Dodge & Cox’s Baxter International BAX Stock Holding History

Dodge & Cox’s Portfolio BAX Stock Details BAX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.24B	Buy	58,386,345 +1,131,775	+2%	+$21.1M	0.65%	54
2026 Q1	$962M	Buy	57,254,570 +254,600	+0.4%	+$4.93M	0.53%	67
2025 Q4	$1.09B	Sell	56,999,970 -396,400	-0.7%	-$7.93M	0.59%	58
2025 Q3	$1.31B	Buy	57,396,370 +5,274,750	+10%	+$134M	0.71%	49
2025 Q2	$1.58B	Buy	52,121,620 +662,695	+1%	+$20.1M	0.89%	43
2025 Q1	$1.76B	Buy	51,458,925 +1,081,631	+2%	+$35.4M	1%	38
2024 Q4	$1.47B	Buy	50,377,294 +5,779,100	+13%	+$195M	0.85%	43
2024 Q3	$1.69B	Buy	44,598,194 +17,075,449	+62%	+$627M	0.96%	42
2024 Q2	$921M	Buy	27,522,745 +20,850	+0.1%	+$768K	0.55%	61
2024 Q1	$1.18B	Buy	27,501,895 +120,430	+0.4%	+$4.9M	0.68%	54
2023 Q4	$1.06B	Buy	27,381,465 +17,533,024	+178%	+$620M	0.67%	56
2023 Q3	$372M	Buy	+9,848,441	New	+$420M	0.25%	83
2022 Q3	–	Sell	-3,382	Closed	-$217K	–	194
2022 Q2	$217K	Hold	3,382	–	–	﹤0.01%	205
2022 Q1	$262K	Hold	3,382	–	–	﹤0.01%	186
2021 Q4	$290K	Sell	3,382 -400	-11%	-$32.2K	﹤0.01%	184
2021 Q3	$304K	Hold	3,782	–	–	﹤0.01%	180
2021 Q2	$304K	Buy	3,782 +400	+12%	+$33.5K	﹤0.01%	181
2021 Q1	$285K	Hold	3,382	–	–	﹤0.01%	179
2020 Q4	$271K	Hold	3,382	–	–	﹤0.01%	180
2020 Q3	$272K	Hold	3,382	–	–	﹤0.01%	178
2020 Q2	$291K	Hold	3,382	–	–	﹤0.01%	179
2020 Q1	$275K	Hold	3,382	–	–	﹤0.01%	167
2019 Q4	$283K	Hold	3,382	–	–	﹤0.01%	176
2019 Q3	$296K	Hold	3,382	–	–	﹤0.01%	172
2019 Q2	$277K	Hold	3,382	–	–	﹤0.01%	177
2019 Q1	$275K	Hold	3,382	–	–	﹤0.01%	171
2018 Q4	$223K	Hold	3,382	–	–	﹤0.01%	181
2018 Q3	$261K	Hold	3,382	–	–	﹤0.01%	181
2018 Q2	$250K	Hold	3,382	–	–	﹤0.01%	171
2018 Q1	$220K	Hold	3,382	–	–	﹤0.01%	170
2017 Q4	$219K	Hold	3,382	–	–	﹤0.01%	176
2017 Q3	$212K	Hold	3,382	–	–	﹤0.01%	179
2017 Q2	$205K	Buy	+3,382	New	+$192K	﹤0.01%	178
2015 Q3	–	Sell	-6,226	Closed	-$237K	–	185
2015 Q2	$237K	Hold	6,226	–	–	﹤0.01%	176
2015 Q1	$232K	Hold	6,226	–	–	﹤0.01%	181
2014 Q4	$248K	Hold	6,226	–	–	﹤0.01%	180
2014 Q3	$243K	Hold	6,226	–	–	﹤0.01%	184
2014 Q2	$245K	Sell	6,226 -41	-0.7%	-$1.64K	﹤0.01%	164
2014 Q1	$250K	Buy	6,267 +41	+0.7%	+$1.53K	﹤0.01%	162
2013 Q4	$235K	Hold	6,226	–	–	﹤0.01%	161
2013 Q3	$222K	Sell	6,226 -368	-6%	-$14.3K	﹤0.01%	162
2013 Q2	$248K	Buy	+6,594	New	+$253K	﹤0.01%	162

Other funds holding BAX

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Greenhaven Associates Purchase, New York $8.66B AUM 17.37% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Dodge & Cox's BAX Position: Q2 2026 in Review

Dodge & Cox increased its Baxter International (BAX) stake by 2% in Q2 2026, buying an estimated $21.1M and bringing the position to 58,386,345 shares worth $1.24B. The position accounts for 0.65% of the portfolio, ranked #54.

Dodge & Cox first reported a position in BAX in Q2 2013 and has held it in 42 quarters since. The position peaked at $1.76B in Q1 2025. 684 funds tracked by Wall St. Rank hold BAX as of Q2 2026.

Dodge & Cox held 58,386,345 shares of Baxter International worth $1.24B as of Q2 2026.
Dodge & Cox bought 1,131,775 Baxter International shares in Q2 2026, an estimated $21.1M.
Baxter International made up 0.65% of Dodge & Cox's portfolio in Q2 2026, its #54 holding.
Dodge & Cox first reported a position in Baxter International in Q2 2013 and has held it in 42 quarters since.
Dodge & Cox's Baxter International position peaked at $1.76B in Q1 2025.
684 funds tracked by Wall St. Rank held Baxter International as of Q2 2026.

Based on Dodge & Cox's 13F filing for Q2 2026, filed 13 Aug 2026.