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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
Versor Investments LP23,100$526.0K0.10%+4,100+21.6%Added
New Mexico Educational Retirement Board23,161$527.0K0.02%−700−2.9%Reduced
Gulf International Bank (UK) Ltd23,364$532.0K0.02%−984−4.0%Reduced
D.A. Davidson & Co.23,770$541.2K0.00%−14,610−38.1%Reduced
Investment Management Corp of Ontario24,150$549.9K0.01%+11,631+92.9%Added
BI Asset Management Fondsmaeglerselskab A/S24,379$555.0K0.01%+23+0.1%Added
Allspring Global Investments Holdings, LLC23,927$558.9K0.00%+1,696+7.6%Added
Sowell Financial Services LLC24,783$564.3K0.02%+12,100+95.4%Added
Securian Asset Management, Inc24,799$564.7K0.01%−1,935−7.2%Reduced
Park Avenue Securities LLC24,965$568.0K0.00%+2,567+11.5%Added
Beck Mack & Oliver LLC24,950$568.1K0.01%−80−0.3%Reduced
Maryland State Retirement & Pension System25,215$574.1K0.01%+1,413+5.9%Added
Fifth Third Bancorp25,349$577.2K0.00%+5,085+25.1%Added
Norinchukin Bank, The25,760$586.6K0.01%+738+2.9%Added
Addison Capital Co26,376$600.6K0.18%−3,014−10.3%Reduced
Louisiana State Employees Retirement System27,000$614.8K0.01%−100−0.4%Reduced
Allianz Asset Management GmbH27,484$625.8K0.00%−148−0.5%Reduced
Mackenzie Financial Corp27,510$626.4K0.00%−32,136−53.9%Reduced
Ci Investments Inc.27,537$627.0K0.00%−5,194−15.9%Reduced
Country Club Bank28,142$629.8K0.04%−105,537−78.9%Reduced
Gifford Fong Associates29,000$660.0K0.14%00.0%Unchanged
Canada Pension Plan Investment Board29,108$662.8K0.00%+4,991+20.7%Added
Hartford Investment Management Co29,686$676.0K0.02%−1,005−3.3%Reduced
Mairs & Power Inc29,821$679.0K0.01%−1,600−5.1%Reduced
JustInvest LLC29,897$680.8K0.01%+1,769+6.3%Added
Caption Management, LLC30,000$683.1K0.04%−37,500−55.6%Reduced
Aequim Alternative Investments LP30,000$683.1K0.02%+5,000+20.0%Added
SCS Capital Management LLC29,003$689.6K0.01%−159,564−84.6%Reduced
First Trust Advisors LP31,139$709.0K0.00%−1,256,693−97.6%Reduced
Sterling Capital Management LLC31,672$721.2K0.01%−2,507−7.3%Reduced
Kentucky Retirement Systems32,161$732.3K0.02%−465−1.4%Reduced
CI Private Wealth, LLC32,907$749.3K0.00%−2,833−7.9%Reduced
Midwest Trust Co33,048$752.5K0.01%−115−0.3%Reduced
Rodgers Brothers Inc.33,274$757.7K0.09%−3,794−10.2%Reduced
Keybank National Association33,492$762.6K0.00%+1,307+4.1%Added
Axq Capital, LP34,799$792.4K0.30%+34,799New
Atria Investments LLC36,483$830.7K0.01%−32,748−47.3%Reduced
Wiley Bros.-Aintree Capital, LLC37,103$844.8K0.01%+6,029+19.4%Added
FORA Capital, LLC37,396$851.5K0.15%+18,688+99.9%Added
Truist Financial Corp37,702$858.5K0.00%−13,251−26.0%Reduced
International Assets Investment Management, LLC27,605$862.1K0.07%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.38,099$868.0K0.00%−19,500−33.9%Reduced
La Banque Postale Asset Management SA38,699$881.2K0.01%−653−1.7%Reduced
A. D. Beadell Investment Counsel, Inc.39,175$892.0K0.61%+39,175New
Dynamic Technology Lab Private Ltd39,326$895.0K0.15%−6,575−14.3%Reduced
Empowered Funds, LLC39,643$902.7K0.01%+21,186+114.8%Added
S&CO Inc39,855$907.0K0.06%00.0%Unchanged
Barbara Oil Co.40,000$910.8K0.34%00.0%Unchanged
Teachers Retirement System of the State of Kentucky40,079$912.0K0.01%00.0%Unchanged
Ethic Inc.40,142$914.0K0.02%−10,735−21.1%Reduced
