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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, Q3 2025

Institutional positions in Baxter International Inc as of Sep 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
733
−28 vs. Q2 2025
Shares held
506.7M
+17.8M (+3.6%) vs. Q2 2025
Total value
$11.5B
−$3.27B (−22.1%) vs. Q2 2025
New holders
87
252 more added
Sold out
115
270 more reduced

14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 733 institutions
Q1 2021: 1,097 institutionsQ2 2021: 1,114 institutionsQ3 2021: 1,093 institutionsQ4 2021: 1,162 institutionsQ1 2022: 1,148 institutionsQ2 2022: 1,075 institutionsQ3 2022: 1,013 institutionsQ4 2022: 1,013 institutionsQ1 2023: 959 institutionsQ2 2023: 985 institutionsQ3 2023: 912 institutionsQ4 2023: 918 institutionsQ1 2024: 941 institutionsQ2 2024: 885 institutionsQ3 2024: 906 institutionsQ4 2024: 829 institutionsQ1 2025: 843 institutionsQ2 2025: 775 institutionsQ3 2025: 733 institutionsQ4 2025: 711 institutionsQ1 2026: 664 institutionsQ2 2026: 689 institutions
Value heldQ3 2025: $11.5B
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 2024906$17.8B
Q2 2024885$15.2B
Q1 2024941$19.6B
Q4 2023918$17.7B
Q3 2023912$16.9B
Q2 2023985$20.1B
Q1 2023959$17.9B
Q4 20221,013$22.2B
Q3 20221,013$23.6B
Q2 20221,075$27.8B
Q1 20221,148$33.5B
Q4 20211,162$36.8B
Q3 20211,093$34.4B
Q2 20211,114$34.6B
Q1 20211,097$36.8B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Baxter International Inc; share changes are against Q2 2025.

