Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BHC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | PAULSON & CO. INC. | 73.3M | $395.6M | 0.0% | 19.615% | 12.71% |
| 2 | GOLDENTREE ASSET MANAGEMENT LP | 34.7M | $187.0M | 0.0% | 9.282% | 11.09% |
| 3 | ROYAL BANK OF CANADA | 11.4M | $61.4M | +24.9% | 3.043% | 0.01% |
| 4 | NOMURA HOLDINGS INC | 9.0M | $48.5M | +3.3% | 2.406% | 0.16% |
| 5 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 8.0M | $43.2M | -5.3% | 2.142% | 0.07% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 7.4M | $40.0M | β | 1.982% | 0.00% |
| 7 | MFN Partners Management, LP | 6.0M | $32.4M | 0.0% | 1.607% | 0.68% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 4.2M | $31.4M | +145.3% | 1.132% | 0.00% |
| 9 | Kohlberg Kravis Roberts & Co. L.P. | 5.2M | $28.3M | 0.0% | 1.402% | 0.53% |
| 10 | GOLDMAN SACHS GROUP INC | 5.2M | $28.1M | +1.3% | 1.395% | 0.00% |
| 11 | ING GROEP NV | 5.0M | $27.0M | 0.0% | 1.339% | 0.17% |
| 12 | Hudson Bay Capital Management LP | 5.0M | $27.0M | 0.0% | 1.339% | 0.29% |
| 13 | Nuveen, LLC | 3.8M | $20.5M | +1036.9% | 1.017% | 0.01% |
| 14 | DIMENSIONAL FUND ADVISORS LP | 3.6M | $19.5M | +10.8% | 0.965% | 0.00% |
| 15 | MACQUARIE GROUP LTD | 3.3M | $17.6M | 0.0% | 0.870% | 0.10% |
| 16 | GENDELL JEFFREY L | 3.0M | $16.0M | +128.8% | 0.795% | 0.22% |
| 17 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.3M | $12.3M | -10.6% | 0.612% | 0.00% |
| 18 | VANGUARD FIDUCIARY TRUST CO | 2.2M | $12.0M | β | 0.595% | 0.00% |
| 19 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.2M | $11.9M | +8.0% | 0.592% | 0.00% |
| 20 | PRIVATE MANAGEMENT GROUP INC | 1.7M | $9.2M | -10.0% | 0.456% | 0.26% |
| 21 | CITADEL ADVISORS LLC | 1.6M | $8.6M | -27.8% | 0.426% | 0.00% |
| 22 | TWO SIGMA INVESTMENTS, LP | 1.6M | $8.5M | -5.1% | 0.423% | 0.01% |
| 23 | RENAISSANCE TECHNOLOGIES LLC | 1.6M | $8.5M | +10.0% | 0.422% | 0.01% |
| 24 | Point72 Asset Management, L.P. | 1.4M | $7.3M | -0.7% | 0.362% | 0.01% |
| 25 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.2M | $6.5M | -56.1% | 0.320% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in BHC β a direct measure of their conviction.
Filings activity in BHC during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new BHC position in Q1 2026
Institutions that fully closed their BHC position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 221 | 6.0% | 66.31% | 20.79 pp | $1.25B | 24% |
| Q4 2025 | 235 | +12% | 87.10% | +5.12 pp | $1.65B | +6.3% |
| Q3 2025 | 209 | +0.5% | 81.98% | 33.34 pp | $1.55B | 29% |
| Q2 2025 | 208 | 6.3% | 115.32% | +35.58 pp | $2.18B | +45% |
| Q1 2025 | 222 | +1.4% | 79.74% | 7.05 pp | $1.51B | 8.1% |
| Q4 2024 | 219 | +6.3% | 86.79% | 22.15 pp | $1.64B | 20% |
| Q3 2024 | 206 | 8.8% | 108.94% | 0.81 pp | $2.06B | 0.7% |
| Q2 2024 | 226 | β | 109.75% | β | $2.07B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BHC stock.
Based on Q1 2026 13F filings, institutional ownership of Bausch Health Companies Inc. stands at 66.3%, held across 221 reporting institutions.
PAULSON & CO. INC. is the largest reported institutional holder of BHC, with approximately 73,255,869 shares worth $0.40B as of Q1 2026.
Yes β 5 widely-followed marquee investors appear among the top 25 institutional holders of BHC, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC, TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC, Point72 Asset Management, L.P..
Our composite Smart Money Score for BHC is 50 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
29 institutions opened new positions in BHC during Q1 2026, while 43 fully exited. 46 added to existing positions and 143 trimmed.
BHC institutional ownership fell by 20.79 percentage points quarter-over-quarter, with a net change of -14 holders.
The top 10 institutions account for 71.5% of all reported 13F value in BHC, and the top 25 account for 88.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.