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Bausch Health

368 hedge funds and large institutions have $28.8B invested in Bausch Health in 2013 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 123 increasing their positions, 141 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $356M | Put options by funds: $222M

53% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 30

24% more capital invested

Capital invested by funds: $23.2B → $28.8B (+$5.56B)

3% more funds holding

Funds holding: 356368 (+12)

2% more funds holding in top 10

Funds holding in top 10: 4546 (+1)

1.12% less ownership

Funds ownership: 83.94%82.82% (-1.1%)

13% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 141

Holders
368
Holders Change
+12
Holders Change %
+3.37%
% of All Funds
11.93%
Holding in Top 10
46
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+2.22%
% of All Funds
1.49%
New
46
Increased
123
Reduced
141
Closed
30
Calls
$356M
Puts
$222M
Net Calls
+$134M
Net Calls Change
-$12.1M
Name Holding Trade Value Shares
Change
Change in
Stake
RCG
1
Ruane, Cunniff & Goldfarb
New York
$3.61B -$8.86M -90,969 -0.3%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$3.16B -$96.7M -992,600 -3%
VH
3
ValueAct Holdings
California
$1.97B
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$1.62B +$1.27M +13,065 +0.1%
Viking Global Investors
5
Viking Global Investors
Connecticut
$934M -$52.9M -542,648 -6%
Toronto Dominion Bank
6
Toronto Dominion Bank
Ontario, Canada
$817M +$122M +1,250,985 +19%
LPC
7
Lone Pine Capital
Connecticut
$812M -$22.5M -230,800 -3%
JP Morgan Chase
8
JP Morgan Chase
New York
$733M +$215M +2,211,723 +46%
BWA
9
Brave Warrior Advisors
New York
$686M -$8.17M -83,862 -1%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$673M -$234K -2,399 -0%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$522M +$37.6M +386,414 +8%
Loomis, Sayles & Company
12
Loomis, Sayles & Company
Massachusetts
$490M
CIBC World Market
13
CIBC World Market
Ontario, Canada
$462M +$13.5M +138,743 +3%
Caisse de Depot et Placement du Quebec (CDPQ)
14
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$426M -$13M -133,600 -3%
OH
15
Orbis Holdings
Bermuda
$419M -$11.3M -115,854 -3%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$408M +$4.89M +50,175 +1%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$386M +$25.4M +260,566 +8%
Morgan Stanley
18
Morgan Stanley
New York
$384M -$29.5M -302,663 -8%
BC
19
Brahman Capital
New York
$379M -$21.2M -217,995 -6%
IAM
20
Iridian Asset Management
Connecticut
$354M +$3.03M +31,140 +0.9%
JHIU
21
Janus Henderson Investors US
Colorado
$340M -$125M -1,281,926 -28%
Mackenzie Financial
22
Mackenzie Financial
Ontario, Canada
$245M -$19M -194,639 -8%
ClearBridge Investments
23
ClearBridge Investments
New York
$235M -$4.54M -46,628 -2%
Norges Bank
24
Norges Bank
Norway
$233M -$6.7M -68,810 -3%
SCM
25
Steadfast Capital Management
New York
$230M +$17M +174,820 +9%

BHC Hedge Fund Activity: Q3 2013 in Review

368 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q3 2013, worth a combined $28.8B — up 24% from $23.2B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new BHC positions and 30 closed out — a net gain of 16 holders — while 123 added to existing stakes and 141 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $215M. The largest seller was Visium Asset Management, exiting entirely with an estimated $132M sold.

  • 368 institutional investors held Bausch Health (BHC) as of Q3 2013, up from 356 in Q2 2013.
  • Funds reported $28.8B of Bausch Health stock for Q3 2013, up 24% quarter-over-quarter.
  • 46 funds opened new Bausch Health positions in Q3 2013 and 30 closed out, a net change of +16 holders.
  • The largest Bausch Health buyer in Q3 2013 was JP Morgan Chase, an estimated $215M added.
  • The largest Bausch Health seller in Q3 2013 was Visium Asset Management, an estimated $132M sold.

Based on aggregated 13F filings for Q3 2013.