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, Q4 2025
Institutional positions in Baxter International Inc as of Dec 31, 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
- 711
- −8 vs. Q3 2025
- Shares held
- 550.6M
- +44.4M (+8.8%) vs. Q3 2025
- Total value
- $10.5B
- −$1.00B (−8.7%) vs. Q3 2025
- New holders
- 112
- 242 more added
- Sold out
- 120
- 236 more reduced
14 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 689 | $11.9B |
| Q1 2026 | 664 | $8.88B |
| Q4 2025 | 711 | $10.5B |
| Q3 2025 | 733 | $11.5B |
| Q2 2025 | 775 | $15.1B |
| Q1 2025 | 843 | $16.8B |
| Q4 2024 | 829 | $14.1B |
| Q3 2024 | 906 | $17.8B |
| Q2 2024 | 885 | $15.2B |
| Q1 2024 | 941 | $19.6B |
| Q4 2023 | 918 | $17.7B |
| Q3 2023 | 912 | $16.9B |
| Q2 2023 | 985 | $20.1B |
| Q1 2023 | 959 | $17.9B |
| Q4 2022 | 1,013 | $22.2B |
| Q3 2022 | 1,013 | $23.6B |
| Q2 2022 | 1,075 | $27.8B |
| Q1 2022 | 1,148 | $33.5B |
| Q4 2021 | 1,162 | $36.8B |
| Q3 2021 | 1,093 | $34.4B |
| Q2 2021 | 1,114 | $34.6B |
| Q1 2021 | 1,097 | $36.8B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Baxter International Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 84,783,925 | $1.62B | 0.03% | +6,956,600+8.9% | Added |
| Pzena Investment Management LLC | 70,046,251 | $1.34B | 4.01% | +12,659,211+22.1% | Added |
| Vanguard Group Inc | 62,635,136 | $1.20B | 0.02% | +109,503+0.2% | Added |
| Dodge & Cox | 56,999,970 | $1.09B | 0.59% | −396,400−0.7% | Reduced |
| FMR LLC | 34,811,770 | $665.3M | 0.03% | +20,239,853+138.9% | Added |
| State Street Corp | 22,539,233 | $430.9M | 0.01% | +542,007+2.5% | Added |
| Geode Capital Management, LLC | 13,510,205 | $257.2M | 0.02% | +972,891+7.8% | Added |
| Invesco Ltd. | 11,861,392 | $226.7M | 0.02% | +3,156,486+36.3% | Added |
| Greenhaven Associates IncSuperinvestorGreenhaven Associates | 10,693,223 | $204.3M | 3.31% | +4,404,874+70.0% | Added |
| UBS Group AG | 10,666,458 | $203.8M | 0.04% | +6,774,236+174.0% | Added |
| Morgan Stanley | 8,615,885 | $164.6M | 0.01% | +2,090,181+32.0% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 8,445,832 | $161.4M | 0.20% | −26,642−0.3% | Reduced |
| State Farm Mutual Automobile Insurance Co | 6,225,060 | $119.0M | 0.09% | 00.0% | Unchanged |
| Norges Bank | 6,191,263 | $118.3M | 0.01% | +6,191,263 | New |
| Lazard Asset Management LLC | 6,188,011 | $118.3M | 0.20% | +319,533+5.4% | Added |
| Dimensional Fund Advisors LP | 5,770,845 | $110.3M | 0.02% | +2,288,702+65.7% | Added |
| Charles Schwab Investment Management Inc | 5,311,832 | $101.5M | 0.02% | +267,019+5.3% | Added |
| Equity Investment Corp | 4,896,701 | $93.6M | 1.89% | +237,151+5.1% | Added |
| Artisan Partners Limited Partnership | 4,757,942 | $90.9M | 0.14% | −256,053−5.1% | Reduced |
| Northern Trust Corp | 4,673,230 | $89.3M | 0.01% | −8,312−0.2% | Reduced |
| LSV Asset Management | 4,307,693 | $82.3M | 0.18% | −214,807−4.7% | Reduced |
| Bank of America Corp | 4,273,415 | $81.7M | 0.01% | −980,388−18.7% | Reduced |
| Russell Investments Group, Ltd. | 3,410,689 | $65.2M | 0.07% | +894,761+35.6% | Added |
| Thompson Siegel & Walmsley LLC | 3,328,202 | $63.6M | 1.07% | +356,612+12.0% | Added |
