13FPulse
中
BH

BHC BAUSCH HEALTH COS INC

2026Q2 · CUSIP 071734107 · Sector: Healthcare & Biotech

Normal

Fund flows are within the usual range

Funds that own it
219
Institutions that reported holding it to the SEC
Net decrease in holders
6
Last quarter 225 → now 219
How unusual is that
Bottom 20%
Stronger than only 19% of US stocks
What the filings say, in one paragraph

219 funds held BHC at the end of 2026Q2, down 6 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $10.9B(YoY +10.1%). BHC has had 4 buying rushes in its history, and the price moved -2.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2018Q3: holders=327 2018Q4: holders=327 2019Q1: holders=343 2019Q2: holders=328 2019Q3: holders=311 2019Q4: holders=322 2020Q1: holders=304 2020Q2: holders=300 2020Q3: holders=316 2020Q4: holders=333 2021Q1: holders=345 2021Q2: holders=356 2021Q3: holders=343 2021Q4: holders=375 2022Q1: holders=365 2022Q2: holders=324 2022Q3: holders=281 2022Q4: holders=260 2023Q1: holders=232 2023Q2: holders=231 2023Q3: holders=221 2023Q4: holders=234 2024Q1: holders=233 2024Q2: holders=233 2024Q3: holders=209 2024Q4: holders=224 2025Q1: holders=227 2025Q2: holders=208 2025Q3: holders=217 2025Q4: holders=235 2026Q1: holders=225 2026Q2: holders=219 -309 -154.5 +0 +154.5 +309 187291394 18Q319Q320Q321Q322Q323Q324Q325Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 4 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2021Q4 Top 20% -60.9% -77.4%
2020Q3 Top 20% +63.8% +61.4%
2019Q1 Top 20% -15.0% +10.7%
2018Q3 Top 1% in the market -7.2% -3.5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
115
Change in large funds
+2
Total value they hold
$1.2B
Funds buying for the first time
31
Funds that sold out entirely
37
Price change that quarter
+18.4%
Funds holding puts (bearish)
11
Funds holding calls (bullish)
12

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
—
EPS (TTM)
$-2.96
EPS YoY
-1284.0%
Revenue (TTM)
$10.9B
Revenue YoY
+10.1%
Net margin
-10.1%
ROE
—
Debt ratio
103.2%
FCF (TTM)
$1.4B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.52 2021-12-31: EPS 0.21 2022-03-31: EPS -0.19 2022-06-30: EPS -0.40 2022-09-30: EPS 1.10 2022-12-31: EPS -1.13 2023-03-31: EPS -0.55 2023-06-30: EPS 0.07 2023-09-30: EPS -1.03 2023-12-31: EPS -0.11 2024-03-31: EPS -0.17 2024-06-30: EPS 0.03 2024-09-30: EPS -0.23 2024-12-31: EPS 0.24 2025-03-31: EPS -0.16 2025-06-30: EPS 0.40 2025-09-30: EPS 0.48 2025-12-31: EPS -0.30 2026-03-31: EPS -3.82 2026-06-30: EPS 0.68 0B 1.4B 2.9B $B -4.20 -1.50 1.21 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
6 27 48 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-1.3B-201M916M 20162017201820192020202120222023202420252026
Latest quarter $121M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.