BAXTER INTERNATIONAL INC (BAX) — Institutional Holders, Q2 2026

696 institutional investment managers reported a BAX position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $11.9B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

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BAX in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

100

Added to

250

Trimmed

196

Sold out

Biggest buyers

FMRAdded · +7,649,027 sh+$163.1M
UBS Group AGAdded · +5,209,812 sh+$111.1M
GOLDMAN SACHS GROUPAdded · +3,280,907 sh+$69.9M
Holocene AdvisorsNew · +2,666,396 sh+$56.8M
MARSHALL WACE, LLPAdded · +2,590,559 sh+$55.2M

Biggest sellers

Artisan Partners Limited PartnershipTrimmed · -3,838,097 sh-$81.8M
MILLENNIUM MANAGEMENTTrimmed · -1,737,170 sh-$37.0M
Pale Fire Capital SESold out · -1,582,743 sh-$33.7M
Callodine Capital ManagementTrimmed · -1,204,694 sh-$25.7M
CITADEL ADVISORSTrimmed · -1,075,689 sh-$22.9M

BAX 13F holders ranked 1–100 of 696

Institutional investors reporting a position in BAXTER INTERNATIONAL INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 81,842,105 sh	81,842,105	$1.7B	0.03%	+3.1%
2	PZENA INVESTMENT MANAGEMENT#2 · 65,295,393 sh	65,295,393	$1.4B	4.09%	+1.2%
3	DODGE & COX#3 · 58,386,345 sh	58,386,345	$1.2B	0.65%	+2.0%
4	FMR#4 · 53,913,831 sh	53,913,831	$1.1B	0.05%	+16.5%
5	VANGUARD CAPITAL MANAGEMENT#5 · 33,754,280 sh	33,754,280	$719.6M	0.02%	+0.7%
6	VANGUARD PORTFOLIO MANAGEMENT#6 · 24,057,190 sh	24,057,190	$512.9M	0.02%	+0.3%
7	STATE STREET#7 · 20,600,468 sh	20,600,468	$439.4M	0.01%	+3.1%
8	GREENHAVEN ASSOCIATES#8 · 14,285,228 sh	14,285,228	$304.6M	—	-0.2%
9	GEODE CAPITAL MANAGEMENT#9 · 14,123,689 sh	14,123,689	$300.6M	0.02%	+2.6%
10	Invesco Ltd.#10 · 12,361,881 sh	12,361,881	$263.6M	0.02%	-5.8%
11	UBS Group AG#11 · 9,529,309 sh	9,529,309	$203.2M	0.03%	+120.6%
12	First Pacific Advisors#12 · 7,618,145 sh	7,618,145	$162.4M	2.01%	+13.7%
13	GOLDMAN SACHS GROUP#13 · 7,150,462 sh	7,150,462	$152.4M	0.01%	+84.8%
14	EQUITY INVESTMENT#14 · 6,886,265 sh	6,886,265	$146.8M	2.80%	+8.1%
15	MORGAN STANLEY#15 · 6,359,790 sh	6,359,790	$135.6M	<0.01%	-13.4%
16	BANK OF AMERICA#16 · 6,237,950 sh	6,237,950	$133.0M	<0.01%	+1.2%
17	STATE FARM MUTUAL AUTOMOBILE INSURANCE#17 · 6,225,060 sh	6,225,060	$132.7M	0.09%	0.0%
18	CHARLES SCHWAB INVESTMENT MANAGEMENT#18 · 5,996,711 sh	5,996,711	$127.8M	0.02%	+7.3%
19	DIMENSIONAL FUND ADVISORS#19 · 5,612,144 sh	5,612,144	$119.7M	0.02%	-5.4%
20	NORTHERN#20 · 4,864,004 sh	4,864,004	$103.7M	0.01%	+11.9%
21	MARSHALL WACE, LLP#21 · 4,857,267 sh	4,857,267	$103.6M	0.08%	+114.3%
22	NORGES BANK#22 · 4,144,905 sh	4,144,905	$88.4M	<0.01%	—
23	LSV ASSET MANAGEMENT#23 · 3,914,800 sh	3,914,800	$83.5M	0.15%	-3.6%
24	RWC Asset Management LLP#24 · 3,329,168 sh	3,329,168	$71.0M	—	+8.2%
