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Baxter International

840 hedge funds and large institutions have $16.8B invested in Baxter International in 2025 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 280 increasing their positions, 304 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $142M | Put options by funds: $102M

27% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 96

20% more capital invested

Capital invested by funds: $14.1B → $16.8B (+$2.76B)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2% more funds holding

Funds holding: 823840 (+17)

1.29% more ownership

Funds ownership: 94.54%95.83% (+1.3%)

8% less repeat investments, than reductions

Existing positions increased: 280 | Existing positions reduced: 304

Holders
840
Holders Change
+17
Holders Change %
+2.07%
% of All Funds
11.26%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
122
Increased
280
Reduced
304
Closed
96
Calls
$142M
Puts
$102M
Net Calls
+$40.4M
Net Calls Change
+$56.4M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$41.5M +$3.26M +99,846 +9%
Barclays
52
Barclays
United Kingdom
$40.7M +$2.3M +70,416 +6%
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$39.1M -$570K -17,421 -2%
Raymond James Financial
54
Raymond James Financial
Florida
$38.8M +$4.89M +149,550 +15%
DRZID
55
DePrince Race & Zollo Inc (DRZ)
Florida
$37.2M +$5.94M +181,742 +20%
N
56
Nuveen
North Carolina
$36.3M +$699K +21,365 +2%
BNP Paribas Financial Markets
57
BNP Paribas Financial Markets
France
$35M -$20.9M -638,456 -38%
Wells Fargo
58
Wells Fargo
California
$32.2M +$3.67M +112,294 +14%
Mitsubishi UFJ Asset Management
59
Mitsubishi UFJ Asset Management
Japan
$31.5M +$3.23M +98,846 +12%
HSBC Holdings
60
HSBC Holdings
United Kingdom
$31.4M -$6.38M -195,203 -18%
Envestnet Asset Management
61
Envestnet Asset Management
Illinois
$30.9M -$2.75M -84,177 -9%
CCM
62
Callodine Capital Management
Massachusetts
$30M +$7.68M +235,000 +37%
Bank of Montreal
63
Bank of Montreal
Ontario, Canada
$29.3M -$3.44M -105,070 -11%
SEI Investments
64
SEI Investments
Pennsylvania
$28.4M -$7.82M -239,039 -22%
Citadel Advisors
65
Citadel Advisors
Florida
$28.4M +$3.41M +104,183 +14%
AllianceBernstein
66
AllianceBernstein
Tennessee
$26.6M +$5.84M +178,694 +30%
CEI
67
Clark Estates Inc
New York
$25.7M -$817K -25,000 -3%
Millennium Management
68
Millennium Management
New York
$22.9M -$12.3M -376,280 -36%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$21.6M -$438K -13,406 -2%
New York State Common Retirement Fund
70
New York State Common Retirement Fund
New York
$21.3M +$4.81M +147,155 +31%
Susquehanna International Group
71
Susquehanna International Group
Pennsylvania
$21.2M -$3.25M -99,258 -14%
Citigroup
72
Citigroup
New York
$20.8M +$5.25M +160,442 +36%
CAM
73
Cacti Asset Management
Georgia
$20.2M
Principal Financial Group
74
Principal Financial Group
Iowa
$19.7M -$69.2K -2,116 -0.4%
AOI
75
Auto-Owners Insurance
Michigan
$18.4M -$31.7M -968,765 -92%

BAX Hedge Fund Activity: Q1 2025 in Review

840 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2025, worth a combined $16.8B — up 20% from $14.1B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new BAX positions and 96 closed out — a net gain of 26 holders — while 280 added to existing stakes and 304 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $141M. The largest seller was Nordea Investment Management, cutting an estimated $157M.

  • 840 institutional investors held Baxter International (BAX) as of Q1 2025, up from 823 in Q4 2024.
  • Funds reported $16.8B of Baxter International stock for Q1 2025, up 20% quarter-over-quarter.
  • 122 funds opened new Baxter International positions in Q1 2025 and 96 closed out, a net change of +26 holders.
  • The largest Baxter International buyer in Q1 2025 was T. Rowe Price Associates, an estimated $141M added.
  • The largest Baxter International seller in Q1 2025 was Nordea Investment Management, an estimated $157M sold.

Based on aggregated 13F filings for Q1 2025.