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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, 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.

Institutional holdersQ4 2025: 711 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 heldQ4 2025: $10.5B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Baxter International Inc; share changes are against Q3 2025.

Institutions holding BAX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Cacti Asset Management LLC26,500$510.1K0.03%−27,500−50.9%Reduced
Spears Abacus Advisors LLC26,750$511.2K0.01%−34,229−56.1%Reduced
Farringdon Capital, Ltd.26,785$511.9K0.13%+26,785New
Norinchukin Bank, The26,856$513.2K0.01%+1,096+4.3%Added
JustInvest LLC26,959$515.2K0.01%−2,938−9.8%Reduced
Keybank National Association27,351$522.7K0.00%−6,141−18.3%Reduced
Radnor Capital Management, LLC28,488$544.4K0.08%−11,716−29.1%Reduced
Gifford Fong Associates29,000$554.0K0.11%00.0%Unchanged
Hartford Investment Management Co29,111$556.3K0.02%−575−1.9%Reduced
Aigen Investment Management, LP29,133$556.7K0.13%+29,133New
Atria Investments LLC30,096$575.1K0.01%−6,387−17.5%Reduced
Tokio Marine Asset Management Co Ltd30,357$580.1K0.02%+8,655+39.9%Added
Sterling Capital Management LLC30,370$580.4K0.01%−1,302−4.1%Reduced
Truist Financial Corp30,464$582.2K0.00%−7,238−19.2%Reduced
Sciencast Management LP30,464$582.2K0.08%−80,983−72.7%Reduced
Wiley Bros.-Aintree Capital, LLC31,091$593.3K0.00%−6,012−16.2%Reduced
Murphy Pohlad Asset Management LLC31,106$594.4K0.23%+31,106New
Allianz Asset Management GmbH31,631$604.5K0.00%+4,147+15.1%Added
Midwest Trust Co31,683$605.5K0.01%−1,365−4.1%Reduced
Camelot Portfolios, LLC31,932$610.2K0.38%−8,679−21.4%Reduced
GWM Advisors LLC31,957$610.7K0.00%+30,459+2,033.3%Added
NewEdge Wealth, LLC32,075$612.9K0.01%+6,660+26.2%Added
Nomura Asset Management International Inc.32,100$613.0K0.00%+32,100New
Kentucky Retirement Systems32,161$614.6K0.02%00.0%Unchanged
Wealthfront Advisers LLC33,171$633.9K0.00%+10,505+46.3%Added
HighTower Advisors, LLC33,242$635.2K0.00%−8,179−19.7%Reduced
Investment Management Corp of Ontario34,747$664.0K0.01%+10,597+43.9%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.35,235$673.0K0.00%−2,864−7.5%Reduced
Kestra Private Wealth Services, LLC36,008$688.1K0.01%−23,465−39.5%Reduced
Schroder Investment Management Group36,672$700.8K0.00%−4,043−9.9%Reduced
Mizuho Securities USA LLC37,430$701.4K0.01%+21+0.1%Added
Crossmark Global Holdings, Inc.36,970$706.5K0.01%+15,246+70.2%Added
Allstate Corp37,162$710.2K0.01%+18,192+95.9%Added
Franklin Resources Inc37,714$720.7K0.00%−390,548−91.2%Reduced
Storebrand Asset Management AS38,194$729.9K0.00%−8,464−18.1%Reduced
CI Private Wealth, LLC38,450$734.9K0.00%+5,543+16.8%Added
Entropy Technologies, LP39,167$748.5K0.04%+39,167New
Rockefeller Capital Management L.P.39,779$760.2K0.00%+17,885+81.7%Added
Barbara Oil Co.40,000$764.8K0.28%00.0%Unchanged
Teachers Retirement System of the State of Kentucky40,079$766.0K0.01%00.0%Unchanged
Pacer Advisors, Inc.40,414$772.3K0.00%−5,383−11.8%Reduced
Sowell Financial Services LLC41,314$789.5K0.03%+16,531+66.7%Added
Capstone Investment Advisors, LLC41,711$797.1K0.01%+20,880+100.2%Added
Premier Path Wealth Partners, LLC42,381$809.9K0.10%−9,182−17.8%Reduced
Sherman Porfolios, LLC42,861$819.1K0.06%+42,861New
Fifth Third Bancorp43,090$823.5K0.00%+17,741+70.0%Added
Brevan Howard Capital Management LP43,385$829.1K0.02%−112,551−72.2%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund44,534$851.0K0.01%+3,300+8.0%Added
