We are live on ! Find out more
BHC icon

Bausch Health
BHC

315 hedge funds and large institutions have $2.92B invested in Bausch Health in 2016 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 97 increasing their positions, 99 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 99

7.07% less ownership

Funds ownership: 65.71% → 58.65% (-7.1%)

9% less funds holding

Funds holding: 345 → 315 (-30)

26% less first-time investments, than exits

New positions opened: 64 | Existing positions closed: 86

45% less call options, than puts

Call options by funds: $477M | Put options by funds: $861M

46% less funds holding in top 10

Funds holding in top 10: 24 → 13 (-11)

48% less capital invested

Capital invested by funds: $5.6B → $2.92B (-$2.67B)

Holders
315
Holders Change
-30
Holders Change %
-8.7%
% of All Funds
7.88%
Holding in Top 10
13
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-45.83%
% of All Funds
0.33%
New
64
Increased
97
Reduced
99
Closed
86
Calls
$477M
Puts
$861M
Net Calls
-$383M
Net Calls Change
-$181M

Top Buyers

Rank Fund Capital Flow
1
MVP
Miller Value Partners
Florida
+$47M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$46.9M
3
Renaissance Technologies
Renaissance Technologies
New York
+$45.5M
4
Two Sigma Advisers
Two Sigma Advisers
New York
+$36.5M
5
FI
Fosun International
China
+$28.4M

Top Sellers

Rank Fund Capital Flow
1
PC
PointState Capital
New York
-$209M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$97M
3
Point72 Asset Management
Point72 Asset Management
Connecticut
-$84.8M
4
Morgan Stanley
Morgan Stanley
New York
-$75.1M
5
GA
Glenhill Advisors
New York
-$64M
Name Holding Trade Value Shares
Change 		Change in
Stake
Aviva
101
Aviva
United Kingdom
$3.03M +$230K +12,535 +6%
Parallax Volatility Advisers
102
Parallax Volatility Advisers
California
$2.9M +$24K +1,309 +0.7%
PPA
103
Parametric Portfolio Associates
Washington
$2.88M +$1.36M +74,051 +60%
O
104
OrbiMed
New York
$2.83M – – –
TCM
105
Tekla Capital Management
Massachusetts
$2.79M – – –
CAM
106
CMT Asset Management
Illinois
$2.76M +$690K +37,635 +25%
Massachusetts Financial Services
107
Massachusetts Financial Services
Massachusetts
$2.74M -$134K -7,312 -4%
QOP
108
Quinn Opportunity Partners
Virginia
$2.59M +$3.27M +178,299 New
OAM
109
Oxford Asset Management
United Kingdom
$2.4M +$3.04M +165,521 New
Stifel Financial
110
Stifel Financial
Missouri
$2.32M +$510K +27,825 +21%
SCM
111
Stanley Capital Management
Texas
$2.25M +$917K +50,000 +47%
ACI
112
AMP Capital Investors
Australia
$2.02M -$1.45M -78,909 -36%
Citigroup
113
Citigroup
New York
$1.99M -$1.79M -97,702 -42%
GIBU
114
Gulf International Bank (UK)
United Kingdom
$1.89M – – –
BG
115
BlackRock Group
United Kingdom
$1.82M – – –
State Street
116
State Street
Massachusetts
$1.77M -$432K -23,565 -16%
SSA
117
Schonfeld Strategic Advisors
New York
$1.75M +$764K +41,631 +53%
CA
118
Continental Advisors
Utah
$1.7M +$646K +35,200 +43%
TC
119
Telemus Capital
Michigan
$1.68M +$2.13M +116,000 New
IA
120
IFP Advisors
Florida
$1.68M -$1.06M -58,032 -33%
PAMU
121
Pictet Asset Management (UK)
United Kingdom
$1.62M -$42.2K -2,300 -2%
Zurich Cantonal Bank
122
Zurich Cantonal Bank
Switzerland
$1.6M +$468K +25,496 +30%
CI
123
Conning Inc
Connecticut
$1.59M – – –
AAF
124
Andra AP-fonden
Sweden
$1.57M +$829K +45,200 +127%
TSS
125
Two Sigma Securities
New York
$1.52M +$1.92M +104,840 New
3 4
5
6 7

BHC Hedge Fund Activity: Q4 2016 in Review

315 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q4 2016, worth a combined $2.92B — down 48% from $5.6B a quarter earlier.

Sellers outnumbered buyers: 86 funds closed out of BHC and 64 opened new positions — a net loss of 22 holders — while 99 trimmed existing stakes and 97 added.

The largest buyer was Miller Value Partners, adding an estimated $47M. The largest seller was PointState Capital, exiting entirely with an estimated $209M sold.

  • 315 institutional investors held Bausch Health (BHC) as of Q4 2016, down from 345 in Q3 2016.
  • Funds reported $2.92B of Bausch Health stock for Q4 2016, down 48% quarter-over-quarter.
  • 64 funds opened new Bausch Health positions in Q4 2016 and 86 closed out, a net change of -22 holders.
  • The largest Bausch Health buyer in Q4 2016 was Miller Value Partners, an estimated $47M added.
  • The largest Bausch Health seller in Q4 2016 was PointState Capital, an estimated $209M sold.

Based on aggregated 13F filings for Q4 2016.