Also trades as: BHC.TO (TSX) · $vol 4M
BHC Institutional Ownership
Bausch Health Companies Inc.
1W: +0.6%
1M: +11.8%
3M: +40.7%
YTD: -11.8%
1Y: -0.3%
3Y: -13.3%
5Y: -77.3%
$6.31
-0.04 (-0.71%)
Weekly Expected Move ±4.4%
$6
$6
$6
$7
$7
Credit Risk of going bust: higher than 87% of companies Debt: 89.7% of company value Bonds: $300.9M held by 287 funds, 1254 bp over Treasuries → details ▾
If the stock fell to about $1.87 (down 71%), Bausch Health Companies Inc. would be worth roughly what it owes.
Total debt $20.78B against a stock market value of $2.37B.
Distance to default 1.94 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $10.80B (short-term plus half of long-term), stock volatility 54.2%; Altman Z'' -0.73. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Total debt $20.78B against a stock market value of $2.37B.
Distance to default 1.94 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $10.80B (short-term plus half of long-term), stock volatility 54.2%; Altman Z'' -0.73. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Overview
Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Institutional Ownership — BHC
261
Institutional Holders
-2 vs prior quarter
0.0%
Ownership
+0.00pp
$1B
Total Invested
30
New Positions
69
Increased
99
Reduced
36
Closed
0.92
Put/Call Ratio
Ownership Trends
Top Institutional Holders (280 total)
| # | Holder | Shares | Value | Change | Change % | Holding Period | Filing |
|---|---|---|---|---|---|---|---|
| 1 | PAULSON & CO. INC. | 73,255,869 | $465M | — | +0.0% | 32Q | SEC ↗ |
| 2 | GOLDENTREE ASSET MANAGEMENT LP | 34,665,731 | $220M | — | +0.0% | 32Q | SEC ↗ |
| 3 | ROYAL BANK OF CANADA | 10,832,582 | $69M | -530,916 | -4.7% | 32Q | SEC ↗ |
| 4 | HEALTHCARE OF ONTARIO PENSION PLAN TRU | 8,000,000 | $51M | — | +0.0% | 15Q | SEC ↗ |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 7,465,468 | $47M | +61,709 | +0.8% | 2Q | SEC ↗ |
| 6 | GOLDMAN SACHS GROUP INC | 6,225,131 | $40M | +1,017,165 | +19.5% | 15Q | SEC ↗ |
| 7 | MFN Partners Management, LP | 6,000,000 | $38M | — | +0.0% | 16Q | SEC ↗ |
| 8 | SG Americas Securities, LLC | 5,535,771 | $35M | +5,520,961 | +37278.6% | 11Q | SEC ↗ |
| 9 | ACADIAN ASSET MANAGEMENT LLC | 5,482,986 | $35M | +603,501 | +12.4% | 7Q | SEC ↗ |
| 10 | Kohlberg Kravis Roberts & Co. L.P. | 5,235,000 | $33M | — | +0.0% | 25Q | SEC ↗ |
| 11 | ING GROEP NV | 5,000,000 | $32M | — | +0.0% | 20Q | SEC ↗ |
| 12 | Hudson Bay Capital Management LP | 5,000,000 | $32M | — | +0.0% | 6Q | SEC ↗ |
| 13 | GEODE CAPITAL MANAGEMENT, LLC | 4,803,485 | $31M | +574,614 | +13.6% | 32Q | SEC ↗ |
