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Baxter International Inc

BAX
Exchange
NYSE
Industry
Surgical & Medical Instruments & Apparatus
SEC CIK
0000010456

No open-market purchases or sales by Baxter International Inc insiders were filed in the last 90 days; 689 institutions reported holding it in 13F filings for Q2 2026, worth $11.9B in total; Greenhaven Associates is the only superinvestor holding it.

13F holders, Q2 2025

Institutional positions in Baxter International Inc as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
775
−56 vs. Q1 2025
Shares held
497.4M
+6.39M (+1.3%) vs. Q1 2025
Total value
$15.1B
−$1.76B (−10.4%) vs. Q1 2025
New holders
71
266 more added
Sold out
127
299 more reduced

12 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BAX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 775 institutions
Q1 2021: 1,096 institutionsQ2 2021: 1,113 institutionsQ3 2021: 1,092 institutionsQ4 2021: 1,161 institutionsQ1 2022: 1,147 institutionsQ2 2022: 1,074 institutionsQ3 2022: 1,012 institutionsQ4 2022: 1,012 institutionsQ1 2023: 958 institutionsQ2 2023: 984 institutionsQ3 2023: 911 institutionsQ4 2023: 917 institutionsQ1 2024: 940 institutionsQ2 2024: 884 institutionsQ3 2024: 905 institutionsQ4 2024: 829 institutionsQ1 2025: 843 institutionsQ2 2025: 775 institutionsQ3 2025: 733 institutionsQ4 2025: 711 institutionsQ1 2026: 664 institutionsQ2 2026: 689 institutions
Value heldQ2 2025: $15.1B
Q1 2021: $36.8BQ2 2021: $34.6BQ3 2021: $34.4BQ4 2021: $36.8BQ1 2022: $33.5BQ2 2022: $27.8BQ3 2022: $23.6BQ4 2022: $22.2BQ1 2023: $17.9BQ2 2023: $20.1BQ3 2023: $16.9BQ4 2023: $17.7BQ1 2024: $19.6BQ2 2024: $15.2BQ3 2024: $17.8BQ4 2024: $14.1BQ1 2025: $16.8BQ2 2025: $15.1BQ3 2025: $11.5BQ4 2025: $10.5BQ1 2026: $8.88BQ2 2026: $11.9B
Institutions holding BAX and their total value by quarter
QuarterHoldersValue
Q2 2026689$11.9B
Q1 2026664$8.88B
Q4 2025711$10.5B
Q3 2025733$11.5B
Q2 2025775$15.1B
Q1 2025843$16.8B
Q4 2024829$14.1B
Q3 2024905$17.8B
Q2 2024884$15.2B
Q1 2024940$19.6B
Q4 2023917$17.7B
Q3 2023911$16.9B
Q2 2023984$20.1B
Q1 2023958$17.9B
Q4 20221,012$22.2B
Q3 20221,012$23.6B
Q2 20221,074$27.8B
Q1 20221,147$33.5B
Q4 20211,161$36.8B
Q3 20211,092$34.4B
Q2 20211,113$34.6B
Q1 20211,096$36.8B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Baxter International Inc; share changes are against Q1 2025.

