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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
LGT Group Foundation69,403$1.34M0.01%+12,208+21.3%Added
Alberta Investment Management Corp70,600$1.35M0.01%+70,600New
CIBC World Markets Corp71,494$1.37M0.01%+71,494New
TSFG, LLC72,323$1.38M0.21%−28,854−28.5%Reduced
Marathon Trading Investment Management LLC72,619$1.39M0.17%+72,619New
TD Private Client Wealth LLC74,075$1.42M0.03%+8,680+13.3%Added
XTX Topco Ltd74,864$1.43M0.04%−15,481−17.1%Reduced
Quantitative Investment Management, LLC75,636$1.45M0.14%−12,385−14.1%Reduced
Forsta Ap-Fonden76,000$1.45M0.01%−26,000−25.5%Reduced
US Bancorp76,147$1.46M0.00%−3,920−4.9%Reduced
Police & Firemen's Retirement System of New Jersey76,698$1.47M0.01%−5,649−6.9%Reduced
Walleye Capital LLC77,375$1.48M0.01%+66,906+639.1%Added
Advisor Group Holdings, Inc.78,603$1.51M0.00%−16,435−17.3%Reduced
Holocene Advisors, LP79,755$1.52M0.00%−161,080−66.9%Reduced
NEOS Investment Management LLC79,806$1.53M0.01%+12,362+18.3%Added
Xponance, Inc.81,131$1.55M0.01%+4,490+5.9%Added
Daiwa Securities Group Inc.82,823$1.58M0.01%+2,362+2.9%Added
Bank of Nova Scotia83,065$1.59M0.00%+19,877+31.5%Added
La Banque Postale Asset Management SA83,200$1.59M0.02%+44,501+115.0%Added
Utah Retirement Systems84,197$1.61M0.02%00.0%Unchanged
Comerica Bank85,080$1.63M0.01%−40,955−32.5%Reduced
Wealth Enhancement Advisory Services, LLC80,081$1.65M0.00%−34,842−30.3%Reduced
Saba Capital Management, L.P.86,573$1.65M0.06%+86,573New
Summit Trail Advisors, LLC87,583$1.67M0.03%−18,724−17.6%Reduced
Mirae Asset Global Investments Co., Ltd.87,808$1.68M0.00%+15,121+20.8%Added
DnB Asset Management AS87,918$1.68M0.01%−310,200−77.9%Reduced
Arkadios Wealth Advisors89,023$1.70M0.03%+18,134+25.6%Added
Winton Group Ltd90,158$1.72M0.06%+40,031+79.9%Added
British Columbia Investment Management Corp90,915$1.74M0.01%+17,157+23.3%Added
Amalgamated Bank96,007$1.83M0.01%−1,345−1.4%Reduced
Skandinaviska Enskilda Banken AB (publ)97,008$1.85M0.01%00.0%Unchanged
IFM Investors Pty Ltd99,229$1.90M0.02%−2,421−2.4%Reduced
UniSuper Management Pty Ltd100,111$1.91M0.01%−350−0.3%Reduced
Cetera Investment Advisers100,464$1.92M0.00%+4,520+4.7%Added
Meyer Handelman Co100,652$1.92M0.06%−136,680−57.6%Reduced
Voya Investment Management LLC101,565$1.94M0.00%−7,724−7.1%Reduced
Jefferies Financial Group Inc.101,603$1.94M0.02%+3,202+3.3%Added
Ally Financial Inc.103,000$1.97M0.24%00.0%Unchanged
Tredje AP-fonden107,535$2.05M0.02%−12,087−10.1%Reduced
American Century Companies Inc108,374$2.07M0.00%+35,556+48.8%Added
Ameriprise Financial Inc109,209$2.09M0.00%−2,628,140−96.0%Reduced
Retirement Systems of Alabama109,356$2.09M0.01%−207−0.2%Reduced
Creative Planning109,494$2.09M0.00%+9,266+9.2%Added
Evergreen Capital Management LLC109,984$2.10M0.05%+109,984New
Banco Bilbao Vizcaya Argentaria, S.A.109,952$2.10M0.01%+2,214+2.1%Added
Occudo Quantitative Strategies LP110,961$2.12M0.14%+100,713+982.8%Added
Kovack Advisors, Inc.112,893$2.16M0.10%+112,893New
Wellington Management Group LLP112,911$2.16M0.00%+9,316+9.0%Added
IMC-Chicago, LLC113,362$2.17M0.04%+34,459+43.7%Added
Commonwealth Equity Services, LLC113,818$2.18M0.00%+1,541+1.4%Added