| 14 | GENDELL JEFFREY L | 4,037,091 | $26M | +1,067,251 | +35.9% | 3Q | SEC ↗ |
| 15 | NORGES BANK NEW | 3,431,117 | $22M | — | +0.0% | 1Q | SEC ↗ |
| 16 | MACQUARIE GROUP LTD | 3,250,000 | $21M | — | +0.0% | 8Q | SEC ↗ |
| 17 | DIMENSIONAL FUND ADVISORS LP | 3,241,140 | $21M | -363,678 | -10.1% | 32Q | SEC ↗ |
| 18 | D. E. Shaw & Co., Inc. | 2,689,942 | $17M | +2,068,187 | +332.6% | 19Q | SEC ↗ |
| 19 | VANGUARD FIDUCIARY TRUST CO | 2,250,910 | $14M | +29,745 | +1.3% | 2Q | SEC ↗ |
| 20 | Point72 Asset Management, L.P. | 2,235,821 | $14M | +885,559 | +65.6% | 4Q | SEC ↗ |
| 21 | CHARLES SCHWAB INVESTMENT MANAGEMENT I | 2,186,244 | $14M | -23,323 | -1.1% | 9Q | SEC ↗ |
| 22 | Sixth Street Partners Management Compa NEW | 2,186,244 | $14M | — | +0.0% | 1Q | SEC ↗ |
| 23 | TWO SIGMA INVESTMENTS, LP | 2,135,582 | $14M | +557,421 | +35.3% | 8Q | SEC ↗ |
| 24 | PRIVATE MANAGEMENT GROUP INC | 1,683,837 | $11M | -19,674 | -1.2% | 33Q | SEC ↗ |
| 25 | Qube Research & Technologies Ltd | 1,681,918 | $11M | +571,192 | +51.4% | 3Q | SEC ↗ |
| 26 | DZ BANK AG Deutsche Zentral Genossensc | 1,494,205 | $9M | +380,450 | +34.2% | 4Q | SEC ↗ |
| 27 | Man Group plc | 1,451,781 | $9M | +924,126 | +175.1% | 3Q | SEC ↗ |
| 28 | RENAISSANCE TECHNOLOGIES LLC | 1,324,549 | $8M | -251,223 | -15.9% | 8Q | SEC ↗ |
| 29 | MORGAN STANLEY | 1,252,481 | $8M | +99,055 | +8.6% | 32Q | SEC ↗ |
| 30 | CITADEL ADVISORS LLC | 1,105,055 | $7M | +192,884 | +21.1% | 32Q | SEC ↗ |
| 31 | MILLENNIUM MANAGEMENT LLC | 1,095,104 | $7M | +658,349 | +150.7% | 15Q | SEC ↗ |
| 32 | BANK OF MONTREAL /CAN | 986,351 | $6M | +56,920 | +6.1% | 32Q | SEC ↗ |
| 33 | TD Asset Management Inc | 938,710 | $6M | +45,094 | +5.0% | 32Q | SEC ↗ |
| 34 | JPMORGAN CHASE & CO | 880,839 | $6M | +427,032 | +94.1% | 32Q | SEC ↗ |
| 35 | Bridgewater Associates, LP | 866,285 | $6M | +195,919 | +29.2% | 23Q | SEC ↗ |
| 36 | Vanguard Global Advisers, LLC | 855,700 | $5M | +59,864 | +7.5% | 2Q | SEC ↗ |
| 37 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 753,006 | $5M | -44,539 | -5.6% | 3Q | SEC ↗ |
| 38 | UBS Group AG | 744,207 | $5M | -297,641 | -28.6% | 32Q | SEC ↗ |
| 39 | GAMCO INVESTORS, INC. ET AL | 707,256 | $4M | -41,487 | -5.5% | 16Q | SEC ↗ |
| 40 | WHITEBOX ADVISORS LLC | 614,672 | $4M | +50,000 | +8.9% | 16Q | SEC ↗ |
| 41 | Jump Financial, LLC | 611,100 | $4M | +149,668 | +32.4% | 6Q | SEC ↗ |
| 42 | TORONTO DOMINION BANK | 592,351 | $4M | -30,708 | -4.9% | 32Q | SEC ↗ |
| 43 | BANK OF AMERICA CORP /DE | 571,182 | $4M | -12,943 | -2.2% | 15Q | SEC ↗ |
