Baxter InternationalBAX
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 711 institutions reported holding Baxter International Inc. (BAX) in their 13F filings, down 21 from Q3 2025. 83 opened new positions and 119 sold out. The largest holders were BlackRock, Inc. ($1.6B), Pzena Investment Management LLC ($1.3B) and Vanguard Group Inc. ($1.2B). 9 famous investors held it, including Bill Nygren (0.2% of Harris Associates (Oakmark Funds)'s portfolio), Mario Gabelli (0.1% of GAMCO Investors's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Baxter International Inc.
- Sector
- Health Care
- CUSIP
- 071813109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 83 | $172.4M |
| Exits | 119 | $304.9M |
All 13F filers, Q3 2025 → Q4 2025: 82,320,282 shares bought and 45,317,274 shares sold, net +37,003,008 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 711 holders
| BlackRock, Inc. | 0.03% | Add +8.9% | 84,783,925 | $1.6B |
| Pzena Investment Management LLC | 4.01% | Add +22.1% | 70,046,251 | $1.3B |
| Vanguard Group Inc. | 0.02% | Add +0.2% | 62,635,136 | $1.2B |
| Dodge & Cox | 0.59% | Reduce -0.7% | 56,999,970 | $1.1B |
| FMR LLC | 0.03% | Add +138.9% | 34,811,770 | $665.3M |
| State Street Corp. | 0.01% | Add +2.5% | 22,539,233 | $430.9M |
| Geode Capital Management, LLC | 0.02% | Add +7.8% | 13,510,205 | $257.2M |
| Invesco Ltd. | 0.02% | Add +36.3% | 11,861,392 | $226.7M |
| Greenhaven Associates Inc. | 3.31% | Add +70.0% | 10,693,223 | $204.3M |
| UBS Group AG | 0.04% | Add +174.1% | 10,666,458 | $203.8M |
| Morgan Stanley | 0.01% | Add +32.0% | 8,615,885 | $164.6M |
| Harris Associates (Oakmark Funds) | 0.20% | Reduce -0.3% | 8,445,832 | $161.4M |
| State Farm Mutual Automobile Insurance Co. | 0.09% | No change | 6,225,060 | $119.0M |
| Norges Bank | 0.01% | — | 6,191,263 | $118.3M |
| Lazard Asset Management LLC | 0.20% | Add +5.4% | 6,188,011 | $118.3M |
| Dimensional Fund Advisors LP | 0.02% | Add +65.7% | 5,770,845 | $110.3M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +5.3% | 5,311,832 | $101.5M |
| Equity Investment Corp. | 1.89% | Add +5.1% | 4,896,701 | $93.6M |
| Artisan Partners Limited Partnership | 0.14% | Reduce -5.1% | 4,757,942 | $90.9M |
| Northern Trust Corp. | 0.01% | Reduce -0.2% | 4,673,230 | $89.3M |
| LSV Asset Management | 0.18% | Reduce -4.8% | 4,307,693 | $82.3M |
| Bank of America Corp. | 0.01% | Reduce -18.7% | 4,273,415 | $81.7M |
| Russell Investments Group, Ltd. | 0.07% | Add +35.6% | 3,410,689 | $65.2M |
| Thompson Siegel & Walmsley LLC | 1.07% | Add +12.0% | 3,328,202 | $63.6M |
| Nordea Investment Management AB | 0.05% | Reduce -25.3% | 3,102,781 | $59.7M |
| Bank of New York Mellon Corp | 0.01% | Reduce -29.8% | 3,019,502 | $57.7M |
| Goldman Sachs Group Inc. | 0.01% | Add +68.5% | 2,904,976 | $55.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Reduce -2.9% | 2,893,398 | $55.3M |
| Deutsche Bank AG | 0.02% | Add +21.9% | 2,675,018 | $51.1M |
| Legal & General Group Plc | 0.01% | Reduce -21.9% | 2,434,815 | $46.5M |
| JPMorgan Chase & Co. | 0.00% | Reduce -16.9% | 2,396,019 | $45.8M |
| FIL Ltd | 0.03% | Add +19.8% | 2,093,515 | $40.0M |
| Pale Fire Capital SE | 5.11% | New | 2,074,016 | $39.6M |
| Edmond DE Rothschild Holding S.A. | 0.48% | Add +7.5% | 1,768,191 | $33.8M |
| Amundi | 0.01% | Add +58.0% | 1,753,840 | $33.5M |
| SG Americas Securities, LLC | 0.04% | Add +477.6% | 1,725,251 | $33.0M |
| Voloridge Investment Management, LLC | 0.11% | New | 1,710,233 | $32.7M |
| Callodine Capital Management, LP | 2.47% | Reduce -8.3% | 1,611,166 | $30.8M |
| Raymond James Financial Inc. | 0.01% | Add +5.0% | 1,497,826 | $28.6M |
| Barclays PLC | 0.01% | Reduce -5.1% | 1,426,510 | $27.3M |
| Swiss National Bank | 0.02% | Reduce -9.3% | 1,341,024 | $25.6M |
| Natixis Advisors, LLC | 0.03% | Reduce -13.9% | 1,281,939 | $24.5M |
| Sumitomo Mitsui Trust Group, Inc. | 0.01% | Reduce -1.0% | 1,279,452 | $24.5M |
| Bank of Montreal | 0.01% | Add +35.9% | 1,168,773 | $22.3M |
| Citadel Advisors | 0.02% | Reduce -38.9% | 1,156,466 | $22.1M |
