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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
First Eagle Investment Management
76
First Eagle Investment Management
New York
$7.67M -$31.6M -1,114,432 -75%
Group One Trading
77
Group One Trading
Illinois
$7.39M +$1.28M +45,086 +14%
Bank of New York Mellon
78
Bank of New York Mellon
New York
$7.09M -$512K -18,085 -5%
GP
79
GLG Partners
United Kingdom
$7.05M
PMG
80
Private Management Group
California
$7.01M +$1.99M +70,383 +25%
HSBC Holdings
81
HSBC Holdings
United Kingdom
$6.66M +$4.84M +170,981 +107%
BIM
82
Bogle Investment Management
Massachusetts
$6.31M -$3M -105,877 -25%
Credit Agricole
83
Credit Agricole
France
$6.24M -$2.12M -74,832 -19%
CIBC Asset Management
84
CIBC Asset Management
Ontario, Canada
$6.22M -$821K -28,994 -9%
PCMF
85
Private Capital Management (Florida)
Florida
$6.21M -$985K -34,774 -10%
FC
86
Farley Capital
New York
$6.19M
Citigroup
87
Citigroup
New York
$5.72M +$5.19M +183,322 +180%
Jane Street
88
Jane Street
New York
$5.56M -$1.05M -37,095 -12%
HHAA
89
Henry H. Armstrong Associates
Pennsylvania
$5.48M +$13.9K +490 +0.2%
FI
90
Fosun International
China
$5.41M +$2.83M +99,870 +60%
State of Wisconsin Investment Board
91
State of Wisconsin Investment Board
Wisconsin
$5.2M -$428K -15,100 -6%
HCM
92
Highfields Capital Management
Massachusetts
$5.04M +$7.08M +250,000 New
GAM
93
GVO Asset Management
Switzerland
$4.95M +$16.1K +570 +0.2%
Creative Planning
94
Creative Planning
Kansas
$4.71M +$2.25M +79,596 +52%
Parallax Volatility Advisers
95
Parallax Volatility Advisers
California
$4.61M +$6.13M +216,412 +1,710%
Northern Trust
96
Northern Trust
Illinois
$4.58M -$30.4K -1,074 -0.5%
Two Sigma Advisers
97
Two Sigma Advisers
New York
$4.58M +$6.43M +227,231 New
Teacher Retirement System of Texas
98
Teacher Retirement System of Texas
Texas
$4.55M
IIM
99
Intact Investment Management
Quebec, Canada
$4.44M -$2.04M -72,110 -30%
VanEck Associates
100
VanEck Associates
New York
$4.29M +$1.09M +38,378 +22%

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.