Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BAX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Kentucky Farm Bureau Mutual Insurance Co | 20K | $1.60B | β | 0.004% | 0.04% |
| 2 | BlackRock, Inc. | 79.4M | $1.33B | -6.3% | 15.380% | 0.02% |
| 3 | PZENA INVESTMENT MANAGEMENT LLC | 64.5M | $1.08B | -7.9% | 12.499% | 3.52% |
| 4 | DODGE & COX | 57.3M | $961.9M | +0.4% | 11.090% | 0.53% |
| 5 | FMR LLC | 46.3M | $777.2M | +32.9% | 8.962% | 0.04% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 33.5M | $562.9M | β | 6.490% | 0.01% |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 24.0M | $403.1M | β | 4.648% | 0.02% |
| 8 | STATE STREET CORP | 20.0M | $335.9M | -11.3% | 3.870% | 0.01% |
| 9 | GREENHAVEN ASSOCIATES INC | 14.3M | $240.4M | +33.8% | 2.772% | 3.96% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 13.8M | $230.8M | +1.9% | 2.666% | 0.01% |
| 11 | Invesco Ltd. | 13.1M | $220.4M | +10.6% | 2.542% | 0.03% |
| 12 | MORGAN STANLEY | 7.3M | $123.4M | -14.7% | 1.423% | 0.01% |
| 13 | First Pacific Advisors, LP | 6.7M | $112.6M | β | 1.298% | 1.58% |
| 14 | EQUITY INVESTMENT CORP | 6.4M | $107.0M | +30.1% | 1.234% | 2.10% |
| 15 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 6.2M | $104.6M | 0.0% | 1.206% | 0.08% |
| 16 | BANK OF AMERICA CORP /DE/ | 6.2M | $103.6M | +44.3% | 1.194% | 0.01% |
| 17 | DIMENSIONAL FUND ADVISORS LP | 5.9M | $99.6M | +2.8% | 1.149% | 0.02% |
| 18 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 5.6M | $93.9M | +5.2% | 1.083% | 0.01% |
| 19 | Artisan Partners Limited Partnership | 4.9M | $81.7M | +2.2% | 0.942% | 0.13% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 4.6M | $77.8M | +93.5% | 0.898% | 0.01% |
| 21 | NORTHERN TRUST CORP | 4.3M | $73.0M | -7.0% | 0.842% | 0.01% |
| 22 | UBS Group AG | 4.3M | $72.6M | -59.6% | 0.837% | 0.01% |
| 23 | GOLDMAN SACHS GROUP INC | 3.9M | $65.0M | +33.2% | 0.749% | 0.01% |
| 24 | Russell Investments Group, Ltd. | 3.4M | $57.5M | +0.7% | 0.665% | 0.06% |
| 25 | RWC Asset Management LLP | 3.1M | $51.7M | β | 0.596% | 2.16% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in BAX β a direct measure of their conviction.
Filings activity in BAX during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 653 | 6.2% | 95.51% | +0.14 pp | $10.29B | +0.1% |
| Q4 2025 | 696 | 2.4% | 95.37% | 6.43 pp | $10.27B | 6.3% |
| Q3 2025 | 713 | 5.9% | 101.80% | 40.88 pp | $10.96B | 29% |
| Q2 2025 | 758 | 7.2% | 142.68% | 57.31 pp | $15.36B | 78% |
| Q1 2025 | 817 | +2.5% | 199.99% | +77.83 pp | $68.94B | +424% |
| Q4 2024 | 797 | 8.1% | 122.16% | 27.51 pp | $13.16B | 18% |
| Q3 2024 | 867 | +2.0% | 149.67% | 50.32 pp | $16.12B | 54% |
| Q2 2024 | 850 | β | 199.99% | β | $35.02B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BAX stock.
Based on Q1 2026 13F filings, institutional ownership of Baxter International Inc. stands at 95.5%, held across 653 reporting institutions.
Kentucky Farm Bureau Mutual Insurance Co is the largest reported institutional holder of BAX, with approximately 20,000 shares worth $1.60B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of BAX, including GREENHAVEN ASSOCIATES INC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for BAX is 44 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
95 institutions opened new positions in BAX during Q1 2026, while 138 fully exited. 119 added to existing positions and 429 trimmed.
BAX institutional ownership rose by 0.14 percentage points quarter-over-quarter, with a net change of -43 holders.
The top 10 institutions account for 73.3% of all reported 13F value in BAX, and the top 25 account for 87.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Baxter International Inc. (BAX) Institutional Ownership