Institutions holding BAX in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.67,728,324$2.05B0.04%+793,583+1.2%Added
Vanguard Group Inc62,190,319$1.88B0.03%+1,138,212+1.9%Added
Dodge & Cox52,121,620$1.58B0.89%+662,695+1.3%Added
Pzena Investment Management LLC39,336,485$1.19B3.87%+2,563,919+7.0%Added
State Street Corp21,937,163$668.0M0.03%+170,660+0.8%Added
Price T Rowe Associates Inc21,962,331$665.0M0.08%+1,650,695+8.1%Added
Bank of New York Mellon Corp13,188,988$399.4M0.08%−1,013,114−7.1%Reduced
Geode Capital Management, LLC12,882,960$388.4M0.03%+326,652+2.6%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)9,348,468$283.1M0.46%+344,537+3.8%Added
Invesco Ltd.8,902,918$269.6M0.05%+458,118+5.4%Added
Ameriprise Financial Inc7,638,629$231.3M0.06%+97,687+1.3%Added
State Farm Mutual Automobile Insurance Co6,225,060$188.5M0.17%00.0%Unchanged
Bank of America Corp5,617,959$170.1M0.01%−336,432−5.7%Reduced
Norges Bank5,468,824$165.6M0.02%+860,881+18.7%Added
UBS Group AG5,228,627$158.3M0.03%+355,854+7.3%Added
Morgan Stanley5,178,205$156.8M0.01%−580,159−10.1%Reduced
Artisan Partners Limited Partnership5,001,938$151.5M0.23%−201,778−3.9%Reduced
Franklin Resources Inc4,807,467$145.6M0.04%−70,847−1.5%Reduced
LSV Asset Management4,805,400$145.5M0.34%−288,400−5.7%Reduced
Northern Trust Corp4,759,819$144.1M0.02%−182,474−3.7%Reduced
Lazard Asset Management LLC4,484,212$135.8M0.19%+716,773+19.0%Added
Macquarie Group Ltd4,415,567$133.7M0.16%−1,776,703−28.7%Reduced
FMR LLC4,068,795$123.2M0.01%+763,852+23.1%Added
Dimensional Fund Advisors LP3,968,873$120.2M0.03%+658,748+19.9%Added
Equity Investment Corp3,943,060$119.4M2.61%+519,073+15.2%Added
JPMorgan Chase & Co3,672,626$111.2M0.01%+258,314+7.6%Added
Charles Schwab Investment Management Inc3,585,175$108.6M0.02%+99,968+2.9%Added
Nordea Investment Management AB3,552,698$108.1M0.10%+1,259,824+54.9%Added
UBS Asset Management Americas Inc3,453,128$104.6M0.02%+277,444+8.7%Added
Legal & General Group Plc3,039,694$92.0M0.02%−79,265−2.5%Reduced
Royal Bank of Canada2,909,396$88.1M0.02%+1,650,151+131.0%Added
Camber Capital Management LP2,850,000$86.3M12.02%−2,900,000−50.4%Reduced
Sound Shore Management Inc2,821,514$85.4M2.91%−4,388−0.2%Reduced
Alyeska Investment Group, L.P.2,545,185$77.1M0.27%+925,331+57.1%Added
Point72 Asset Management, L.P.2,251,492$68.2M0.16%+1,971,485+704.1%Added
Thompson Siegel & Walmsley LLC2,227,954$67.5M1.14%+5,675+0.3%Added
Deutsche Bank AG1,928,857$58.4M0.02%−187,795−8.9%Reduced
California Public Employees Retirement System1,927,284$58.4M0.04%−278,562−12.6%Reduced
Deerfield Management Company, L.P. (Series C)1,923,100$58.2M1.06%00.0%Unchanged
Russell Investments Group, Ltd.1,900,828$57.6M0.07%+224,804+13.4%Added
Goldman Sachs Group Inc1,868,391$56.6M0.01%−272,366−12.7%Reduced
Cooke & Bieler LP1,750,510$53.0M0.53%+170,560+10.8%Added
Cullen Capital Management LLC1,651,542$50.0M0.57%+155,415+10.4%Added
Barclays PLC1,611,754$48.8M0.02%+422,919+35.6%Added
Swiss National Bank1,552,689$47.0M0.03%+112,600+7.8%Added
Edmond de Rothschild Holding S.A.1,493,122$45.2M0.72%−189,622−11.3%Reduced
Callodine Capital Management, LP1,462,500$44.3M4.59%+585,000+66.7%Added
Adage Capital Partners GP, L.L.C.1,381,665$41.8M0.07%+1,055,718+323.9%Added
Amundi1,258,131$39.2M0.01%−186,574−12.9%Reduced
