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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
T
51
TOBAM
France
$15.2M +$9.02M +318,600 +72%
Fiera Capital (Canada)
52
Fiera Capital (Canada)
Quebec, Canada
$14.7M -$1.87M -66,010 -8%
PC
53
Pomelo Capital
New York
$14.6M +$8.35M +294,900 +69%
SH
54
Scepter Holdings
Texas
$14.1M +$19.8M +700,000 New
ACM
55
Academy Capital Management
Texas
$14.1M +$8.77M +309,680 +117%
HI
56
HBK Investments
Texas
$13.2M +$15M +529,410 +427%
TCIM
57
TIAA CREF Investment Management
New York
$11.5M +$77K +2,720 +0.5%
Diamond Hill Capital Management
58
Diamond Hill Capital Management
Ohio
$11.2M -$379K -13,372 -2%
Canada Life
59
Canada Life
Manitoba, Canada
$11.2M +$4.2M +148,428 +36%
UBS Group
60
UBS Group
Switzerland
$10.9M -$6.53M -230,761 -30%
Public Sector Pension Investment Board (PSP Investments)
61
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$10.2M -$3.99M -140,800 -22%
ACG
62
Anchorage Capital Group
New York
$10M +$14.1M +498,700 New
Sumitomo Mitsui Trust Group
63
Sumitomo Mitsui Trust Group
Japan
$9.49M +$45.1K +1,592 +0.3%
RCG
64
Ruane, Cunniff & Goldfarb
New York
$8.99M -$846M -29,862,007 -99%
SPC
65
Silver Point Capital
Connecticut
$8.76M +$7.64M +270,000 +164%
BNP Paribas Financial Markets
66
BNP Paribas Financial Markets
France
$8.75M +$1.93M +68,267 +19%
SCM
67
Saba Capital Management
New York
$8.59M +$8.59M +303,550 +247%
OAMG
68
Odey Asset Management Group
United Kingdom
$8.44M +$11.9M +419,000 New
IGIM
69
I.G. Investment Management
Manitoba, Canada
$8.44M -$21.7M -765,410 -65%
State of Tennessee, Department of Treasury
70
State of Tennessee, Department of Treasury
Tennessee
$8.41M +$436K +15,383 +4%
AQR Capital Management
71
AQR Capital Management
Connecticut
$8.33M +$2.05M +72,406 +21%
Franklin Resources
72
Franklin Resources
California
$8.11M +$710K +25,082 +7%
BCC
73
Biglari Capital Corp
Texas
$7.96M
SOMRS
74
State of Michigan Retirement System
Michigan
$7.81M -$771K -27,241 -7%
Simplex Trading
75
Simplex Trading
Illinois
$7.77M +$3.82M +134,833 +54%

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.