Bausch Health
235 hedge funds and large institutions have $2.26B invested in Bausch Health in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 52 increasing their positions, 87 reducing their positions, and 52 closing their positions.
25% more capital invested
Capital invested by funds: $1.81B → $2.26B (+$451M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.15% less ownership
Funds ownership: 79.11% → 76.96% (-2.1%)
10% less funds holding
Funds holding: 260 → 235 (-25)
40% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 87
42% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 52
71% less call options, than puts
Call options by funds: $75.8M | Put options by funds: $266M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$82M |
| 2 |
MMA
Mizuho Markets Americas
New York
|
+$56.2M |
| 3 |
MMC
Mizuho Markets Cayman
Grand Cayman,
Cayman Islands
|
+$56.2M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$40.1M |
| 5 |
Morgan Stanley
New York
|
+$38.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$68.6M |
| 2 |
N
Natixis
Paris,
France
|
-$62.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$52.4M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$38.1M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$25.5M |
BHC Hedge Fund Activity: Q1 2023 in Review
235 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q1 2023, worth a combined $2.26B — up 25% from $1.81B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of BHC and 30 opened new positions — a net loss of 22 holders — while 87 trimmed existing stakes and 52 added.
The largest buyer was Bank of Montreal, adding an estimated $82M. The largest seller was Goldman Sachs, cutting an estimated $68.6M.
- 235 institutional investors held Bausch Health (BHC) as of Q1 2023, down from 260 in Q4 2022.
- Funds reported $2.26B of Bausch Health stock for Q1 2023, up 25% quarter-over-quarter.
- 30 funds opened new Bausch Health positions in Q1 2023 and 52 closed out, a net change of -22 holders.
- The largest Bausch Health buyer in Q1 2023 was Bank of Montreal, an estimated $82M added.
- The largest Bausch Health seller in Q1 2023 was Goldman Sachs, an estimated $68.6M sold.
Based on aggregated 13F filings for Q1 2023.