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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
TD Asset Management
126
TD Asset Management
Ontario, Canada
$6.96M -$56.3K -1,722 -0.8%
Ensign Peak Advisors
127
Ensign Peak Advisors
Utah
$6.92M -$15.1K -461 -0.2%
Thrivent Financial for Lutherans
128
Thrivent Financial for Lutherans
Minnesota
$6.68M -$35.9K -1,099 -0.6%
Calamos Advisors
129
Calamos Advisors
Illinois
$6.51M +$69.3K +2,119 +1%
GI
130
GAMCO Investors
Connecticut
$6.46M +$1M +30,700 +19%
MSV
131
MN Services Vermogensbeheer
Netherlands
$6.34M -$700K -21,400 -10%
LPL Financial
132
LPL Financial
California
$6.29M +$1.07M +32,805 +22%
HCM
133
Hillman Capital Management
Maryland
$6.23M -$721K -22,059 -11%
KK
134
KLP Kapitalforvaltning
Norway
$6.19M +$190K +5,800 +3%
N
135
Natixis
France
$6.16M +$5.91M +180,869 New
Toronto Dominion Bank
136
Toronto Dominion Bank
Ontario, Canada
$6.13M +$221K +6,758 +4%
SGH
137
Sivik Global Healthcare
Connecticut
$5.99M +$5.72M +175,000 New
State of New Jersey Common Pension Fund D
138
State of New Jersey Common Pension Fund D
New Jersey
$5.92M -$339K -10,368 -6%
Nomura Asset Management
139
Nomura Asset Management
Japan
$5.65M +$481K +14,705 +10%
BAM
140
Broyhill Asset Management
North Carolina
$5.53M -$99.6K -3,045 -2%
Ohio Public Employees Retirement System (OPERS)
141
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.37M -$593K -18,136 -10%
Caisse de Depot et Placement du Quebec (CDPQ)
142
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$5.35M +$5.11M +156,254 New
RAM
143
Resona Asset Management
Japan
$5.3M +$214K +6,541 +4%
OAM
144
Oppenheimer Asset Management
New York
$5.17M +$560K +17,141 +13%
ASRS
145
Arizona State Retirement System
Arizona
$5.05M -$17.2K -526 -0.4%
TC
146
TownSquare Capital
Utah
$5.02M +$4.23M +129,263 +748%
VOYA Investment Management
147
VOYA Investment Management
Georgia
$5M +$131 +4 +0%
MKA
148
M. Kulyk & Associates
Georgia
$4.99M +$317K +9,691 +7%
Pathstone Holdings
149
Pathstone Holdings
New Jersey
$4.95M +$1.05M +32,148 +29%
BCM
150
Brookstone Capital Management
Illinois
$4.9M +$799K +24,428 +21%

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.