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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
Cooke & Bieler LP2,200,860$50.1M0.52%+450,350+25.7%Added
Russell Investments Group, Ltd.2,515,928$57.2M0.06%+615,100+32.4%Added
Ameriprise Financial Inc2,737,349$62.3M0.01%−4,901,280−64.2%Reduced
JPMorgan Chase & Co2,883,880$65.7M0.00%−788,746−21.5%Reduced
Thompson Siegel & Walmsley LLC2,971,590$67.7M1.10%+743,636+33.4%Added
UBS Asset Management Americas Inc2,980,147$67.9M0.01%−472,981−13.7%Reduced
Legal & General Group Plc3,118,858$71.0M0.02%+79,164+2.6%Added
Dimensional Fund Advisors LP3,482,143$79.3M0.02%−486,730−12.3%Reduced
Rubric Capital Management LP3,774,889$86.0M1.15%+3,774,889New
UBS Group AG3,892,222$88.6M0.02%−1,336,405−25.6%Reduced
Royal Bank of Canada3,948,673$89.9M0.02%+1,039,277+35.7%Added
Nordea Investment Management AB4,154,658$92.4M0.08%+601,960+16.9%Added
Bank of New York Mellon Corp4,299,279$97.9M0.02%−8,889,709−67.4%Reduced
LSV Asset Management4,522,500$103.0M0.23%−282,900−5.9%Reduced
Equity Investment Corp4,659,550$106.1M2.22%+716,490+18.2%Added
Northern Trust Corp4,681,542$106.6M0.01%−78,277−1.6%Reduced
Artisan Partners Limited Partnership5,013,995$114.2M0.16%+12,057+0.2%Added
Charles Schwab Investment Management Inc5,044,813$114.9M0.02%+1,459,638+40.7%Added
Bank of America Corp5,253,803$119.6M0.01%−364,156−6.5%Reduced
Lazard Asset Management LLC5,868,478$133.6M0.18%+1,384,266+30.9%Added
State Farm Mutual Automobile Insurance Co6,225,060$141.7M0.12%00.0%Unchanged
Greenhaven Associates IncSuperinvestorGreenhaven Associates6,288,349$143.2M2.18%+6,288,349New
Morgan Stanley6,525,704$148.6M0.01%+1,347,499+26.0%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)8,472,474$192.9M0.31%−875,994−9.4%Reduced
Invesco Ltd.8,704,906$198.2M0.03%−198,012−2.2%Reduced
Geode Capital Management, LLC12,537,314$284.2M0.02%−345,646−2.7%Reduced
Price T Rowe Associates Inc13,452,292$306.3M0.03%−8,510,039−38.7%Reduced
FMR LLC14,571,917$331.8M0.02%+10,503,122+258.1%Added
State Street Corp21,997,226$504.5M0.02%+60,063+0.3%Added
Pzena Investment Management LLC57,387,040$1.31B4.22%+18,050,555+45.9%Added
Dodge & Cox57,396,370$1.31B0.71%+5,274,750+10.1%Added
Vanguard Group Inc62,525,633$1.42B0.02%+335,314+0.5%Added
BlackRock, Inc.77,827,325$1.77B0.03%+10,099,001+14.9%Added
Sound Shore Management Inc0$00.00%−2,821,514−100.0%Sold out
Alyeska Investment Group, L.P.0$00.00%−2,545,185−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−2,251,492−100.0%Sold out
Cullen Capital Management LLC0$00.00%−1,651,542−100.0%Sold out
Shapiro Capital Management LLC0$00.00%−702,128−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−317,808−100.0%Sold out
Parkwood LLC0$00.00%−312,389−100.0%Sold out
AXA S.A.0$00.00%−271,156−100.0%Sold out
Integral Health Asset Management, LLC0$00.00%−250,000−100.0%Sold out
Oppenheimer Asset Management Inc.0$00.00%−178,007−100.0%Sold out
M. Kulyk & Associates, LLC0$00.00%−159,772−100.0%Sold out
Perbak Capital Partners LLP0$00.00%−145,998−100.0%Sold out
RNC Capital Management LLC0$00.00%−138,325−100.0%Sold out