25	Russell Investments Group, Ltd.#25 · 3,298,910 sh	3,298,910	$70.5M	0.06%	-4.0%
26	Bank of New York Mellon#26 · 3,191,198 sh	3,191,198	$68.0M	0.01%	+21.7%
27	FIL Ltd#27 · 2,940,551 sh	2,940,551	$62.7M	0.04%	+13.6%
28	VANGUARD FIDUCIARY#28 · 2,899,902 sh	2,899,902	$61.8M	0.01%	+0.1%
29	Holocene Advisors#29 · 2,666,396 sh	2,666,396	$56.8M	0.13%	New
30	THOMPSON SIEGEL & WALMSLEY#30 · 2,618,418 sh	2,618,418	$55.8M	1.00%	-12.6%
31	JONES FINANCIAL COMPANIES LLLP#31 · 2,406,207 sh	2,406,207	$53.0M	0.02%	+63.0%
32	JPMORGAN CHASE#32 · 2,364,139 sh	2,364,139	$52.6M	<0.01%	-10.7%
33	EDMOND DE ROTHSCHILD HOLDING S.A.#33 · 2,437,052 sh	2,437,052	$52.0M	0.69%	-2.3%
34	NATIXIS ADVISORS#34 · 2,315,963 sh	2,315,963	$49.4M	0.06%	+79.6%
35	RAYMOND JAMES FINANCIAL#35 · 2,115,902 sh	2,115,902	$45.1M	0.01%	+7.7%
36	DEUTSCHE BANK AG\#36 · 2,071,642 sh	2,071,642	$44.2M	0.01%	-7.1%
37	AQR CAPITAL MANAGEMENT#37 · 1,936,013 sh	1,936,013	$41.3M	0.01%	+258.7%
38	GENDELL JEFFREY L#38 · 1,755,898 sh	1,755,898	$37.4M	0.33%	+12.2%
39	BNP PARIBAS FINANCIAL MARKETS#39 · 1,663,662 sh	1,663,662	$35.5M	0.01%	-12.8%
40	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#40 · 1,513,888 sh	1,513,888	$32.3M	<0.01%	-14.4%
41	Defilade Capital Management, L.P.#41 · 1,459,380 sh	1,459,380	$31.1M	4.17%	New
42	TOCQUEVILLE ASSET MANAGEMENT L.P.#42 · 1,435,460 sh	1,435,460	$30.6M	0.40%	+5.1%
43	Front Street Capital Management#43 · 1,319,992 sh	1,319,992	$28.1M	3.20%	-0.3%
44	ENVESTNET ASSET MANAGEMENT#44 · 1,287,402 sh	1,287,402	$27.4M	<0.01%	+3.5%
45	RHUMBLINE ADVISERS#45 · 1,127,932 sh	1,127,932	$24.0M	0.02%	+0.2%
46	BANK OF MONTREAL#46 · 1,119,079 sh	1,119,079	$23.9M	<0.01%	-2.9%
47	Vanguard Global Advisers#47 · 1,079,923 sh	1,079,923	$23.0M	0.01%	-4.1%
48	Auto-Owners Insurance#48 · 1,050,000 sh	1,050,000	$22.4M	—	0.0%
49	Swiss National Bank#49 · 1,035,824 sh	1,035,824	$22.1M	0.01%	+1.8%
50	WELLS FARGO & COMPANY#50 · 1,029,431 sh	1,029,431	$21.9M	<0.01%	+14.6%
51	ROYAL BANK OF CANADA#51 · 1,026,461 sh	1,026,461	$21.9M	<0.01%	-13.2%
52	Artisan Partners Limited Partnership#52 · 1,023,677 sh	1,023,677	$21.8M	0.03%	-78.9%
53	Nuveen#53 · 1,013,286 sh	1,013,286	$21.6M	<0.01%	-16.8%
54	Legal & General Group Plc#54 · 974,554 sh	974,554	$20.8M	<0.01%	+0.7%
55	INVESTMENT MANAGEMENT ASSOCIATES#55 · 900,843 sh	900,843	$19.2M	3.94%	+15.7%
56	Amundi#56 · 895,147 sh	895,147	$19.1M	<0.01%	+12.2%
57	Gotham Asset Management#57 · 862,123 sh	862,123	$18.4M	0.04%	+138.4%
58	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#58 · 840,121 sh	840,121	$17.9M	0.01%	+34.2%
59	Connor, Clark & Lunn Investment Management Ltd.#59 · 820,729 sh	820,729	$17.5M	0.03%	-10.1%
60	PRICE T ROWE ASSOCIATES#60 · 752,182 sh	752,182	$16.0M	<0.01%	-0.1%
