Bausch Health
230 hedge funds and large institutions have $1.58B invested in Bausch Health in 2025 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 68 increasing their positions, 67 reducing their positions, and 29 closing their positions.
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
2% more funds holding
Funds holding: 225 → 230 (+5)
1% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 67
2.62% less ownership
Funds ownership: 68.91% → 66.3% (-2.6%)
21% less capital invested
Capital invested by funds: $1.99B → $1.58B (-$411M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
73% less call options, than puts
Call options by funds: $19.6M | Put options by funds: $71.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$86.6M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$35.9M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$19.5M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$10.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$56.8M |
| 2 |
MMA
Mizuho Markets Americas
New York
|
-$56.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$28.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.9M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$18M |
BHC Hedge Fund Activity: Q1 2025 in Review
230 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q1 2025, worth a combined $1.58B — down 21% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BHC positions and 29 closed out — a net gain of 6 holders — while 68 added to existing stakes and 67 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $86.6M. The largest seller was National Bank of Canada, cutting an estimated $56.8M.
- 230 institutional investors held Bausch Health (BHC) as of Q1 2025, up from 225 in Q4 2024.
- Funds reported $1.58B of Bausch Health stock for Q1 2025, down 21% quarter-over-quarter.
- 35 funds opened new Bausch Health positions in Q1 2025 and 29 closed out, a net change of +6 holders.
- The largest Bausch Health buyer in Q1 2025 was Nomura Holdings, an estimated $86.6M added.
- The largest Bausch Health seller in Q1 2025 was National Bank of Canada, an estimated $56.8M sold.
Based on aggregated 13F filings for Q1 2025.