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Bausch Health

219 hedge funds and large institutions have $1.56B invested in Bausch Health in 2025 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 26

3% more funds holding

Funds holding: 212219 (+7)

1.56% less ownership

Funds ownership: 66.58%65.02% (-1.6%)

5% less capital invested

Capital invested by funds: $1.64B → $1.56B (-$86.1M)

11% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 65

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

63% less call options, than puts

Call options by funds: $15.4M | Put options by funds: $41.4M

Holders
219
Holders Change
+7
Holders Change %
+3.3%
% of All Funds
2.87%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.05%
New
35
Increased
58
Reduced
65
Closed
26
Calls
$15.4M
Puts
$41.4M
Net Calls
-$26M
Net Calls Change
+$13M
Name Holding Trade Value Shares
Change
Change in
Stake
PC
1
Paulson & Co
New York
$456M +$260M +37,964,167 +116%
GAM
2
Goldentree Asset Management
New York
$224M +$3.95M +578,542 +2%
Nomura Holdings
3
Nomura Holdings
Japan
$101M -$39.6M -5,786,915 -27%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
4
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$83.8M
Vanguard Group
5
Vanguard Group
Pennsylvania
$78.8M +$3.22M +470,968 +4%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$67.8M +$7.92M +1,158,317 +12%
National Bank of Canada
7
National Bank of Canada
Quebec, Canada
$49.8M -$113K -16,550 -0.2%
MP
8
MFN Partners
Massachusetts
$38.7M
KKRC
9
Kohlberg Kravis Roberts & Co
New York
$33.8M
UBS Group
10
UBS Group
Switzerland
$33.2M +$28.5M +4,165,735 +424%
Hudson Bay Capital Management
11
Hudson Bay Capital Management
Connecticut
$32.3M
IG
12
ING Group
Netherlands
$32.3M
MSE
13
MUFG Securities EMEA
United Kingdom
$21.9M
Macquarie Group
14
Macquarie Group
Australia
$21M -$12.6M -1,850,000 -36%
Goldman Sachs
15
Goldman Sachs
New York
$20M +$13.1M +1,915,254 +161%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$19.4M -$117K -17,094 -0.6%
SG Americas Securities
17
SG Americas Securities
New York
$19.1M -$21.8M -3,189,802 -52%
MRCP
18
Maple Rock Capital Partners
Ontario, Canada
$13.8M -$38.8M -5,674,600 -73%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$12.6M +$4.18M +611,229 +73%
Charles Schwab
20
Charles Schwab
California
$12.2M +$1.96M +287,033 +18%
PMG
21
Private Management Group
California
$10.5M +$1.33M +194,158 +14%
Bank of America
22
Bank of America
North Carolina
$9.34M +$6.7M +980,463 +210%
BNP Paribas Financial Markets
23
BNP Paribas Financial Markets
France
$8.49M -$11.5M -1,683,103 -56%
TCM
24
Tang Capital Management
California
$8.38M +$3.85M +563,173 +76%
OCM
25
Oaktree Capital Management
California
$8.19M

BHC Hedge Fund Activity: Q3 2025 in Review

219 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Bausch Health (BHC) for Q3 2025, worth a combined $1.56B — down 5.2% from $1.64B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new BHC positions and 26 closed out — a net gain of 9 holders — while 58 added to existing stakes and 65 trimmed.

The largest buyer was Paulson & Co, adding an estimated $260M. The largest seller was Icahn Carl, exiting entirely with an estimated $231M sold.

  • 219 institutional investors held Bausch Health (BHC) as of Q3 2025, up from 212 in Q2 2025.
  • Funds reported $1.56B of Bausch Health stock for Q3 2025, down 5.2% quarter-over-quarter.
  • 35 funds opened new Bausch Health positions in Q3 2025 and 26 closed out, a net change of +9 holders.
  • The largest Bausch Health buyer in Q3 2025 was Paulson & Co, an estimated $260M added.
  • The largest Bausch Health seller in Q3 2025 was Icahn Carl, an estimated $231M sold.

Based on aggregated 13F filings for Q3 2025.