BAXTER INTERNATIONAL INC - Common Stock (BAX)

Historical Holders from Q1 2014 to Q4 2025

Type / Class: Equity / Common Stock
Symbol: BAX on NYSE
Shares outstanding: 512,467,589
Price per share: $19.11
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares as of 30 Sep 2025: 506,165,326
Holdings value: $11,524,597,445
% of all portfolios: 0.01%
Share change: +11,633,107
Value change: +$126,321,669
Average buys %: +0%
Average sells %: -0%
Number of holders: 711
Price from insider filings: $19.15

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of BAXTER INTERNATIONAL INC - Common Stock (BAX) based on Schedule 13D/G filings

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
DODGE & COX	11%	+11%	$1,306,915,345	+$132,406,662	57,396,370	+11%	Dodge & Cox	30 Sep 2025
PZENA INVESTMENT MANAGEMENT LLC	11%	+39%	$1,358,726,316	+$385,874,780	55,458,217	+40%	PZENA INVESTMENT MANAGEMENT LLC	31 Aug 2025
BlackRock Portfolio Management LLC	7.6%	+42%	$892,697,508	+$247,990,074	39,204,985	+38%	BlackRock Portfolio Management LLC	30 Sep 2025
BlackRock, Inc.	7.5%		$1,322,009,324		38,621,365		BlackRock, Inc.	31 Mar 2025

As of 30 Sep 2025, BAXTER INTERNATIONAL INC - Common Stock (BAX) has 711 institutional shareholders filing 13F forms. They hold 506,165,326 shares of 512,467,589 outstanding shares (99%) .

Top 25 institutional shareholders own 80% of the company.

Filer	Ownership	Nb Shares	Share Change %	Portfolio %	Holdings Value
BlackRock, Inc.	15%	77,827,325	+15%	0.03%	$1,772,128,185
VANGUARD GROUP INC	12%	62,525,633	+0.54%	0.02%	$1,423,708,663
Dodge & Cox	11%	57,396,370	+10%	0.71%	$1,306,915,345
PZENA INVESTMENT MANAGEMENT LLC	11%	57,387,040	+46%	4.2%	$1,306,702,901
STATE STREET CORP	4.3%	21,997,226	+0.27%	0.02%	$504,528,182
FMR LLC	2.8%	14,571,917	+258%	0.02%	$331,802,557
PRICE T ROWE ASSOCIATES INC /MD/	2.6%	13,452,292	-39%	0.03%	$306,310,000
GEODE CAPITAL MANAGEMENT, LLC	2.4%	12,537,314	-2.7%	0.02%	$284,243,939
Invesco Ltd.	1.7%	8,704,906	-2.2%	0.03%	$198,210,709
HARRIS ASSOCIATES L P	1.7%	8,472,474	-9.4%	0.31%	$192,918,242
MORGAN STANLEY	1.3%	6,525,704	+26%	0.01%	$148,590,357
GREENHAVEN ASSOCIATES INC	1.2%	6,288,349		2.2%	$143,185,707
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	1.2%	6,225,060	0%	0.12%	$141,744,616
LAZARD ASSET MANAGEMENT LLC	1.1%	5,868,478	+31%	0.18%	$133,625,244
BANK OF AMERICA CORP /DE/	1%	5,253,803	-6.5%	0.01%	$119,629,084
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.98%	5,044,813	+41%	0.02%	$114,870,392
Artisan Partners Limited Partnership	0.98%	5,013,995	+0.24%	0.16%	$114,168,666
NORTHERN TRUST CORP	0.91%	4,681,542	-1.6%	0.01%	$106,598,712
EQUITY INVESTMENT CORP	0.91%	4,659,550	+18%	2.2%	$106,097,953
LSV ASSET MANAGEMENT	0.88%	4,522,500	-5.9%	0.23%	$102,977,000
Bank of New York Mellon Corp	0.84%	4,299,279	-67%	0.02%	$97,894,578
NORDEA INVESTMENT MANAGEMENT AB	0.81%	4,154,658	+17%	0.08%	$92,420,366
ROYAL BANK OF CANADA	0.77%	3,948,673	+36%	0.02%	$89,911,000
UBS Group AG	0.76%	3,892,222	-26%	0.02%	$88,625,895
Rubric Capital Management LP	0.74%	3,774,889		1.2%	$85,954,223

Institutional Holders of BAXTER INTERNATIONAL INC - Common Stock (BAX) across Reporting Periods