Federation des caisses Desjardins du Quebec44,693$854.1K0.00%+28,156+170.3%Added
Inspirion Wealth Advisors, LLC45,013$860.2K0.11%+19,520+76.6%Added
Credit Agricole S A45,529$870.1K0.00%−3,241−6.6%Reduced
Swiss Life Asset Management Ltd46,018$879.4K0.00%−6,490−12.4%Reduced
Mercer Global Advisors Inc65,218$892.9K0.00%+6,708+11.5%Added
Beacon Investment Advisors LLC46,823$894.8K0.36%−78−0.2%Reduced
Nicholas Hoffman & Company, LLC.46,913$896.5K0.02%+943+2.1%Added
Brown Advisory Inc46,963$897.5K0.00%+611+1.3%Added
First Manhattan Co47,117$900.9K0.00%+1,100+2.4%Added
Jones Financial Companies LLLP47,279$903.5K0.00%−3,399−6.7%Reduced
Ethic Inc.47,541$908.5K0.01%+7,399+18.4%Added
Guggenheim Capital LLC47,874$914.9K0.01%−13,239−21.7%Reduced
Qsemble Capital Management, LP48,023$917.7K0.08%+48,023New
Captrust Financial Advisors49,035$937.1K0.00%+2,496+5.4%Added
M&T Bank Corp49,181$939.9K0.00%+3,259+7.1%Added
Unifi Asset Management LP50,193$959.2K1.04%+50,193New
Baird Financial Group, Inc.50,609$967.1K0.00%−7,606−13.1%Reduced
Public Employees Retirement Association of Colorado51,029$975.0K0.00%00.0%Unchanged
State of Alaska, Department of Revenue51,197$978.0K0.01%−3,875−7.0%Reduced
Janus Henderson Group PLC51,216$978.5K0.00%+1,022+2.0%Added
Kornitzer Capital Management Inc51,505$984.3K0.02%−30,430−37.1%Reduced
Cambridge Investment Research Advisors, Inc.51,552$985.0K0.00%+5,825+12.7%Added
SRS Capital Advisors, Inc.51,693$987.9K0.03%−30,376−37.0%Reduced
Lombard Odier Asset Management (Switzerland) SA54,000$1.03M0.04%+54,000New
Pathstone Holdings, LLC54,777$1.05M0.00%+11,934+27.9%Added
Mutual of America Capital Management LLC55,340$1.06M0.01%−463−0.8%Reduced
Rafferty Asset Management, LLC55,345$1.06M0.00%−1,674−2.9%Reduced
Ensign Peak Advisors, Inc56,392$1.08M0.00%−64,996−53.5%Reduced
OP Asset Management Ltd57,351$1.10M0.01%00.0%Unchanged
Axq Capital, LP57,440$1.10M0.25%+22,641+65.1%Added
Argyle Capital Management Inc.57,779$1.10M0.37%−500−0.9%Reduced
American Assets Investment Management, LLC57,829$1.11M0.08%00.0%Unchanged
PensionDanmark Pensionsforsikringsaktieselskab58,304$1.11M0.01%+58,304New
Oregon Public Employees Retirement Fund58,799$1.12M0.01%+100+0.2%Added
44 Wealth Management LLC59,503$1.14M0.38%−13,072−18.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.59,832$1.14M0.00%−90.0%Reduced
Aequim Alternative Investments LP60,000$1.15M0.02%+30,000+100.0%Added
MML Investors Services, LLC61,051$1.17M0.00%+10,951+21.9%Added
International Assets Investment Management, LLC62,263$1.19M0.08%+34,658+125.5%Added
ASR Vermogensbeheer N.V.62,552$1.20M0.01%−556−0.9%Reduced
Continental Advisors LLC63,400$1.21M0.79%+63,400New
Nissay Asset Management Corp65,945$1.26M0.01%+257+0.4%Added
Federated Hermes, Inc.66,114$1.26M0.00%−1,374−2.0%Reduced
Delta Asset Management LLC66,454$1.27M0.11%−17,835−21.2%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd67,120$1.28M0.01%00.0%Unchanged
Public Sector Pension Investment Board67,231$1.28M0.00%+22,220+49.4%Added
Oak Thistle LLC67,283$1.29M0.18%+67,283New
Rakuten Investment Management, Inc.67,606$1.30M0.00%+35,804+112.6%Added
Nisa Investment Advisors, LLC68,336$1.31M0.00%+7,506+12.3%Added
Mattern Capital Management, LLC69,020$1.32M0.16%+20,993+43.7%Added
New York Life Investment Management LLC69,537$1.33M0.01%−94−0.1%Reduced
Yousif Capital Management, LLC68,688$1.33M0.01%−1,223−1.7%Reduced