |
|
BHC Hedge Fund Activity: Q1 2021 in Review
352 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q1 2021, worth a combined $7.75B — up 58% from $4.89B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new BHC positions and 50 closed out — a net gain of 18 holders — while 92 added to existing stakes and 126 trimmed.
The largest buyer was Icahn Carl, adding an estimated $853M. The largest seller was Permian Investment Partners, cutting an estimated $90.4M.
- 352 institutional investors held Bausch Health (BHC) as of Q1 2021, up from 338 in Q4 2020.
- Funds reported $7.75B of Bausch Health stock for Q1 2021, up 58% quarter-over-quarter.
- 68 funds opened new Bausch Health positions in Q1 2021 and 50 closed out, a net change of +18 holders.
- The largest Bausch Health buyer in Q1 2021 was Icahn Carl, an estimated $853M added.
- The largest Bausch Health seller in Q1 2021 was Permian Investment Partners, an estimated $90.4M sold.
Based on aggregated 13F filings for Q1 2021.