First Trust Advisors LP1,287,832$39.0M0.03%−250,792−16.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,273,414$38.6M0.02%+130,169+11.4%Added
Natixis Advisors, L.P.1,211,510$36.7M0.06%−8,136−0.7%Reduced
Deprince Race & Zollo Inc1,164,385$35.3M0.73%+77,902+7.2%Added
Raymond James Financial Inc1,135,346$34.4M0.01%+1,074+0.1%Added
Rhumbline Advisers1,118,515$33.9M0.03%−94,456−7.8%Reduced
FIL Ltd1,114,744$33.8M0.03%+579,650+108.3%Added
Nuveen, LLC1,114,547$33.7M0.01%+55,532+5.2%Added
Millennium Management LLC1,063,474$32.2M0.03%+394,897+59.1%Added
Wells Fargo & Company1,057,318$32.0M0.01%+117,277+12.5%Added
Auto-Owners Insurance Co1,050,000$31.8M0.71%+968,765+1,192.5%Added
BNP Paribas Arbitrage, SA1,046,854$31.7M0.02%+25,228+2.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.976,874$29.6M0.02%+56,244+6.1%Added
Envestnet Asset Management Inc917,100$27.8M0.01%+15,725+1.7%Added
HSBC Holdings PLC907,507$27.5M0.02%−11,468−1.2%Reduced
Clark Estates Inc805,000$24.4M5.47%+55,000+7.3%Added
ARGA Investment Management, LP798,441$24.2M0.66%−529,505−39.9%Reduced
Bank of Montreal780,332$23.6M0.01%−75,556−8.8%Reduced
SEI Investments Co777,648$23.5M0.03%−52,057−6.3%Reduced
Shapiro Capital Management LLC702,128$21.3M0.93%−1,502,308−68.1%Reduced
California State Teachers Retirement System649,463$19.7M0.02%+18,439+2.9%Added
Great West Life Assurance Co610,172$18.5M0.03%+100,812+19.8%Added
Cacti Asset Management LLC603,876$18.4M1.35%+4,435+0.7%Added
Gabelli Funds LLC574,700$17.4M0.12%+98,000+20.6%Added
Alliancebernstein L.P.563,799$17.1M0.01%−213,351−27.5%Reduced
Principal Financial Group Inc559,553$16.9M0.01%−15,434−2.7%Reduced
State Board of Administration of Florida Retirement System519,050$15.7M0.03%+4,420+0.9%Added
Everett Harris & Co510,519$15.5M0.20%−15,866−3.0%Reduced
Becker Capital Management Inc500,823$15.3M0.48%−11,446−2.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH500,542$15.2M0.03%−31,308−5.9%Reduced
New York State Common Retirement Fund458,942$13.9M0.02%−164,461−26.4%Reduced
Manning & Napier Advisors LLC455,543$13.8M0.16%+28,789+6.7%Added
Prudential Financial Inc454,375$13.8M0.02%+174,487+62.3%Added
Standard Life Aberdeen plc437,321$13.2M0.02%+53,257+13.9%Added
Meyer Handelman Co422,083$12.8M0.42%+7,001+1.7%Added
Skandinaviska Enskilda Banken AB (publ)418,807$12.7M0.06%00.0%Unchanged
Schroder Investment Management Group406,269$12.3M0.01%−129,243−24.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)398,906$12.1M0.03%+132,344+49.6%Added
Great Lakes Advisors, LLC397,934$12.0M0.10%−8,666−2.1%Reduced
Gotham Asset Management, LLC385,687$11.7M0.07%+109,995+39.9%Added
New York State Teachers Retirement System376,455$11.4M0.02%+1620.0%Added
National Bank of Canada376,042$11.4M0.01%+142,358+60.9%Added
CIBC Asset Management Inc367,064$11.1M0.03%−37,826−9.3%Reduced
Swedbank AB365,725$11.1M0.01%+365,725New
Stifel Financial Corp356,814$10.8M0.01%+75,272+26.7%Added
South Dakota Investment Council355,044$10.8M0.21%00.0%Unchanged
Susquehanna International Group, LLP353,969$10.7M0.02%−265,643−42.9%Reduced
Citigroup Inc345,104$10.4M0.01%−263,983−43.3%Reduced
APG Asset Management N.V.394,487$10.2M0.03%+7,304+1.9%Added
Citadel Advisors LLC333,941$10.1M0.01%−495,080−59.7%Reduced
State of Wisconsin Investment Board331,839$10.0M0.02%−3,020−0.9%Reduced