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: +$126,321,528
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%	$1,581,668,349	+$449,189,743	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%		$1,196,489,888		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	+$85,174,855			$19.11	23
2025 Q3	506,165,326	$11,524,597,445	+$126,321,528	$81,268,344	$51,027,387	$22.77	711
2025 Q2	497,036,519	$15,052,528,396	+$267,943,492	$45,041,500	$108,644,640	$30.28	760
2025 Q1	486,637,101	$16,653,560,861	+$261,878,961	$78,519,780	$129,561,786	$34.23	827
2024 Q4	482,291,985	$14,068,499,266	+$412,199,704	$94,971,215	$72,046,617	$29.16	806
2024 Q3	464,583,503	$17,635,733,088	+$405,470,470	$92,732,183	$105,816,990	$37.97	886
2024 Q2	455,242,148	$15,233,547,096	-$63,010,753	$101,631,135	$71,342,160	$33.45	866
2024 Q1	453,352,864	$19,370,800,871	-$174,412,194	$106,546,546	$179,405,424	$42.74	923
2023 Q4	457,674,884	$17,700,650,117	+$213,830,957	$130,579,759	$187,354,384	$38.66	904
2023 Q3	447,738,798	$16,893,316,776	+$163,057,282	$108,177,380	$267,391,674	$37.74	891
2023 Q2	440,375,445	$20,047,129,495	+$59,033,609	$139,185,588	$177,230,872	$45.56	972
2023 Q1	440,394,656	$17,872,020,459	+$30,634,745	$122,235,532	$218,251,356	$40.56	934
2022 Q4	436,333,590	$22,218,763,088	-$39,463,933	$82,423,907	$152,481,371	$50.97	997
2022 Q3	436,631,808	$23,562,273,370	+$170,597,108	$130,182,000	$83,461,000	$53.86	992
2022 Q2	431,113,659	$27,712,306,605	+$84,434,303	$128,363,066	$82,195,000	$64.23	1,055
2022 Q1	431,718,458	$33,481,214,571	+$177,009,455	$131,557,000	$93,965,000	$77.54	1,129
2021 Q4	428,935,308	$36,816,569,214	+$81,660,133	$175,871,000	$116,597,000	$85.84	1,148
2021 Q3	427,682,477	$34,402,517,337	-$116,232,696	$147,534,000	$176,885,000	$80.43	1,076
2021 Q2	428,984,660	$34,523,999,005	-$670,293,389	$105,005,000	$103,499,000	$80.50	1,095
2021 Q1	435,872,983	$36,752,241,509	+$548,742,125	$111,195,120	$93,371,080	$84.34	1,082
2020 Q4	429,753,082	$34,472,949,037	-$82,413,179	$94,443,000	$111,625,816	$80.24	1,100
2020 Q3	430,613,332	$34,611,599,265	-$239,557,150	$136,868,000	$142,664,000	$80.42	1,082
2020 Q2	432,754,142	$37,251,677,484	+$62,952,266	$118,387,000	$165,867,000	$86.10	1,115
2020 Q1	431,974,147	$35,085,311,241	+$537,050,697	$68,229,000	$92,179,000	$81.19	1,088
2019 Q4	424,590,522	$35,511,511,434	-$305,260,279	$116,800,000	$226,431,000	$83.62	1,129
2019 Q3	428,158,666	$37,442,055,377	-$251,675,086	$56,802,000	$113,885,000	$87.47	1,073
2019 Q2	431,261,379	$35,321,557,803	-$207,096,222	$97,167,000	$79,262,000	$81.90	1,053
2019 Q1	437,932,656	$35,598,408,543	-$155,885,587	$59,561,000	$89,660,000	$81.31	1,071
2018 Q4	441,165,891	$29,042,841,972	-$687,552,110	$55,543,000	$70,558,000	$65.82	1,041
2018 Q3	451,022,843	$34,752,431,020	-$160,377,604	$65,940,000	$101,174,000	$77.09	1,056
2018 Q2	453,788,962	$33,486,738,604	+$101,162,019	$80,873,000	$81,726,000	$73.84	1,062
2018 Q1	452,909,850	$29,400,280,145	-$521,946,344	$37,844,000	$63,082,000	$65.04	1,053
2017 Q4	464,779,148	$30,002,100,451	-$255,529,560	$36,843,000	$63,045,000	$64.64	1,041
2017 Q3	465,240,611	$29,191,205,042	+$112,035,764	$42,326,000	$79,704,000	$62.75	965
2017 Q2	465,063,198	$28,146,334,900	+$356,764,547	$37,630,000	$106,781,000	$60.54	960
2017 Q1	469,825,922	$24,366,802,837	+$2,481,626,563	$34,170,000	$50,607,000	$51.86	939
2016 Q4	467,448,970	$20,723,412,607	+$49,768,060	$75,906,000	$108,264,000	$44.34	915
2016 Q3	464,135,551	$22,073,790,904	-$251,086,035	$93,014,000	$183,751,000	$47.60	888
2016 Q2	463,334,998	$20,952,022,198	+$50,114,023	$229,896,000	$468,759,000	$45.22	884
2016 Q1	463,660,421	$19,045,359,372	+$308,828,462	$186,555,000	$537,102,000	$41.08	903
2015 Q4	462,393,262	$17,612,206,855	-$111,525,663	$112,211,000	$350,355,000	$38.15	882
2015 Q3	459,831,483	$15,105,416,126	-$412,941,608	$60,516,000	$237,813,000	$32.85	871
2015 Q2	435,365,972	$30,446,512,610	+$480,357,987	$143,921,000	$187,406,000	$69.93	997
2015 Q1	440,759,773	$30,195,789,475	+$533,933,277	$181,502,000	$259,160,000	$68.50	1,055
2014 Q4	435,235,127	$31,895,597,404	+$613,103,027	$263,014,000	$259,314,000	$73.29	1,054
2014 Q3	427,423,948	$30,643,303,162	-$97,178,055	$254,333,000	$239,269,000	$71.77	993
2014 Q2	428,787,394	$30,995,695,135	-$640,087,958	$252,545,798	$320,207,000	$72.30	984
2014 Q1	436,331,724	$32,115,854,422	+$84,172,195	$257,289,000	$444,448,000	$73.58	983