Institutions holding BAX in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.77,827,325$1.77B0.03%+10,099,001+14.9%Added
Vanguard Group Inc62,525,633$1.42B0.02%+335,314+0.5%Added
Dodge & Cox57,396,370$1.31B0.71%+5,274,750+10.1%Added
Pzena Investment Management LLC57,387,040$1.31B4.22%+18,050,555+45.9%Added
State Street Corp21,997,226$504.5M0.02%+60,063+0.3%Added
FMR LLC14,571,917$331.8M0.02%+10,503,122+258.1%Added
Price T Rowe Associates Inc13,452,292$306.3M0.03%−8,510,039−38.7%Reduced
Geode Capital Management, LLC12,537,314$284.2M0.02%−345,646−2.7%Reduced
Invesco Ltd.8,704,906$198.2M0.03%−198,012−2.2%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)8,472,474$192.9M0.31%−875,994−9.4%Reduced
Morgan Stanley6,525,704$148.6M0.01%+1,347,499+26.0%Added
Greenhaven Associates IncSuperinvestorGreenhaven Associates6,288,349$143.2M2.18%+6,288,349New
State Farm Mutual Automobile Insurance Co6,225,060$141.7M0.12%00.0%Unchanged
Lazard Asset Management LLC5,868,478$133.6M0.18%+1,384,266+30.9%Added
Bank of America Corp5,253,803$119.6M0.01%−364,156−6.5%Reduced
Charles Schwab Investment Management Inc5,044,813$114.9M0.02%+1,459,638+40.7%Added
Artisan Partners Limited Partnership5,013,995$114.2M0.16%+12,057+0.2%Added
Northern Trust Corp4,681,542$106.6M0.01%−78,277−1.6%Reduced
Equity Investment Corp4,659,550$106.1M2.22%+716,490+18.2%Added
LSV Asset Management4,522,500$103.0M0.23%−282,900−5.9%Reduced
Bank of New York Mellon Corp4,299,279$97.9M0.02%−8,889,709−67.4%Reduced
Nordea Investment Management AB4,154,658$92.4M0.08%+601,960+16.9%Added
Royal Bank of Canada3,948,673$89.9M0.02%+1,039,277+35.7%Added
UBS Group AG3,892,222$88.6M0.02%−1,336,405−25.6%Reduced
Rubric Capital Management LP3,774,889$86.0M1.15%+3,774,889New
Dimensional Fund Advisors LP3,482,143$79.3M0.02%−486,730−12.3%Reduced
Legal & General Group Plc3,118,858$71.0M0.02%+79,164+2.6%Added
UBS Asset Management Americas Inc2,980,147$67.9M0.01%−472,981−13.7%Reduced
Thompson Siegel & Walmsley LLC2,971,590$67.7M1.10%+743,636+33.4%Added
JPMorgan Chase & Co2,883,880$65.7M0.00%−788,746−21.5%Reduced
Ameriprise Financial Inc2,737,349$62.3M0.01%−4,901,280−64.2%Reduced
Russell Investments Group, Ltd.2,515,928$57.2M0.06%+615,100+32.4%Added
Cooke & Bieler LP2,200,860$50.1M0.52%+450,350+25.7%Added
Deutsche Bank AG2,195,212$50.0M0.02%+266,355+13.8%Added
Citadel Advisors LLC1,892,373$43.1M0.03%+1,558,432+466.7%Added
Callodine Capital Management, LP1,756,000$40.0M3.50%+293,500+20.1%Added
FIL Ltd1,747,215$39.8M0.03%+632,471+56.7%Added
Goldman Sachs Group Inc1,724,329$39.3M0.01%−144,062−7.7%Reduced
Edmond de Rothschild Holding S.A.1,644,142$37.4M0.58%+151,020+10.1%Added
Barclays PLC1,503,359$34.2M0.01%−108,395−6.7%Reduced
Natixis Advisors, L.P.1,488,342$33.9M0.05%+276,832+22.9%Added
Swiss National Bank1,478,989$33.7M0.02%−73,700−4.7%Reduced
Raymond James Financial Inc1,425,941$32.5M0.01%+290,595+25.6%Added
Deprince Race & Zollo Inc1,342,589$30.6M0.61%+178,204+15.3%Added
Sumitomo Mitsui Trust Holdings, Inc.1,292,522$29.4M0.02%+19,108+1.5%Added
Rhumbline Advisers1,140,000$26.0M0.02%+21,485+1.9%Added
Amundi1,110,338$25.7M0.01%−147,793−11.7%Reduced
Nuveen, LLC1,113,040$25.3M0.01%−1,507−0.1%Reduced
Auto-Owners Insurance Co1,050,000$23.9M0.62%00.0%Unchanged
Susquehanna International Group, LLP1,029,588$23.4M0.03%+675,619+190.9%Added
Envestnet Asset Management Inc1,006,272$22.9M0.01%+89,172+9.7%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.993,731$22.6M0.02%+16,857+1.7%Added
Wells Fargo & Company888,433$20.2M0.00%−168,885−16.0%Reduced
Bank of Montreal859,771$19.6M0.01%+79,439+10.2%Added
HSBC Holdings PLC850,994$19.3M0.01%−56,513−6.2%Reduced
BNP Paribas Arbitrage, SA829,129$18.9M0.01%−217,725−20.8%Reduced
ARGA Investment Management, LP818,889$18.6M0.49%+20,448+2.6%Added
Glenview Capital Management, LLC742,542$16.9M0.41%+742,542New
California Public Employees Retirement System710,845$16.2M0.01%−1,216,439−63.1%Reduced
Gabelli Funds LLC697,000$15.9M0.11%+122,300+21.3%Added
Toronto Dominion Bank696,044$15.8M0.03%+487,953+234.5%Added
Twinbeech Capital LP652,490$14.9M0.59%+652,490New
Gotham Asset Management, LLC624,037$14.2M0.06%+238,350+61.8%Added
California State Teachers Retirement System622,179$14.2M0.01%−27,284−4.2%Reduced
Alliancebernstein L.P.616,073$14.0M0.00%+52,274+9.3%Added
SEI Investments Co584,249$13.3M0.01%−193,399−24.9%Reduced
Great West Life Assurance Co583,801$13.1M0.02%−26,371−4.3%Reduced
Principal Financial Group Inc553,010$12.6M0.01%−6,543−1.2%Reduced
Citigroup Inc509,826$11.6M0.01%+164,722+47.7%Added
Everett Harris & Co499,533$11.4M0.14%−10,986−2.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH498,913$11.4M0.02%−1,629−0.3%Reduced
State Board of Administration of Florida Retirement System481,018$11.0M0.02%−38,032−7.3%Reduced
Moore Capital Management, LP462,566$10.5M0.21%+462,566New
Jane Street Group, LLC450,450$10.3M0.01%+450,450New
New York State Common Retirement Fund446,942$10.2M0.01%−12,000−2.6%Reduced
State of Wisconsin Investment Board441,222$10.0M0.02%+109,383+33.0%Added
CIBC Asset Management Inc436,571$9.94M0.03%+69,507+18.9%Added
National Pension Service430,966$9.81M0.01%+119,764+38.5%Added
Becker Capital Management Inc415,656$9.54M0.28%−85,167−17.0%Reduced
Franklin Resources Inc428,262$9.49M0.00%−4,379,205−91.1%Reduced
Standard Life Aberdeen plc417,523$9.34M0.01%−19,798−4.5%Reduced
Manning & Napier Advisors LLC404,514$9.21M0.12%−51,029−11.2%Reduced
DnB Asset Management AS398,118$9.07M0.03%+299,750+304.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)392,625$8.94M0.02%−6,281−1.6%Reduced
Great Lakes Advisors, LLC390,453$8.89M0.07%−7,481−1.9%Reduced
Sector Gamma AS381,551$8.69M2.15%+113,544+42.4%Added
Manufacturers Life Insurance Company, The379,692$8.65M0.01%+88,863+30.6%Added
New York State Teachers Retirement System376,357$8.57M0.02%−980.0%Reduced
Vontobel Holding Ltd.375,393$8.55M0.03%+335,587+843.1%Added
Invenomic Capital Management LP366,655$8.35M0.44%+366,655New
Olstein Capital Management, L.P.365,000$8.31M1.57%+96,000+35.7%Added
South Dakota Investment Council362,544$8.26M0.16%+7,500+2.1%Added
Gamco Investors, Inc. Et Al355,950$8.10M0.08%+157,500+79.4%Added
Neuberger Berman Group LLC353,997$8.06M0.01%+313,726+779.0%Added
Squarepoint Ops LLC332,395$7.57M0.02%+256,494+337.9%Added
Morningstar Investment Management LLC323,197$7.36M0.27%+309,598+2,276.6%Added
Adage Capital Partners GP, L.L.C.317,547$7.23M0.01%−1,064,118−77.0%Reduced
ExodusPoint Capital Management, LP304,289$6.93M0.10%+160,273+111.3%Added
SG Americas Securities, LLC298,704$6.80M0.02%+286,359+2,319.6%Added
Stifel Financial Corp295,978$6.74M0.01%−60,836−17.0%Reduced