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Bausch Health

546 hedge funds and large institutions have $53.2B invested in Bausch Health in 2015 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 197 increasing their positions, 211 reducing their positions, and 103 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.62% more ownership

Funds ownership: 84.87%87.49% (+2.6%)

7% less repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 211

6% less funds holding in top 10

Funds holding in top 10: 8984 (-5)

6% less funds holding

Funds holding: 582546 (-36)

17% less capital invested

Capital invested by funds: $64.4B → $53.2B (-$11.2B)

33% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 103

48% less call options, than puts

Call options by funds: $1.03B | Put options by funds: $1.97B

Holders
546
Holders Change
-36
Holders Change %
-6.19%
% of All Funds
15.24%
Holding in Top 10
84
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-5.62%
% of All Funds
2.35%
New
69
Increased
197
Reduced
211
Closed
103
Calls
$1.03B
Puts
$1.97B
Net Calls
-$935M
Net Calls Change
+$120M
Name Holding Trade Value Shares
Change
Change in
Stake
RCG
1
Ruane, Cunniff & Goldfarb
New York
$6.05B +$8.89M +38,142 +0.1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$3.58B -$97.2M -416,721 -2%
PSCM
3
Pershing Square Capital Management
New York
$3.47B
VH
4
ValueAct Holdings
California
$2.67B
Fidelity Investments
5
Fidelity Investments
Massachusetts
$2.3B +$152M +652,409 +5%
JP Morgan Chase
6
JP Morgan Chase
New York
$1.59B +$637M +2,731,436 +44%
PC
7
Paulson & Co
New York
$1.59B -$25.7M -110,000 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
8
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.46B +$1.51B +6,467,840 +379%
LPC
9
Lone Pine Capital
Connecticut
$1.33B +$502M +2,151,637 +41%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$1.14B -$147M -630,952 -9%
BWA
11
Brave Warrior Advisors
New York
$995M -$28.7M -123,118 -2%
Toronto Dominion Bank
12
Toronto Dominion Bank
Ontario, Canada
$949M +$230M +986,027 +23%
Viking Global Investors
13
Viking Global Investors
Connecticut
$891M +$87.8M +376,615 +8%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$759M -$17.6M -75,499 -2%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$755M -$19.2M -82,436 -2%
Vanguard Group
16
Vanguard Group
Pennsylvania
$733M +$108M +463,784 +13%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$724M +$23.5M +100,805 +3%
BC
18
Brahman Capital
New York
$716M +$223M +958,300 +31%
HP
19
Hound Partners
New York
$695M +$271M +1,162,001 +42%
JSP
20
Jackson Square Partners
California
$673M +$40M +171,561 +5%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$621M +$65.2M +279,710 +9%
Eagle Capital Management (New York)
22
Eagle Capital Management (New York)
New York
$602M -$10.9M -46,855 -1%
JHIU
23
Janus Henderson Investors US
Colorado
$581M +$201M +863,566 +36%
Morgan Stanley
24
Morgan Stanley
New York
$556M -$19.9M -85,248 -3%
Barclays
25
Barclays
United Kingdom
$549M -$183M -784,237 -20%

BHC Hedge Fund Activity: Q3 2015 in Review

546 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q3 2015, worth a combined $53.2B — down 17% from $64.4B a quarter earlier.

Sellers outnumbered buyers: 103 funds closed out of BHC and 69 opened new positions — a net loss of 34 holders — while 211 trimmed existing stakes and 197 added.

The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $1.51B. The largest seller was Institutional Capital, exiting entirely with an estimated $335M sold.

  • 546 institutional investors held Bausch Health (BHC) as of Q3 2015, down from 582 in Q2 2015.
  • Funds reported $53.2B of Bausch Health stock for Q3 2015, down 17% quarter-over-quarter.
  • 69 funds opened new Bausch Health positions in Q3 2015 and 103 closed out, a net change of -34 holders.
  • The largest Bausch Health buyer in Q3 2015 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $1.51B added.
  • The largest Bausch Health seller in Q3 2015 was Institutional Capital, an estimated $335M sold.

Based on aggregated 13F filings for Q3 2015.