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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
RPAM
101
Rhenman & Partners Asset Management
Sweden
$4.23M +$4.53M +160,000 +320%
AIMCA
102
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.23M -$19.9M -701,084 -81%
O
103
OrbiMed
New York
$3.92M
Deutsche Bank
104
Deutsche Bank
Germany
$3.92M -$23M -812,214 -81%
TCM
105
Tekla Capital Management
Massachusetts
$3.87M +$963K +34,000 +22%
CCM
106
Convector Capital Management
New York
$3.87M +$1.9M +67,000 +54%
Aviva
107
Aviva
United Kingdom
$3.87M +$697K +24,605 +15%
Acadian Asset Management
108
Acadian Asset Management
Massachusetts
$3.75M +$5.2M +183,784 +5,929%
HHC
109
Hutchin Hill Capital
New York
$3.6M +$2.21M +77,900 +77%
CG
110
Clinton Group
New York
$3.56M +$5.01M +176,927 New
Two Sigma Investments
111
Two Sigma Investments
New York
$3.54M +$4.66M +164,668 +1,507%
IA
112
IFP Advisors
Florida
$3.47M +$4.27M +150,730 +704%
ACI
113
AMP Capital Investors
Australia
$3.37M +$972K +34,340 +26%
PAMU
114
Pictet Asset Management (UK)
United Kingdom
$3.34M -$1.53M -54,138 -32%
SAM
115
Senzar Asset Management
New York
$3.33M +$4.68M +165,400 New
WAM
116
Wolverine Asset Management
Illinois
$3.28M +$2.29M +81,000 +99%
State Street
117
State Street
Massachusetts
$3.25M +$987K +34,847 +28%
CWG
118
C WorldWide Group
Denmark
$3.25M
Massachusetts Financial Services
119
Massachusetts Financial Services
Massachusetts
$3.22M -$1.39M -49,029 -23%
FG
120
Formula Growth
Quebec, Canada
$3.04M +$4.28M +151,000 New
CG
121
Cutler Group
California
$3.03M -$434K -15,324 -9%
RCM
122
Redwood Capital Management
New York
$3.02M -$283K -10,000 -6%
RJA
123
Raymond James & Associates
Florida
$3.02M +$1.29M +45,500 +44%
SSA
124
Schonfeld Strategic Advisors
New York
$2.88M +$2.19M +77,492 +118%
SIP
125
Stoneridge Investment Partners
Pennsylvania
$2.79M -$61.4K -2,169 -2%

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.