| 44 | Trexquant Investment LP | 536,440 | $3M | +430,146 | +404.7% | 3Q | SEC ↗ |
| 45 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF | 520,609 | $3M | +91,401 | +21.3% | 7Q | SEC ↗ |
| 46 | Swiss National Bank | 508,460 | $3M | -5,700 | -1.1% | 32Q | SEC ↗ |
| 47 | Federation des caisses Desjardins du Q | 496,836 | $3M | +482,904 | +3466.1% | 32Q | SEC ↗ |
| 48 | CANADA PENSION PLAN INVESTMENT BOARD | 491,168 | $3M | — | +0.0% | 32Q | SEC ↗ |
| 49 | Inspire Investing, LLC NEW | 467,640 | $3M | — | +0.0% | 1Q | SEC ↗ |
| 50 | Quadrature Capital Ltd | 415,116 | $3M | +267,802 | +181.8% | 3Q | SEC ↗ |
Recent Activity
New Positions (20)
| Holder | Shares | Value |
|---|---|---|
| NORGES BANK | 3,431,117 | $22M |
| Sixth Street Partners Management Co | 2,186,244 | $14M |
| Inspire Investing, LLC | 467,640 | $3M |
| Claret Asset Management Corp | 204,108 | $1M |
| MARSHALL WACE, LLP | 186,296 | $1M |
| Kazazian Asset Management, LLC | 150,000 | $952K |
| FOX RUN MANAGEMENT, L.L.C. | 139,728 | $887K |
| XTX Topco Ltd | 85,118 | $540K |
| Annis Gardner Whiting Capital Advis | 79,703 | $506K |
| SIG North Trading, ULC | 56,225 | $357K |
| Carolina Wealth Management Inc | 50,110 | $318K |
| GSA CAPITAL PARTNERS LLP | 46,317 | $294K |
| Quantbot Technologies LP | 38,566 | $245K |
| Virtu Financial LLC | 38,115 | $242K |
| SHELTON CAPITAL MANAGEMENT | 25,397 | $161K |
| Campbell & CO Investment Adviser LL | 17,223 | $109K |
| Chicago Partners Investment Group L | 11,710 | $74K |
| COMMONWEALTH EQUITY SERVICES, LLC | 10,592 | $67K |
| VALLEY NATIONAL ADVISERS INC | 8,553 | $54K |
| Tacita Capital Inc | 5,992 | $38K |
Sold Out (20)
| Holder | Prev Shares | Prev Value |
|---|---|---|
| OAKTREE CAPITAL MANAGEMENT LP | 1,270,000 | $8M |
| BNP PARIBAS ASSET MANAGEMENT Holdin | 683,997 | $4M |
| Hillsdale Investment Management Inc | 524,892 | $3M |
| Third Point LLC | 350,000 | $2M |
| Balyasny Asset Management L.P. | 296,903 | $2M |
| Soviero Asset Management, LP | 240,000 | $2M |
| Banco BTG Pactual S.A. | 170,700 | $1M |
| WINTON GROUP Ltd | 131,178 | $833K |
| LuminArx Capital Management LP | 125,000 | $794K |
| Unifi Asset Management LP | 109,735 | $697K |
| CAPSTONE INVESTMENT ADVISORS, LLC | 91,216 | $579K |
| Focus Partners Wealth | 71,016 | $451K |
| HRT FINANCIAL LP | 58,521 | $372K |
| Tidal Investments LLC | 53,593 | $340K |
| Handelsbanken Fonder AB | 48,600 | $309K |
| Savant Capital, LLC | 38,160 | $242K |
| J. Safra Sarasin Holding AG | 35,190 | $223K |
| First Growth Capital LLC | 32,452 | $206K |
| Headlands Technologies LLC | 31,729 | $201K |
| SANDERS MORRIS HARRIS LLC | 28,975 | $184K |