| Rhumbline Advisers | 0.02% | Add +0.9% | 1,150,495 | $22.0M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.01% | Add +12.1% | 1,113,802 | $21.7M |
| Citigroup Inc. | 0.01% | Add +106.6% | 1,053,231 | $20.1M |
| Auto-Owners Insurance Co | 0.42% | No change | 1,050,000 | $20.1M |
| Nuveen, LLC | 0.00% | Reduce -11.5% | 984,640 | $18.8M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -4.7% | 959,101 | $18.3M |
| HSBC Holdings PLC | 0.01% | Add +4.0% | 885,280 | $16.9M |
| Royal Bank of Canada | 0.00% | Reduce -78.2% | 860,393 | $16.4M |
| BNP Paribas Financial Markets | 0.01% | Add +1.1% | 838,077 | $16.0M |
| ARGA Investment Management, LP | 0.43% | Add +0.0% | 819,011 | $15.7M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -94.3% | 761,411 | $14.6M |
| Squarepoint Ops LLC | 0.03% | Add +128.6% | 759,907 | $14.5M |
| Invenomic Capital Management LP | 0.69% | Add +103.6% | 746,651 | $14.3M |
| Wells Fargo & Company | 0.00% | Reduce -16.0% | 746,271 | $14.3M |
| Eurizon Capital SGR S.p.A. | 0.04% | — | 728,688 | $13.9M |
| California Public Employees Retirement System | 0.01% | Reduce -1.7% | 698,995 | $13.4M |
| Natixis | 0.05% | New | 641,872 | $12.3M |
| Arnhold LLC | 0.91% | New | 629,267 | $12.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.03% | Add +120.8% | 620,757 | $11.9M |
| Parkwood LLC | 1.01% | New | 619,824 | $11.8M |
| California State Teachers Retirement System | 0.01% | Reduce -2.0% | 609,578 | $11.6M |
| AQR Capital Management | 0.01% | Add +109.5% | 603,295 | $11.5M |
| Moore Capital Management, LP | 0.23% | Add +24.9% | 577,749 | $11.0M |
| Alliancebernstein L.P. | 0.00% | Reduce -6.6% | 575,523 | $11.0M |
| Principal Financial Group Inc. | 0.01% | Add +2.6% | 567,210 | $10.8M |
| National Pension Service | 0.01% | Add +24.6% | 537,185 | $10.3M |
| CIBC Asset Management Inc | 0.02% | Add +18.4% | 516,957 | $9.9M |
| ExodusPoint Capital Management, LP | 0.11% | Add +65.5% | 503,628 | $9.6M |
| Gabelli Funds LLC | 0.07% | Reduce -29.0% | 495,000 | $9.5M |
| Front Street Capital Management, Inc. | 1.30% | Add +85.2% | 478,664 | $9.1M |
| State Board of Administration of Florida Retirement System | 0.02% | Reduce -2.3% | 469,748 | $9.0M |
| Adage Capital Partners Gp, L.L.C. | 0.01% | Add +46.1% | 464,047 | $8.9M |
| Gendell Jeffrey L | 0.15% | New | 446,125 | $8.5M |
| New York State Common Retirement Fund | 0.01% | Reduce -1.2% | 441,542 | $8.4M |
| Olstein Capital Management, L.P. | 1.63% | Add +14.3% | 417,000 | $8.0M |
| Susquehanna International Group, LLP | 0.01% | Reduce -59.9% | 413,340 | $7.9M |
| Sei Investments Co. | 0.01% | Reduce -29.8% | 409,950 | $7.8M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.02% | Add +1.1% | 396,980 | $7.6M |
| GAMCO Investors | 0.07% | Add +9.9% | 391,250 | $7.5M |
| Tocqueville Asset Management L.P. | 0.11% | New | 382,180 | $7.3M |
| Manufacturers Life Insurance Company, The | 0.01% | Add +0.5% | 381,657 | $7.3M |
| Swedbank AB | 0.01% | Add +36.0% | 381,391 | $7.3M |
| New York State Teachers Retirement System | 0.01% | Add +0.0% | 376,368 | $7.2M |
| South Dakota Investment Council | 0.13% | Add +1.2% | 366,744 | $7.0M |
| Aberdeen Group plc | 0.01% | Reduce -12.4% | 365,915 | $7.0M |
| Victory Capital Management Inc. | 0.00% | Add +145.3% | 354,174 | $6.8M |
| Great Lakes Advisors, LLC | 0.05% | Reduce -10.4% | 349,836 | $6.7M |
| Becker Capital Management Inc. | 0.19% | Reduce -16.3% | 347,788 | $6.6M |
| Great Hill Capital LLC | 4.54% | Add +78.6% | 344,636 | $6.6M |
| QSM Asset Management Ltd | 3.73% | New | 340,700 | $6.5M |
| Neuberger Berman Group LLC | 0.00% | Reduce -4.3% | 338,706 | $6.5M |
| Murphy, Middleton, Hinkle & Parker, Inc. | 3.03% | New | 158,878 | $6.3M |
| Manning & Napier Advisors LLC | 0.08% | Reduce -21.0% | 319,516 | $6.2M |
| State of Wisconsin Investment Board | 0.01% | Reduce -27.8% | 318,581 | $6.1M |
| Neo Ivy Capital Management | 0.93% | Add +2825.9% | 307,451 | $5.9M |
"% of holder's portfolio" is BAX's weight in each manager's 13F, not the share of Baxter International Inc. the manager owns.