| Nordea Investment Management AB | 3,102,781 | $59.7M | 0.05% | −1,051,877−25.3% | Reduced |
| Bank of New York Mellon Corp | 3,019,502 | $57.7M | 0.01% | −1,279,777−29.8% | Reduced |
| Goldman Sachs Group Inc | 2,904,976 | $55.5M | 0.01% | +1,180,647+68.5% | Added |
| UBS Asset Management Americas Inc | 2,893,398 | $55.3M | 0.01% | −86,749−2.9% | Reduced |
| Deutsche Bank AG | 2,675,018 | $51.1M | 0.02% | +479,806+21.9% | Added |
| Legal & General Group Plc | 2,434,815 | $46.5M | 0.01% | −684,043−21.9% | Reduced |
| JPMorgan Chase & Co | 2,396,019 | $45.8M | 0.00% | −487,861−16.9% | Reduced |
| FIL Ltd | 2,093,515 | $40.0M | 0.03% | +346,300+19.8% | Added |
| Pale Fire Capital SE | 2,074,016 | $39.6M | 5.11% | +2,074,016 | New |
| Edmond de Rothschild Holding S.A. | 1,768,191 | $33.8M | 0.48% | +124,049+7.5% | Added |
| Amundi | 1,753,840 | $33.5M | 0.01% | +643,502+58.0% | Added |
| SG Americas Securities, LLC | 1,725,251 | $33.0M | 0.04% | +1,426,547+477.6% | Added |
| Voloridge Investment Management, LLC | 1,710,233 | $32.7M | 0.11% | +1,710,233 | New |
| Callodine Capital Management, LP | 1,611,166 | $30.8M | 2.47% | −144,834−8.2% | Reduced |
| Raymond James Financial Inc | 1,497,826 | $28.6M | 0.01% | +71,885+5.0% | Added |
| Barclays PLC | 1,426,510 | $27.3M | 0.01% | −76,849−5.1% | Reduced |
| Swiss National Bank | 1,341,024 | $25.6M | 0.02% | −137,965−9.3% | Reduced |
| Natixis Advisors, L.P. | 1,281,939 | $24.5M | 0.03% | −206,403−13.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,279,452 | $24.5M | 0.01% | −13,070−1.0% | Reduced |
| Bank of Montreal | 1,168,773 | $22.3M | 0.01% | +309,002+35.9% | Added |
| Citadel Advisors LLC | 1,156,466 | $22.1M | 0.02% | −735,907−38.9% | Reduced |
| Rhumbline Advisers | 1,150,495 | $22.0M | 0.02% | +10,495+0.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 1,113,802 | $21.7M | 0.01% | +120,071+12.1% | Added |
| Citigroup Inc | 1,053,231 | $20.1M | 0.01% | +543,405+106.6% | Added |
| Auto-Owners Insurance Co | 1,050,000 | $20.1M | 0.42% | 00.0% | Unchanged |
| Nuveen, LLC | 984,640 | $18.8M | 0.00% | −128,400−11.5% | Reduced |
| Envestnet Asset Management Inc | 959,101 | $18.3M | 0.01% | −47,171−4.7% | Reduced |
| HSBC Holdings PLC | 885,280 | $16.9M | 0.01% | +34,286+4.0% | Added |
| Royal Bank of Canada | 860,393 | $16.4M | 0.00% | −3,088,280−78.2% | Reduced |
| BNP Paribas Arbitrage, SA | 838,077 | $16.0M | 0.01% | +8,948+1.1% | Added |
| ARGA Investment Management, LP | 819,011 | $15.7M | 0.43% | +1220.0% | Added |
| Price T Rowe Associates Inc | 761,411 | $14.6M | 0.00% | −12,690,881−94.3% | Reduced |
| Squarepoint Ops LLC | 759,907 | $14.5M | 0.03% | +427,512+128.6% | Added |
| Invenomic Capital Management LP | 746,651 | $14.3M | 0.69% | +379,996+103.6% | Added |
| Wells Fargo & Company | 746,271 | $14.3M | 0.00% | −142,162−16.0% | Reduced |
| Eurizon Capital SGR S.p.A. | 728,688 | $13.9M | 0.04% | +728,688 | New |
| California Public Employees Retirement System | 698,995 | $13.4M | 0.01% | −11,850−1.7% | Reduced |
| Natixis | 641,872 | $12.3M | 0.05% | +641,872 | New |