Oak Thistle LLC0$00.00%−90,981−100.0%Sold out
UBS Oconnor LLC0$00.00%−88,787−100.0%Sold out
Baker Ellis Asset Management LLC0$00.00%−88,055−100.0%Sold out
Sivik Global Healthcare LLC0$00.00%−75,000−100.0%Sold out
F/M Investments LLC0$00.00%−71,962−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−49,608−100.0%Sold out
Brinker Capital Investments, LLC0$00.00%−43,065−100.0%Sold out
Berkeley Capital Partners, LLC0$00.00%−42,435−100.0%Sold out
Cascade Investment Advisors, Inc.0$00.00%−38,005−100.0%Sold out
Avantra Family Wealth, Inc.0$00.00%−31,243−100.0%Sold out
Banque Cantonale Vaudoise0$00.00%−30,975−100.0%Sold out
Vinva Investment Management Ltd0$00.00%−29,065−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−24,251−100.0%Sold out
Mariner, LLC0$00.00%−20,867−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−19,382−100.0%Sold out
Exencial Wealth Advisors, LLC0$00.00%−19,123−100.0%Sold out
Wealth Alliance0$00.00%−18,773−100.0%Sold out
HB Wealth Management, LLC0$00.00%−18,078−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−13,406−100.0%Sold out
Castleview Partners, LLC0$00.00%−11,914−100.0%Sold out
Summit X, LLC0$00.00%−11,326−100.0%Sold out
Flputnam Investment Management Co0$00.00%−11,310−100.0%Sold out
Greenfield Seitz Capital Management, LLC0$00.00%−10,140−100.0%Sold out
Resources Investment Advisors, LLC.0$00.00%−9,917−100.0%Sold out
Dorsey & Whitney Trust CO LLC0$00.00%−9,684−100.0%Sold out
Magnetar Financial LLC0$00.00%−9,651−100.0%Sold out
Lansforsakringar Fondforvaltning AB (publ)0$00.00%−9,600−100.0%Sold out
SageView Advisory Group, LLC0$00.00%−10,023−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−9,243−100.0%Sold out
Murphy Pohlad Asset Management LLC0$00.00%−9,171−100.0%Sold out
Quarry LP0$00.00%−9,020−100.0%Sold out
Fiduciary Group LLC0$00.00%−8,970−100.0%Sold out
Birmingham Capital Management Co Inc0$00.00%−8,500−100.0%Sold out
Azimuth Capital Investment Management LLC0$00.00%−8,500−100.0%Sold out
Chicago Trust Co NA0$00.00%−8,494−100.0%Sold out
Johnson Investment Counsel Inc0$00.00%−8,489−100.0%Sold out
Jeppson Wealth Management, LLC0$00.00%−8,392−100.0%Sold out
Alan B. Lancz & Associates, Inc.0$00.00%−8,250−100.0%Sold out
Arete Wealth Advisors, LLC0$00.00%−8,241−100.0%Sold out
Savant Capital, LLC0$00.00%−8,001−100.0%Sold out
Fayez Sarofim & Co0$00.00%−8,000−100.0%Sold out
Suvretta Capital Management, LLC0$00.00%−7,970−100.0%Sold out
1st Source Bank0$00.00%−7,911−100.0%Sold out
Silvercrest Asset Management Group LLC0$00.00%−7,827−100.0%Sold out
Hancock Whitney Corp0$00.00%−7,742−100.0%Sold out
Pinnacle Financial Partners Inc0$00.00%−7,665−100.0%Sold out
MBB Public Markets I LLC0$00.00%−7,625−100.0%Sold out
Institute for Wealth Management, LLC.0$00.00%−7,460−100.0%Sold out
Court Place Advisors, LLC0$00.00%−7,443−100.0%Sold out
Busey Wealth Management0$00.00%−7,377−100.0%Sold out
Patton Fund Management, Inc.0$00.00%−7,288−100.0%Sold out
Red Door Wealth Management, LLC0$00.00%−7,240−100.0%Sold out
Valeo Financial Advisors, LLC0$00.00%−7,216−100.0%Sold out
Insigneo Advisory Services, LLC0$00.00%−7,160−100.0%Sold out