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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
Morgan Stanley8,615,885$164.6M0.01%+2,090,181+32.0%Added
UBS Group AG10,666,458$203.8M0.04%+6,774,236+174.0%Added
Greenhaven Associates IncSuperinvestorGreenhaven Associates10,693,223$204.3M3.31%+4,404,874+70.0%Added
Invesco Ltd.11,861,392$226.7M0.02%+3,156,486+36.3%Added
Geode Capital Management, LLC13,510,205$257.2M0.02%+972,891+7.8%Added
State Street Corp22,539,233$430.9M0.01%+542,007+2.5%Added
FMR LLC34,811,770$665.3M0.03%+20,239,853+138.9%Added
Dodge & Cox56,999,970$1.09B0.59%−396,400−0.7%Reduced
Vanguard Group Inc62,635,136$1.20B0.02%+109,503+0.2%Added
Pzena Investment Management LLC70,046,251$1.34B4.01%+12,659,211+22.1%Added
BlackRock, Inc.84,783,925$1.62B0.03%+6,956,600+8.9%Added
Rubric Capital Management LP0$00.00%−3,774,889−100.0%Sold out
Cooke & Bieler LP0$00.00%−2,200,860−100.0%Sold out
Deprince Race & Zollo Inc0$00.00%−1,342,589−100.0%Sold out
Glenview Capital Management, LLC0$00.00%−742,542−100.0%Sold out
Twinbeech Capital LP0$00.00%−652,490−100.0%Sold out
Jane Street Group, LLC0$00.00%−450,450−100.0%Sold out
Sector Gamma AS0$00.00%−381,551−100.0%Sold out
Vontobel Holding Ltd.0$00.00%−375,393−100.0%Sold out
Engineers Gate Manager LP0$00.00%−275,558−100.0%Sold out
First National Bank of Omaha0$00.00%−243,627−100.0%Sold out
Clark Estates Inc0$00.00%−200,000−100.0%Sold out
Liberty One Investment Management, LLC0$00.00%−169,839−100.0%Sold out
HRT Financial LP0$00.00%−159,433−100.0%Sold out
Summit Financial, LLC0$00.00%−134,545−100.0%Sold out
Broyhill Asset Management0$00.00%−130,909−100.0%Sold out
Mubadala Investment Co PJSC0$00.00%−128,803−100.0%Sold out
USS Investment Management Ltd0$00.00%−108,320−100.0%Sold out
Stoneridge Investment Partners LLC0$00.00%−93,458−100.0%Sold out
VisionPoint Advisory Group, LLC0$00.00%−81,092−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−78,838−100.0%Sold out
CenterBook Partners LP0$00.00%−76,039−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−71,604−100.0%Sold out
Bellevue Group AG0$00.00%−68,084−100.0%Sold out
Humankind Investments LLC0$00.00%−66,530−100.0%Sold out
Simplex Trading, LLC0$00.00%−65,808−100.0%Sold out
Kempner Capital Management Inc.0$00.00%−62,370−100.0%Sold out
First National Advisers, LLC0$00.00%−59,925−100.0%Sold out
First Citizens Bank & Trust Co0$00.00%−59,367−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−57,971−100.0%Sold out
Envestnet Portfolio Solutions, Inc.0$00.00%−54,579−100.0%Sold out
Linscomb & Williams, Inc.0$00.00%−53,153−100.0%Sold out
John G Ullman & Associates Inc0$00.00%−52,834−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−42,836−100.0%Sold out
Deerfield Management Company, L.P. (Series C)0$00.00%−42,744−100.0%Sold out
TCW Group Inc0$00.00%−40,230−100.0%Sold out
S&CO Inc0$00.00%−39,855−100.0%Sold out
Empowered Funds, LLC0$00.00%−39,643−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−39,326−100.0%Sold out
A. D. Beadell Investment Counsel, Inc.0$00.00%−39,175−100.0%Sold out
SCS Capital Management LLC0$00.00%−29,003−100.0%Sold out
Caption Management, LLC0$00.00%−30,000−100.0%Sold out
Ci Investments Inc.0$00.00%−27,537−100.0%Sold out
Versor Investments LP0$00.00%−23,100−100.0%Sold out
BNP Paribas0$00.00%−21,914−100.0%Sold out
Ilex Capital Partners (UK) LLP0$00.00%−21,127−100.0%Sold out
Vident Advisory, LLC0$00.00%−19,704−100.0%Sold out
Catalytic Wealth RIA, LLC0$00.00%−19,643−100.0%Sold out
Concentric Capital Strategies, LP0$00.00%−19,549−100.0%Sold out
Heritage Investors Management Corp0$00.00%−17,788−100.0%Sold out
PVG Asset Management Corp0$00.00%−17,611−100.0%Sold out
Veracity Capital LLC0$00.00%−16,591−100.0%Sold out
Poehling Capital Management, LLC0$00.00%−16,034−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−15,210−100.0%Sold out
Candriam Luxembourg S.C.A.0$00.00%−14,778−100.0%Sold out
Jain Global LLC0$00.00%−14,078−100.0%Sold out
Romano Brothers and Company0$00.00%−13,866−100.0%Sold out
Nomura Holdings Inc0$00.00%−13,475−100.0%Sold out
Foresight Global Investors, Inc.0$00.00%−13,225−100.0%Sold out
Sound View Wealth Advisors Group, LLC0$00.00%−13,184−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−12,123−100.0%Sold out
Polymer Capital Management (HK) LTD0$00.00%−12,034−100.0%Sold out
Eclectic Associates Inc0$00.00%−11,621−100.0%Sold out
Pointe Capital Management LLC0$00.00%−11,082−100.0%Sold out
Summit Wealth Group LLC0$00.00%−6,592−100.0%Sold out
Blueshift Asset Management, LLC0$00.00%−10,831−100.0%Sold out
APG Asset Management US Inc.0$00.00%−10,543−100.0%Sold out
Integrated Advisors Network LLC0$00.00%−10,646−100.0%Sold out
Stratos Wealth Partners, LTD.0$00.00%−10,546−100.0%Sold out
Peapack Gladstone Financial Corp0$00.00%−10,470−100.0%Sold out
Tiaa Trust, National Association0$00.00%−10,159−100.0%Sold out
Legacy Financial Advisors, Inc.0$00.00%−10,040−100.0%Sold out
Gabelli & Co Investment Advisers, Inc.0$00.00%−10,000−100.0%Sold out
Eagle Harbor Asset Management Inc0$00.00%−9,962−100.0%Sold out
Perigon Wealth Management, LLC0$00.00%−9,589−100.0%Sold out
Pine Valley Investments Ltd Liability Co0$00.00%−9,550−100.0%Sold out
HighPoint Advisor Group LLC0$00.00%−9,107−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−8,996−100.0%Sold out
Callan Family Office, LLC0$00.00%−8,981−100.0%Sold out
Gateway Investment Advisers LLC0$00.00%−8,912−100.0%Sold out
Snowden Capital Advisors LLC0$00.00%−8,677−100.0%Sold out
Advisory Services Network, LLC0$00.00%−8,376−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−6,370−100.0%Sold out
Salem Investment Counselors Inc0$00.00%−5,300−100.0%Sold out
North Capital, Inc.0$00.00%−3,913−100.0%Sold out
Westpac Banking Corp0$00.00%−2,998−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−2,265−100.0%Sold out
Stance Capital LLC0$00.00%−1,975−100.0%Sold out
Palisade Asset Management, LLC0$00.00%−1,720−100.0%Sold out
Heartwood Wealth Advisors LLC0$00.00%−1,000−100.0%Sold out