Radnor Capital Management, LLC40,204$915.4K0.14%−4,100−9.3%Reduced
TCW Group Inc40,230$916.0K0.01%−8,573−17.6%Reduced
Mizuho Securities USA LLC37,409$923.6K0.02%+1,942+5.5%Added
Camelot Portfolios, LLC40,611$924.7K0.55%−198−0.5%Reduced
Schroder Investment Management Group40,715$927.1K0.00%−365,554−90.0%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund41,234$939.0K0.01%−16,700−28.8%Reduced
HighTower Advisors, LLC41,421$943.1K0.00%−7,602−15.5%Reduced
Inspirion Wealth Advisors, LLC25,493$968.0K0.14%+2,548+11.1%Added
Deerfield Management Company, L.P. (Series C)42,744$973.3K0.01%−1,880,356−97.8%Reduced
Parallax Volatility Advisers, L.P.42,836$975.4K0.03%+42,836New
Pathstone Holdings, LLC42,843$976.1K0.00%−43,393−50.3%Reduced
Intech Investment Management LLC43,437$989.1K0.01%−7,985−15.5%Reduced
Wolverine Trading, LLC44,891$1.00M0.02%+44,891New
Public Sector Pension Investment Board45,011$1.02M0.00%+5,583+14.2%Added
Cambridge Investment Research Advisors, Inc.45,727$1.04M0.00%+19,847+76.7%Added
Pacer Advisors, Inc.45,797$1.04M0.00%−399−0.9%Reduced
M&T Bank Corp45,922$1.05M0.00%−3,505−7.1%Reduced
Nicholas Hoffman & Company, LLC.45,970$1.05M0.03%+7,989+21.0%Added
Brown Advisory Inc46,352$1.06M0.00%+2,181+4.9%Added
First Manhattan Co46,017$1.06M0.00%−2,036−4.2%Reduced
Captrust Financial Advisors46,539$1.06M0.00%−7,394−13.7%Reduced
Storebrand Asset Management AS46,658$1.06M0.00%−37,073−44.3%Reduced
Beacon Investment Advisors LLC46,901$1.07M0.44%−550−1.2%Reduced
Mattern Capital Management, LLC48,027$1.09M0.13%+17,109+55.3%Added
Credit Agricole S A48,770$1.11M0.00%+48,770New
Jones Financial Companies LLLP50,678$1.12M0.00%+18,696+58.5%Added
MML Investors Services, LLC50,100$1.14M0.00%+7,942+18.8%Added
Winton Group Ltd50,127$1.14M0.04%+50,127New
Janus Henderson Group PLC50,194$1.14M0.00%−7,108−12.4%Reduced
Public Employees Retirement Association of Colorado51,029$1.16M0.00%00.0%Unchanged
Premier Path Wealth Partners, LLC51,563$1.17M0.15%+12,050+30.5%Added
Cacti Asset Management LLC54,000$1.19M0.08%−549,876−91.1%Reduced
Swiss Life Asset Management Ltd52,508$1.20M0.01%+7,264+16.1%Added
John G Ullman & Associates Inc52,834$1.20M0.16%−17,995−25.4%Reduced
Linscomb & Williams, Inc.53,153$1.21M0.05%+7,144+15.5%Added
Group One Trading, L.P.53,650$1.22M0.04%+44,083+460.8%Added
Envestnet Portfolio Solutions, Inc.54,579$1.24M0.00%+1,932+3.7%Added
State of Alaska, Department of Revenue55,072$1.25M0.01%−2,660−4.6%Reduced
Mutual of America Capital Management LLC55,803$1.27M0.01%−3,160−5.4%Reduced
State of Tennessee, Treasury Department56,184$1.28M0.00%00.0%Unchanged
Rafferty Asset Management, LLC57,019$1.30M0.00%+2,775+5.1%Added
OP Asset Management Ltd57,351$1.31M0.02%00.0%Unchanged
American Assets Investment Management, LLC57,829$1.32M0.10%00.0%Unchanged
Oppenheimer & Co Inc57,971$1.32M0.02%+4,395+8.2%Added
Baird Financial Group, Inc.58,215$1.33M0.00%+5,779+11.0%Added
Argyle Capital Management Inc.58,279$1.33M0.46%00.0%Unchanged
Mercer Global Advisors Inc58,510$1.33M0.00%−470−0.8%Reduced
LGT Group Foundation57,195$1.34M0.02%+14,853+35.1%Added
Oregon Public Employees Retirement Fund58,699$1.34M0.02%+14,438+32.6%Added
First Citizens Bank & Trust Co59,367$1.35M0.03%+2,901+5.1%Added