61	HSBC PLC#61 · 691,167 sh	691,167	$14.7M	<0.01%	+11.0%
62	O'Keefe Stevens Advisory#62 · 672,101 sh	672,101	$14.3M	—	+19.1%
63	SEI INVESTMENTS#63 · 669,220 sh	669,220	$14.3M	0.01%	-26.2%
64	CITIGROUP#64 · 667,731 sh	667,731	$14.2M	<0.01%	+16.7%
65	BARCLAYS PLC#65 · 664,389 sh	664,389	$14.2M	<0.01%	-21.0%
66	Mitsubishi UFJ Asset Management , Ltd.#66 · 659,668 sh	659,668	$14.1M	<0.01%	+6.1%
67	Parkwood#67 · 637,142 sh	637,142	$13.6M	0.97%	+4.0%
68	Arnhold#68 · 630,267 sh	630,267	$13.4M	—	-2.3%
69	Great Hill Capital#69 · 609,686 sh	609,686	$13.0M	—	+25.7%
70	QSM Asset Management Ltd#70 · 567,886 sh	567,886	$12.3M	6.35%	0.0%
71	PRINCIPAL FINANCIAL GROUP#71 · 563,491 sh	563,491	$12.0M	<0.01%	-1.7%
72	GABELLI FUNDS#72 · 503,500 sh	503,500	$10.7M	0.07%	+1.1%
73	VANGUARD ASSET MANAGEMENT, Ltd#73 · 502,072 sh	502,072	$10.7M	<0.01%	+5.0%
74	Verition Fund Management#74 · 464,280 sh	464,280	$9.9M	0.01%	+2024.9%
75	GAMCO INVESTORS, ET AL#75 · 454,466 sh	454,466	$9.7M	0.09%	+6.3%
76	Freestone Grove Partners#76 · 440,951 sh	440,951	$9.4M	0.06%	New
77	ALLIANCEBERNSTEIN L.P.#77 · 557,680 sh	557,680	$9.4M	<0.01%	+7.6%
78	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#78 · 437,498 sh	437,498	$9.3M	0.02%	-1.5%
79	AMERIPRISE FINANCIAL#79 · 427,139 sh	427,139	$9.1M	<0.01%	+214.2%
80	SUSQUEHANNA INTERNATIONAL GROUP, LLP#80 · 381,553 sh	381,553	$8.1M	<0.01%	-61.9%
81	MANUFACTURERS LIFE INSURANCE COMPANY, THE#81 · 379,831 sh	379,831	$8.1M	<0.01%	+4.3%
82	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#82 · 376,368 sh	376,368	$8.0M	—	0.0%
83	South Dakota Investment Council#83 · 366,744 sh	366,744	$7.8M	0.13%	0.0%
84	Allianz Asset Management GmbH#84 · 350,488 sh	350,488	$7.5M	<0.01%	+1942.4%
85	SG Americas Securities#85 · 339,656 sh	339,656	$7.2M	<0.01%	New
86	Fiduciary Alliance#86 · 292,401 sh	292,401	$6.2M	—	+13.3%
87	OPPENHEIMER ASSET MANAGEMENT#87 · 289,791 sh	289,791	$6.2M	0.06%	-3.9%
88	ADAGE CAPITAL PARTNERS GP, L.L.C.#88 · 288,347 sh	288,347	$6.1M	<0.01%	New
89	STIFEL FINANCIAL#89 · 277,549 sh	277,549	$5.9M	<0.01%	-2.5%
90	VICTORY CAPITAL MANAGEMENT#90 · 274,967 sh	274,967	$5.9M	<0.01%	-2.5%
91	STATE OF WISCONSIN INVESTMENT BOARD#91 · 274,520 sh	274,520	$5.9M	0.01%	-41.8%
92	Man Group plc#92 · 271,465 sh	271,465	$5.8M	<0.01%	+73.1%
93	PNC FINANCIAL SERVICES GROUP#93 · 264,579 sh	264,579	$5.6M	<0.01%	+8.2%
94	ASSETMARK#94 · 261,982 sh	261,982	$5.6M	—	+13.4%
95	OSAIC#95 · 254,880 sh	254,880	$5.4M	<0.01%	+40.6%
96	Chevy Chase#96 · 249,704 sh	249,704	$5.3M	0.01%	-1.6%
97	CONTINENTAL ADVISORS#97 · 247,127 sh	247,127	$5.3M	—	+21.4%
98	PRUDENTIAL FINANCIAL#98 · 245,449 sh	245,449	$5.2M	<0.01%	-5.0%
99	Neuberger Berman Group#99 · 245,401 sh	245,401	$5.2M	<0.01%	-27.3%
100	Jupiter Topco#100 · 237,683 sh	237,683	$5.1M	<0.01%	—