Biggest Increases (20)
| Holder | Added | Change % | Total Shares |
|---|---|---|---|
| SG Americas Securities, LLC | +5,520,961 | +37278.6% | 5,535,771 |
| D. E. Shaw & Co., Inc. | +2,068,187 | +332.6% | 2,689,942 |
| GENDELL JEFFREY L | +1,067,251 | +35.9% | 4,037,091 |
| GOLDMAN SACHS GROUP INC | +1,017,165 | +19.5% | 6,225,131 |
| Man Group plc | +924,126 | +175.1% | 1,451,781 |
| Point72 Asset Management, L.P. | +885,559 | +65.6% | 2,235,821 |
| MILLENNIUM MANAGEMENT LLC | +658,349 | +150.7% | 1,095,104 |
| ACADIAN ASSET MANAGEMENT LLC | +603,501 | +12.4% | 5,482,986 |
| GEODE CAPITAL MANAGEMENT, LLC | +574,614 | +13.6% | 4,803,485 |
| Qube Research & Technologies Ltd | +571,192 | +51.4% | 1,681,918 |
| TWO SIGMA INVESTMENTS, LP | +557,421 | +35.3% | 2,135,582 |
| Federation des caisses Desjardins d | +482,904 | +3466.1% | 496,836 |
| Trexquant Investment LP | +430,146 | +404.7% | 536,440 |
| JPMORGAN CHASE & CO | +427,032 | +94.1% | 880,839 |
| DZ BANK AG Deutsche Zentral Genosse | +380,450 | +34.2% | 1,494,205 |
| Quadrature Capital Ltd | +267,802 | +181.8% | 415,116 |
| Bridgewater Associates, LP | +195,919 | +29.2% | 866,285 |
| CITADEL ADVISORS LLC | +192,884 | +21.1% | 1,105,055 |
| Engineers Gate Manager LP | +149,820 | +149.6% | 249,991 |
| Jump Financial, LLC | +149,668 | +32.4% | 611,100 |
Biggest Decreases (20)
| Holder | Reduced | Change % | Total Shares |
|---|---|---|---|
| NOMURA HOLDINGS INC | -8,586,952 | -95.6% | 399,420 |
| Nuveen, LLC | -3,609,530 | -95.0% | 189,427 |
| Walleye Capital LLC | -1,177,080 | -100.0% | 290 |
| ARROWSTREET CAPITAL, LIMITED PARTNE | -800,839 | -67.0% | 394,378 |
| ROYAL BANK OF CANADA | -530,916 | -4.7% | 10,832,582 |
| DIMENSIONAL FUND ADVISORS LP | -363,678 | -10.1% | 3,241,140 |
| Lido Advisors, LLC | -300,219 | -80.8% | 71,410 |
| UBS Group AG | -297,641 | -28.6% | 744,207 |
| RENAISSANCE TECHNOLOGIES LLC | -251,223 | -15.9% | 1,324,549 |
| Mitsubishi UFJ Trust & Banking Corp | -183,100 | -46.4% | 211,124 |
| Range Financial Group LLC | -169,733 | -87.5% | 24,192 |
| CITIGROUP INC | -135,518 | -64.3% | 75,359 |
| WELLS FARGO & COMPANY/MN | -125,427 | -84.0% | 23,835 |
| SUSQUEHANNA INTERNATIONAL GROUP, LL | -123,642 | -59.7% | 83,545 |
| Invesco Ltd. | -60,084 | -30.2% | 138,645 |
| LPL Financial LLC | -57,599 | -75.2% | 19,032 |
| INTACT INVESTMENT MANAGEMENT INC. | -57,000 | -32.6% | 118,100 |
| VAN ECK ASSOCIATES CORP | -52,499 | -22.1% | 185,537 |
| Gotham Asset Management, LLC | -49,930 | -82.5% | 10,588 |
| FRANKLIN RESOURCES INC | -47,576 | -65.4% | 25,135 |