Cerity Partners LLC113,866$2.18M0.00%−7,501−6.2%Reduced
State of Tennessee, Treasury Department111,858$2.24M0.01%+55,674+99.1%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys119,572$2.29M0.01%−3,767−3.1%Reduced
Lipe & Dalton121,415$2.32M1.15%−11,505−8.7%Reduced
MetLife Investment Management123,199$2.35M0.01%−4,214−3.3%Reduced
Korea Investment CORP123,698$2.36M0.00%−600−0.5%Reduced
Pinnacle Financial Partners, Inc.131,313$2.51M0.02%+131,313New
Fiduciary Alliance LLC131,958$2.52M0.16%+39,303+42.4%Added
Handelsbanken Fonder AB135,500$2.59M0.01%−114,328−45.8%Reduced
Czech National Bank135,548$2.59M0.02%+5,098+3.9%Added
State of Michigan Retirement System140,128$2.68M0.01%+1,200+0.9%Added
Arizona State Retirement System141,152$2.70M0.01%−10,461−6.9%Reduced
Brookstone Capital Management141,354$2.70M0.03%+6,355+4.7%Added
Timelo Investment Management Inc.142,000$2.71M2.88%+40,000+39.2%Added
Hudson Bay Capital Management LP145,000$2.77M0.02%+65,000+81.3%Added
D. E. Shaw & Co., Inc.146,045$2.79M0.00%+146,045New
TD Asset Management Inc151,403$2.89M0.00%+3,383+2.3%Added
Public Employees Retirement System of Ohio154,183$2.95M0.01%−5,850−3.7%Reduced
ProShare Advisors LLC155,776$2.98M0.01%+25,665+19.7%Added
Resona Asset Management Co.,Ltd.157,486$3.01M0.01%−1,005−0.6%Reduced
Group One Trading, L.P.158,653$3.03M0.09%+105,003+195.7%Added
LPL Financial LLC165,174$3.16M0.00%−23,380−12.4%Reduced
Everett Harris & Co166,896$3.19M0.04%−332,637−66.6%Reduced
Nomura Asset Management Co Ltd168,390$3.22M0.01%+1,754+1.1%Added
Toronto Dominion Bank171,565$3.28M0.01%−524,479−75.4%Reduced
Royal London Asset Management Ltd173,362$3.31M0.01%+1,960+1.1%Added
AMG National Trust Bank173,435$3.31M0.08%+18,430+11.9%Added
Quantinno Capital Management LP176,839$3.38M0.01%−98,391−35.7%Reduced
Gotham Asset Management, LLC181,644$3.47M0.01%−442,393−70.9%Reduced
Calamos Advisors LLC182,829$3.49M0.01%−7,425−3.9%Reduced
KLP Kapitalforvaltning AS183,276$3.50M0.01%00.0%Unchanged
Mackenzie Financial Corp182,982$3.52M0.00%+155,472+565.1%Added
State of New Jersey Common Pension Fund D185,679$3.55M0.01%+3,979+2.2%Added
Assetmark, Inc187,223$3.58M0.01%+21,196+12.8%Added
Morningstar Investment Management LLC187,785$3.59M0.21%−135,412−41.9%Reduced
KBC Group NV189,502$3.62M0.01%+117,338+162.6%Added
Allspring Global Investments Holdings, LLC194,179$3.79M0.01%+170,252+711.5%Added
Mn Services Vermogensbeheer B.V.202,270$3.87M0.02%+2,570+1.3%Added
Mitsubishi UFJ Trust & Banking Corp205,747$3.93M0.01%−9,073−4.2%Reduced
Janney Montgomery Scott LLC206,499$3.95M0.01%+38,536+22.9%Added
Walleye Trading LLC210,306$4.02M0.06%+210,306New
Bridgewater Associates, LP210,800$4.03M0.01%+30,290+16.8%Added
Hillman Capital Management, Inc.211,541$4.04M2.54%−25,062−10.6%Reduced
Asset Management One Co.,Ltd.210,178$4.05M0.01%−1,876−0.9%Reduced
Treasurer of the State of North Carolina214,634$4.10M0.01%−15,674−6.8%Reduced
Aviva PLC233,716$4.47M0.01%+10,775+4.8%Added
Pictet Asset Management Holding SA235,375$4.50M0.00%+3,824+1.7%Added
National Bank of Canada237,743$4.54M0.00%+98,150+70.3%Added
Great West Life Assurance Co240,012$4.59M0.01%−343,789−58.9%Reduced
Verition Fund Management LLC243,228$4.65M0.03%+181,230+292.3%Added