Funds that sold out of BAX in Q2 2026 (73)

Held BAX at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held BAX in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Pale Fire Capital SE1,582,743 sh	1,582,743	$26.6M
Swedbank AB393,432 sh	393,432	$6.6M
Sciencast Management320,608 sh	320,608	$5.4M
APG Asset Management N.V.247,897 sh	247,897	$3.6M
Brookstone Capital Management163,549 sh	163,549	$2.7M
Tredje AP-fonden122,195 sh	122,195	$2.1M
Atom Investors121,151 sh	121,151	$2.0M
Kovack Advisors119,684 sh	119,684	$2.0M
IMC-Chicago82,088 sh	82,088	$1.4M
Jump Financial81,581 sh	81,581	$1.4M
Oak Thistle72,542 sh	72,542	$1.2M
Unifi Asset Management72,002 sh	72,002	$1.2M
WORLDQUANT MILLENNIUM ADVISORS70,819 sh	70,819	$1.2M
Jain Global70,193 sh	70,193	$1.2M
ASR Vermogensbeheer N.V.63,664 sh	63,664	$1.1M
AXQ CAPITAL59,445 sh	59,445	$998.7K
Banque Cantonale Vaudoise57,701 sh	57,701	$969.0K
Catalyst Funds Management Pty Ltd54,300 sh	54,300	$912.2K
SummitTX Capital, L.P.52,737 sh	52,737	$886.0K
LMR Partners LLP51,362 sh	51,362	$862.9K
FORA Capital40,814 sh	40,814	$685.9K
INCEPTIONR38,260 sh	38,260	$642.8K
BANK OF NOVA SCOTIA35,108 sh	35,108	$589.8K
National Pension Service34,732 sh	34,732	$583.5K
Lombard Odier Asset Management (Switzerland) SA26,700 sh	26,700	$448.6K
Numerai GP22,465 sh	22,465	$377.4K
NATIXIS21,490 sh	21,490	$361.0K
FOX RUN MANAGEMENT, L.L.C.20,906 sh	20,906	$330.3K
AlphaGrep UK Ltd19,410 sh	19,410	$326.1K
LGT Group Foundation17,160 sh	17,160	$288.3K
Kingsview Wealth Management16,217 sh	16,217	$272.5K
Virtu Financial16,131 sh	16,131	$271.0K
BOOTHBAY FUND MANAGEMENT16,031 sh	16,031	$269.3K
Addison Advisors14,571 sh	14,571	$244.8K
PATTON FUND MANAGEMENT13,412 sh	13,412	$225.3K
Integrated Advisors Network12,744 sh	12,744	$214.1K
STEVENS CAPITAL MANAGEMENT12,519 sh	12,519	$210.0K
Dorsey & Whitney11,330 sh	11,330	$190.3K
Alpha Family10,860 sh	10,860	$182.4K
GATEWAY INVESTMENT ADVISERS10,793 sh	10,793	$181.3K
Snowden Capital Advisors10,700 sh	10,700	$179.9K
Caption Management9,000 sh	9,000	$151.2K
AlphaCore Capital7,688 sh	7,688	$129.2K
Aster Capital Management (DIFC) Ltd2,178 sh	2,178	$74.6K
QUADRANT CAPITAL GROUP2,846 sh	2,846	$72.9K
Optiver Holding B.V.3,187 sh	3,187	$53.5K
DANSKE BANK A/S2,900 sh	2,900	$48.7K
Quarry2,583 sh	2,583	$43.4K
Sound Income Strategies2,442 sh	2,442	$41.0K
Western Wealth Management892 sh	892	$15.0K
Annis Gardner Whiting Capital Advisors865 sh	865	$14.5K
State of Wyoming747 sh	747	$12.6K
Cetera Company, N.A674 sh	674	$11.3K
Reyes Financial Architecture653 sh	653	$11.0K
Golden State Equity Partners513 sh	513	$8.6K
TOMPKINS FINANCIAL330 sh	330	$5.5K
TWIN PEAKS WEALTH ADVISORS235 sh	235	$3.9K
Root Financial Partners230 sh	230	$3.9K
Johnson Financial Group158 sh	158	$2.7K
First Pacific Financial84 sh	84	$1.4K
CNB Bank75 sh	75	$1.3K
Portus Wealth Advisors65 sh	65	$1.1K
Washington Advisors58 sh	58	$974.00
Lloyd Advisory Services46 sh	46	$773.00
Destiny Wealth Partners45 sh	45	$756.00
Clayton Financial Group32 sh	32	$538.00
Innovative Asset Advisors Group28 sh	28	$470.00
Synergy Investment Management27 sh	27	$454.00
ALBION FINANCIAL GROUP18 sh	18	$303.00
Wealth Enhancement Services9 sh	9	$151.00
CURIO WEALTH4 sh	4	$67.00
Vermillion Wealth Management2 sh	2	$34.00
Parallax Volatility Advisers, L.P.1 sh	1	$17.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.