Period	Reported Shares, Excl. Options	Value, Excl. Options	Value Change	Puts Notional Value	Calls Notional Value	Price	Investors
2025 Q4	15,797,680	$302,447,945	+$85,174,916			$19.11	23
2025 Q3	506,165,326	$11,524,597,445	+$126,321,669	$81,268,344	$51,027,387	$22.77	711
2025 Q2	497,036,519	$15,052,528,396	+$267,943,549	$45,041,500	$108,644,640	$30.28	760
2025 Q1	486,336,535	$16,643,272,401	+$262,110,102	$78,519,780	$129,561,786	$34.23	823
2024 Q4	482,037,218	$14,061,274,203	+$566,254,663	$94,971,215	$72,046,617	$29.16	798
2024 Q3	459,152,881	$17,429,499,485	+$207,867,479	$92,732,183	$105,816,990	$37.97	886
2024 Q2	455,624,907	$15,246,456,719	+$92,776,766	$101,631,135	$71,342,160	$33.45	862
2024 Q1	447,413,864	$19,118,027,797	-$424,623,886	$106,546,546	$179,405,424	$42.74	918
2023 Q4	431,082	$16,673,130	-$876,086			$38.66	11
2023 Q3	438,932,026	$16,560,906,573	+$144,994,297	$108,177,380	$267,391,674	$37.74	872
2023 Q2	431,817,966	$19,657,250,185	-$264,951,068	$139,189,588	$177,261,872	$45.56	952
2023 Q1	440,125,812	$17,861,091,623	+$13,682,750	$122,235,532	$218,251,356	$40.56	916
2022 Q4	435,477,210	$22,175,090,720	-$50,847,018	$82,423,907	$152,481,371	$50.97	977
2022 Q3	435,331,408	$23,492,225,458	+$160,903,641	$130,182,000	$83,461,000	$53.86	973
2022 Q2	430,452,506	$27,648,820,154	+$58,763,780	$121,979,066	$80,429,000	$64.23	1,040
2022 Q1	427,465,644	$33,151,457,611	+$41,620,589	$131,557,000	$93,965,000	$77.54	1,118
2021 Q4	428,526,537	$36,781,459,205	+$57,689,802	$175,871,000	$116,597,000	$85.84	1,137
2021 Q3	427,356,401	$34,376,307,370	-$69,479,150	$147,534,000	$176,885,000	$80.43	1,065
2021 Q2	428,045,420	$34,448,404,220	-$675,041,728	$105,089,000	$103,499,000	$80.50	1,086
2021 Q1	434,179,192	$36,609,379,152	+$571,785,059	$111,319,120	$93,371,080	$84.34	1,070
2020 Q4	427,645,204	$34,303,813,529	-$59,627,962	$94,443,000	$111,625,816	$80.24	1,086
2020 Q3	422,592,595	$33,967,917,904	-$238,897,902	$136,868,000	$142,664,000	$80.42	1,070
2020 Q2	424,213,259	$36,517,725,076	+$52,002,068	$118,387,000	$165,867,000	$86.10	1,101
2020 Q1	409,659,979	$33,274,800,901	+$538,207,649	$68,291,004	$92,179,001	$81.19	1,072
2019 Q4	423,854,857	$35,450,011,671	-$303,833,694	$116,800,000	$226,431,000	$83.62	1,121
2019 Q3	427,418,449	$37,377,312,488	-$306,024,560	$56,802,000	$113,885,000	$87.47	1,067
2019 Q2	426,251,481	$34,911,276,871	+$533,958,583	$97,167,000	$79,262,000	$81.90	1,042
2019 Q1	431,037,846	$35,037,818,102	-$181,782,488	$59,561,000	$89,660,000	$81.31	1,058
2018 Q4	438,299,724	$28,854,192,828	-$738,370,966	$55,543,000	$70,558,000	$65.82	1,030
2018 Q3	449,491,246	$34,634,366,125	-$155,285,999	$65,940,000	$101,174,000	$77.09	1,048
2018 Q2	453,042,247	$33,432,115,540	+$617,675,592	$80,873,000	$81,726,000	$73.84	1,053
2018 Q1	448,744,221	$29,129,110,570	-$500,462,635	$37,845,023	$63,093,002	$65.04	1,042
2017 Q4	459,819,839	$29,681,536,312	-$220,797,256	$36,843,000	$63,045,001	$64.64	1,029
2017 Q3	460,882,814	$28,919,210,098	+$58,267,570	$42,326,000	$79,704,000	$62.75	956
2017 Q2	461,960,378	$27,958,475,569	+$157,399,699	$37,630,002	$106,781,000	$60.54	951
2017 Q1	467,040,130	$24,222,335,367	+$2,456,823,122	$34,170,000	$50,638,030	$51.86	931
2016 Q4	467,003,747	$20,703,236,646	+$61,421,476	$75,906,016	$108,285,008	$44.34	911
2016 Q3	463,709,160	$22,050,621,487	-$251,647,633	$93,014,000	$183,751,000	$47.60	881
2016 Q2	462,710,413	$20,923,782,584	+$50,837,288	$229,896,000	$468,759,000	$45.22	878
2016 Q1	452,921,465	$18,604,205,176	+$318,871,737	$186,555,000	$537,102,000	$41.08	895
2015 Q4	461,595,968	$17,577,153,907	-$95,677,258	$112,238,000	$351,660,000	$38.15	878
2015 Q3	441,696,154	$14,509,450,805	-$585,793,084	$60,631,000	$237,835,000	$32.85	863
2015 Q2	424,554,965	$29,690,632,610	+$1,339,229,886	$143,921,000	$187,479,000	$69.93	990
2015 Q1	439,741,160	$30,126,058,351	+$523,200,720	$181,502,000	$259,161,890	$68.50	1,051
2014 Q4	434,630,392	$31,851,276,992	+$563,169,905	$263,014,000	$259,737,000	$73.29	1,051
2014 Q3	426,805,348	$30,598,905,932	-$106,874,512	$254,333,000	$239,269,000	$71.77	991
2014 Q2	428,231,314	$30,955,491,425	-$643,510,285	$252,545,798	$320,207,000	$72.30	980
2014 Q1	434,481,750	$31,979,733,633	+$23,767,262	$257,289,000	$444,448,000	$73.58	979