| Arnhold LLC | 629,267 | $12.0M | 0.91% | +629,267 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 620,757 | $11.9M | 0.03% | +339,675+120.8% | Added |
| Parkwood LLC | 619,824 | $11.8M | 1.01% | +619,824 | New |
| California State Teachers Retirement System | 609,578 | $11.6M | 0.01% | −12,601−2.0% | Reduced |
| AQR Capital Management LLC | 603,295 | $11.5M | 0.01% | +315,353+109.5% | Added |
| Moore Capital Management, LP | 577,749 | $11.0M | 0.23% | +115,183+24.9% | Added |
| Alliancebernstein L.P. | 575,523 | $11.0M | 0.00% | −40,550−6.6% | Reduced |
| Principal Financial Group Inc | 567,210 | $10.8M | 0.01% | +14,200+2.6% | Added |
| National Pension Service | 537,185 | $10.3M | 0.01% | +106,219+24.6% | Added |
| CIBC Asset Management Inc | 516,957 | $9.88M | 0.02% | +80,386+18.4% | Added |
| ExodusPoint Capital Management, LP | 503,628 | $9.62M | 0.11% | +199,339+65.5% | Added |
| Gabelli Funds LLC | 495,000 | $9.46M | 0.06% | −202,000−29.0% | Reduced |
| Front Street Capital Management, Inc. | 478,664 | $9.15M | 1.30% | +220,163+85.2% | Added |
| State Board of Administration of Florida Retirement System | 469,748 | $8.98M | 0.02% | −11,270−2.3% | Reduced |
| Adage Capital Partners GP, L.L.C. | 464,047 | $8.87M | 0.01% | +146,500+46.1% | Added |
| Gendell Jeffrey L | 446,125 | $8.53M | 0.15% | +446,125 | New |
| New York State Common Retirement Fund | 441,542 | $8.44M | 0.01% | −5,400−1.2% | Reduced |
| Olstein Capital Management, L.P. | 417,000 | $7.97M | 1.63% | +52,000+14.2% | Added |
| Susquehanna International Group, LLP | 413,340 | $7.90M | 0.01% | −616,248−59.9% | Reduced |
| SEI Investments Co | 409,950 | $7.83M | 0.01% | −174,299−29.8% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 396,980 | $7.59M | 0.02% | +4,355+1.1% | Added |
| Gamco Investors, Inc. Et Al | 391,250 | $7.48M | 0.07% | +35,300+9.9% | Added |
| Tocqueville Asset Management L.P. | 382,180 | $7.30M | 0.11% | +382,180 | New |
| Manufacturers Life Insurance Company, The | 381,657 | $7.29M | 0.01% | +1,965+0.5% | Added |
| Swedbank AB | 381,391 | $7.29M | 0.01% | +100,909+36.0% | Added |
| New York State Teachers Retirement System | 376,368 | $7.19M | 0.01% | +110.0% | Added |
| South Dakota Investment Council | 366,744 | $7.01M | 0.13% | +4,200+1.2% | Added |
| Standard Life Aberdeen plc | 365,915 | $6.99M | 0.01% | −51,608−12.4% | Reduced |
| Victory Capital Management Inc | 354,174 | $6.77M | 0.00% | +209,771+145.3% | Added |
| Great Lakes Advisors, LLC | 349,836 | $6.69M | 0.05% | −40,617−10.4% | Reduced |
| Becker Capital Management Inc | 347,788 | $6.65M | 0.19% | −67,868−16.3% | Reduced |
| Great Hill Capital LLC | 344,636 | $6.59M | 4.54% | +151,650+78.6% | Added |
| QSM Asset Management Ltd | 340,700 | $6.51M | 3.73% | +340,700 | New |
| Neuberger Berman Group LLC | 338,706 | $6.47M | 0.00% | −15,291−4.3% | Reduced |
| Murphy, Middleton, Hinkle & Parker, Inc. | 158,878 | $6.27M | 4.30% | +158,878 | New |
| Manning & Napier Advisors LLC | 319,516 | $6.17M | 0.08% | −84,998−21.0% | Reduced |
| State of Wisconsin Investment Board | 318,581 | $6.09M | 0.01% | −122,641−27.8% | Reduced |
| Neo Ivy Capital Management | 307,451 | $5.88M | 0.93% | +296,943+2,825.9% | Added |