Bausch Health
452 hedge funds and large institutions have $37B invested in Bausch Health in 2014 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 140 increasing their positions, 188 reducing their positions, and 30 closing their positions.
157% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 30
25% more call options, than puts
Call options by funds: $721M | Put options by funds: $579M
14% more capital invested
Capital invested by funds: $32.5B → $37B (+$4.53B)
11% more funds holding
Funds holding: 409 → 452 (+43)
0.95% more ownership
Funds ownership: 82.7% → 83.65% (+0.95%)
3% less funds holding in top 10
Funds holding in top 10: 60 → 58 (-2)
26% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 188
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$412M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$358M |
| 3 |
Barclays
London,
United Kingdom
|
+$212M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$145M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$144M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$443M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$197M |
| 3 |
Jennison Associates
New York
|
-$144M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$127M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$125M |
BHC Hedge Fund Activity: Q1 2014 in Review
452 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q1 2014, worth a combined $37B — up 14% from $32.5B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new BHC positions and 30 closed out — a net gain of 47 holders — while 140 added to existing stakes and 188 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $412M. The largest seller was Fidelity Investments, cutting an estimated $443M.
- 452 institutional investors held Bausch Health (BHC) as of Q1 2014, up from 409 in Q4 2013.
- Funds reported $37B of Bausch Health stock for Q1 2014, up 14% quarter-over-quarter.
- 77 funds opened new Bausch Health positions in Q1 2014 and 30 closed out, a net change of +47 holders.
- The largest Bausch Health buyer in Q1 2014 was Bank of Montreal, an estimated $412M added.
- The largest Bausch Health seller in Q1 2014 was Fidelity Investments, an estimated $443M sold.
Based on aggregated 13F filings for Q1 2014.